IBM and MIT team up to launch an AI lab set to make Watson even smarter

The days when IBM was known best for its PCs and computer components are long gone. The company is now a leading force in the rise of AI, yet what most don’t realise is the firm has been engaged in machine learning since the 1950s. Thanks to years of research in this field, Big Blue has been able to carve a name for itself as one of the leaders in the development of artificial intelligence (AI), leading to the more recent success of its Watson AI-powered supercomputer.

And it isn’t stopping there. In its latest efforts, the tech giant has announced it will spend $240 million to build a Watson-branded artificial intelligence research lab in a bid to boost the how smart the machine is