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IBM, Massachusetts Institute of Technology Launch New Research Lab Focused on AI, Quantum Computing

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International Business Machines (IBM) and the Massachusetts Institute of Technology have launched the MIT-IBM Computing Research Lab in Cambridge, Massachusetts, adding quantum computing as an area of focus, they said Wednesday.

The new lab will serve as a focal point for joint research between IBM and MIT centering on artificial intelligence, algorithms, and quantum computing, as well as the integration of these technologies into hybrid computing systems, according to a statement.

Financial details of the facility were not provided.

Price: $230.44, Change: $-2.60, Percent Change: -1.12%

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