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.

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