IBM is partnering with SUNY Polytechnic Institute to create the AI Hardware Center in Marcy, N.Y. The project is one component of IBM's $30 million investment in the State University of New York system to support artificial intelligence-focused computer chip research, development, prototyping, testing, and simulation. SUNY will provide up to $25 million in matching funds for a combined total of $55 million. Empire State Development will issue a $300 million capital grant over five years to the Research Foundation for SUNY to purchase, own, and install tools necessary to support the AI Hardware Center. IBM also plans to expand and extend its partnership with SUNY Poly for the Center for Semiconductor Research (CSR), which is set to expire at the end of 2021, through at least 2023 and potentially until 2028. IBM has committed to invest a total of $2 billion in the state of New York to support the region's emergence as a global nexus for technology innovation.
