IBM and MIT have been considered leaders in the Artificial Intelligence field and now both have decided for teaming up. On Thursday morning, IBM has announced that the company has signed an agreement for a 10-year research partnership with the university worth about a quarter of a billion U.S dollars. At least 100 researchers from both organizations will avail this investment in collaboration for advancement in 4 key focus areas within the Artificial Intelligence field. These focus areas include deep-learning algorithms and it can help neural networks move from single-use applications to more generalized performance. It will also improve their transparency and enable them to explain how they reached the answer they did. The partnership of IBM-MIT will also study the intersection between machine learning and quantum computing.
It is important that this focal area will aid both fields and it would help AI to identify and characterize quantum devices. It would optimize machine learning methodologies with the help of quantum computers. The MIT lab will also collaborate with the IBM Watson Health & Security office in nearby Cambridge, Massachusetts, in order to develop further applications in the existing AI healthcare and cyber-security fields. But those shouldn’t be considered the only commercial fields being investigated. IBM press release indicated that the researchers will also look into the economic implications of Artificial Intelligence and investigate how it can improve prosperity. It shouldn’t be considered the first time that these organizations have worked together. Last year, MIT Department of Brain & Cognitive Sciences and IBM started began orchestrating a machine vision study.