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<p>Read the Original Article <a href="https://www.coinlive.com/news-detail/183192" rel="noopener noreferrer nofollow">here</a>.</p><p>New York State is reaffirming its dedication to the field of artificial intelligence (AI) research with an investment of $20 million.</p><p>This funding will be split between the University at Albany (UAlbany) and the State University of New York (SUNY), signifying a pivotal move towards establishing New York as a leading force in AI innovation and education.</p><h2 id="header-0">UAlbany&#39;s IBM Partnership</h2><p>A significant portion of this investment is earmarked for the University at Albany, which has formed a partnership with IBM. This collaboration will give rise to the Center for Emerging Artificial Intelligence Systems, a dedicated hub for advancing AI research, technology, and the cultivation of a skilled workforce.</p><h2 id="header-1">UAlbany&#39;s Commitment to AI Innovation</h2><p>UAlbany&#39;s commitment to AI innovation is part of a broader initiative, with a total planned investment of $200 million. Last month, University at Albany President Havidán Rodriguez introduced this ambitious plan, and its impact is already becoming evident. With a prior investment of $75 million from the state, UAlbany has made substantial progress in fortifying its AI capabilities.</p><p>The university has recruited 27 faculty members who specialise in AI, including an AI institute director, in preparation for the launch of the new center.</p><p>The remaining portion of the $20 million investment is designated for the State University of New York (SUNY), where a comprehensive &#34;AI research group&#34; will be established.</p><p>This 60-member team will engage in multidisciplinary research, focusing on AI&#39;s application across various domains, policy formulation, and educational initiatives.</p><h2 id="header-2">Shaping New York&#39;s Future through AI</h2><p>Governor Hochul&#39;s vision for AI is ambitious and forward-looking. She emphasises the need to integrate AI into the educational landscape. By investing in AI research and education, New York aims to prepare its workforce for the AI-driven future and establish itself as a hub for AI innovation and technology.</p><blockquote>We can incubate and foster a brilliant future for New York.</blockquote><p>Governor Kathy Hochul&#39;s vision is clear: New York aims to lead the AI revolution, not just follow it. By supporting academic institutions and nurturing AI talent, the state is on a path to become a global hub for innovation.</p><p>But can this substantial investment in AI propel New York to attract businesses, researchers, and students from around the world, all while ensuring it remains at the forefront in a world being reshaped by AI?</p>

New York Strengthens Commitment to AI Research with $20 Million Investment

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