Like the IBM researcher who presented on a joint project between IBM and MIT to create smarter AIs, I'm not a fan of the term AI. But don't get me started on naming because, when I did it, I discovered a new rule and that rule is that "the only thing folks will agree on when it comes to a new name is that the poor sap that came up with it is an idiot." Still to me something is either intelligent or not and if you are going to define a class of intelligence you likely should connect it to the source like human intelligence, animal intelligence, or, in this case, Machine Intelligence. Our current AI technology level is stupid. We call it Narrow AI, but it means the AI can do one of a limited number of highly defined tasks somewhat autonomously.

IBM and the Massachusetts Institute of Technology (MIT) have joined forces to establish an MIT-IBM Watson AI Lab in Cambridge that will pursue research in artificial intelligence (AI) with a focus on healthcare and cybersecurity, as well as on commercialising AI technologies born out of the lab. Touted as one of the largest university-industry AI collaborations and investments, the 10-year, $240 million initiative is expected to hire and bring together over 100 AI-focused scientists, professors, and students. In addition to IBM's plan to commercialise technologies developed within the lab, the pair will encourage MIT faculty and students to launch new companies that will focus on commercialising inventions and technologies that are developed at the lab. "The field of artificial intelligence has experienced incredible growth and progress over the past decade. Yet, today's AI systems, as remarkable as they are, will require new innovations to tackle increasingly difficult real-world problems to improve our work and lives," said Dr John Kelly III, IBM senior vice president, Cognitive Solutions and Research.

Artificial intelligence (AI) has been the domain of researchers for years. The largest commercial companies such as IBM and Microsoft, have the financial ability to build labs and hire AI talent. However, even these organizations need to expand their access to AI researchers. One way to increase AI talent is to develop labs and fund research with a major university. Last September, IBM announced a partnership with MIT.

Artificial intelligence (AI) has been the domain of researchers for years. The largest commercial companies such as IBM and Microsoft, have the financial ability to build labs and hire AI talent. However, even these organizations need to expand their access to AI researchers. One way to increase AI talent is to develop labs and fund research with a major university. Last September, IBM announced a partnership with MIT.

Artificial intelligence (AI) has been the domain of researchers for years. The largest commercial companies such as IBM and Microsoft, have the financial ability to build labs and hire AI talent. However, even these organizations need to expand their access to AI researchers. One way to increase AI talent is to develop labs and fund research with a major university. Last September, IBM announced a partnership with MIT.

Researchers from the Massachusetts Institute of Technology (MIT) have developed processors capable of providing encryption to low-power devices. Beauty retailer Sephora followed customer technology trends to command the cosmetic industry worldwide. The Internet of Things (IoT), including embedded industrial sensors, smart lighting, and monitoring systems, can be invaluable for the enterprise. These devices tend to have minimal power demands, can operate on Low-Power Wide-Area Networks (LPWAN), and have entered the enterprise, industrial scene, and consumer realm rapidly over the past few years. However, when there is little power to draw upon, security can sometimes be an issue as there are no resources or means to implement traditional security solutions.

In September 2017, IBM announced a ten-year partnership with MIT, based around a $10 million investment into artificial intelligence research. Scientists, professors, and students working in the field were encouraged to submit their ideas for new avenues of study. A.I. is rapidly becoming a major focus of modern technology, and its importance to our everyday lives will only increase over the next few years. IBM and MIT both want to be on the forefront of the latest developments – but this partnership goes far beyond the technology itself. The lab will consider the societal impact of A.I. alongside its efforts to push the technology forward.

The renowned Massachusetts Institute of Technology and the company IBM are setting up a joint laboratory for artificial intelligence: the MIT-IBM Watson AI Lab is to carry out basic research and develop concrete technologies with the help of physicists, economists, and computer developers. IBM will contribute 240 million dollars to the cooperation between the company and the university for the next ten years, reports VentureBeat. Both institutions will hire researchers for the new laboratory, which will jointly carry out research in four areas that have been identified as relevant for the future with AI. The research areas of MIT-IBM Watson AI Lab include, in practical application, the development of new AI algorithms and the use of physical research for new hardware in this area, especially in quantum computing. In more theoretical future studies, the application possibilities of AI in specific industrial areas as well as the possible effects of this technology on society are to be investigated.

Research will include both the software of AI, such as new algorithms and neural networks, and also the hardware, such as applying quantum computing to speeding up machine learning processes. The lab will be something of an incubator, too. In a statement, IBM says that it will encourage MIT profs and students to launch AI startups. The AI Lab is just a few blocks from the Broad Institute, a cancer research center run by MIT and Harvard, where IBM is funding AI and genomics research. IBM also collaborates with the university's Department of Brain and Cognitive Sciences to develop machine vision AI.

Two of the biggest three-letter acronyms in technology are teaming up, again. Today IBM and MIT announced a new joint project to research artificial intelligence, such as developing better algorithms and to foster AI startups. IBM is dropping $240 million, over 10 years, into the MIT–IBM Watson AI Lab. The lab, which IBM says opens "immediately," will eventually house more than 100 scientists, professors, and students. They will collaborate with staffers at IBM's Watson Health and Watson Security centers, also in Cambridge, Massachusetts.