The Boston Globe: State looks to spend $100 million on race to smarter AI
Excerpt from The Boston Globe | By: Aaron Pressman | December 19, 2024 | Photo: Pat Greenhouse
Massachusetts officials on Thursday started putting $100 million of economic development funds to work backing artificial intelligence projects.
Governor Maura Healey, in an appearance at the Museum of Science, said the state will establish an “AI Hub” at the existing quasi-public agency the Massachusetts Technology Collaborative, headquartered in Boston, to oversee the effort. The $100 million was set aside in the $4 billion economic development bill approved by the Legislature last month.
“Through the AI Hub, we will set the standard for AI development by supporting trailblazing research, attracting and retaining unparalleled AI talent, and transforming our state into the global leader in applied AI innovation, solving the greatest challenges facing our society today,” Healey said in a statement.