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President L. Rafael Reif

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Associated Press

IBM is joining forces with MIT to establish a new lab dedicated to fundamental AI research, reports the AP. The new lab will focus on, “advancing the hardware, software and algorithms used for artificial intelligence. It also will tackle some of the economic and ethical implications of intelligent machines and look at its commercial application.”

Bloomberg

IBM has invested $240 million to develop a new AI research lab with MIT, reports Jing Cao for Bloomberg News. “The MIT-IBM Watson AI Lab will fund projects in four broad areas, including creating better hardware to handle complex computations and figuring out applications of AI in specific industries,” Cao explains. 

CNBC

CNBC reporter Jordan Novet writes that MIT and IBM have established a new lab to pursue fundamental AI research. Novet notes that MIT, “was home to one of the first AI labs and continues to be well regarded as a place to do work in the sector.”

Boston Globe

Boston Globe reporter Andy Rosen writes that MIT and IBM have established a new AI research lab.  “It’s amazing that we have a company that’s also interested in the fundamental research,” explains Anantha Chandrakasan, dean of the School of Engineering. “That’s very basic research that may not be in a product next year, but provides very important insights.”

Fortune- CNN

Writing for Fortune, Barb Darrow highlights how IBM has committed $240 million to establish a new joint AI lab with MIT. Darrow explains that, “the resulting MIT–IBM Watson AI Lab will focus on a handful of key AI areas including the development of new 'deep learning' algorithms.”

The Boston Globe

Writing for The Boston Globe, President L. Rafael Reif expresses support for the Deferred Action for Childhood Arrivals program. “As the president of one of America’s leading technical universities — an institution built on intellectual excellence, a meritocratic openness to talent, and a long tradition of national service — I believe repealing DACA would be a mistake.”  

Bloomberg TV

President L. Rafael Reif speaks with Bloomberg TV about Greater Boston’s world-renowned leadership in education for a segment aired during the Boston Pops Fireworks Spectacular. “I say to everybody, you can live anywhere you want, but when you’re young spend four years in the Greater Boston area,” says Reif. “It’s going to change your life.”

Epoch Times

In an article for The Epoch Times, Emel Akpan highlights how The Engine is focused on supporting startups in fields that require time and patient capital. “We have a focus on tough tech,” explains Katie Rae, CEO and president of The Engine. “We think that’s where the resources are limited. But the opportunities can have a lot of impact.”

CNBC

CNBC reporter Anita Balakrishnan writes about MIT’s 2017 Commencement. During his address, Apple CEO Tim Cook noted that at MIT and Apple, people “love hard problems, we love to search for new ideas, and we especially love finding these ideas — the ones that change the world.”

Associated Press

MIT’s 2017 Commencement exercises featured an address by Apple CEO Tim Cook, who urged graduates to use their skills to help people around the world, reports the AP. “Measure impact in humanity; not in the likes, but the lives you touch and the people you serve,” said Cook. 

Reuters

Reuters reporter Ross Kerber writes about MIT’s 2017 Commencement exercises, which featured an address by Apple CEO Tim Cook. Cook urged graduates to infuse technology with human values, explaining that he is concerned “about people thinking like computers, without values or compassion, without concern for consequence.” 

Yahoo News

In his address at MIT’s 2017 Commencement exercises, Apple CEO Tim Cook urged MIT graduates to pursue work in service of humanity, reports Erin Fuchs for Yahoo Finance. “When you keep people at the center of what you do it can have an enormous impact,” he said.

Boston Globe

Writing for The Boston Globe, Sara Salinas highlights how in his MIT Commencement address, Apple CEO Tim Cook urged graduates to make the world a better place. “If you strive to create the best, give the best, do the best for everyone, not just for some, then today all of humanity has good cause for hope,” said Cook. 

Inside Higher Ed

Scott Jaschik of Inside Higher Ed writes that MIT has received an unrestricted gift of $140 million from an anonymous alumnus. 

NECN

Reporting for NECN, Sarah Betancourt highlights how MIT has received a $140 million donation in unrestricted funds from an anonymous alumnus. Betancourt notes that this type of “flexible funding provides resources such as laboratories, staff support, and equipment to foster the work of MIT's faculty and students. Unrestricted financial support also goes to financial aid for students.”