Times Union: "One of the biggest drivers of corporate R&D spending in the Capital Region is of course SUNY Poly..."
One of the biggest drivers of corporate R&D spending in the Capital Region is of course SUNY Poly, which by itself is a major center for both corporate research spending and state and federal research spending.
Among the research grants that SUNY Poly has recently received is a $6.25 million grant from the Naval Research Laboratory. The grant was awarded to SUNY Poly professor Ji Ung Lee for artificial intelligence hardware development. IBM recently established an AI research center at SUNY Poly that is planning to spend $2 billion over five years.
Applied Materials, which makes equipment used in chip manufacturing, is also creating a new research center at SUNY Poly that will add to the R&D spending totals in the Capital Region over the years.