IBM, SUNY Poly creating artificial intelligence center in Albany

IBM and SUNY Polytechnic Institute are creating an artificial intelligence "hardware lab" in Albany. The facility will be part of a larger, $2 billion commitment by the company to New York state that will keep IBM in Albany for years to come. Under the terms of the deal, Empire State Development will provide a five-year, $300 million grant to SUNY Poly for what's being called the AI Hardware Center at the institute's Albany campus. The facility is expected to create hundreds of new jobs. In exchange, IBM has agreed to extend its presence at SUNY Poly's Center for Semiconductor Research through 2023, with an option for another five-year agreement after that.