IBM is rolling out a $3bn AI research lab for the healthcare industry.
The lab will help develop algorithms and algorithms that can help healthcare companies manage complex data, according to a report from the WSJ.
The firm says it will spend $3 billion over the next two years to “transform healthcare data for real-time analytics”.
IBM has previously been investing in AI, with a $1bn research project in 2015 and $1.3bn in 2018.
IBD’s Watson research and development arm is also helping IBM build artificial intelligence (AI) systems to help with patient care.
The AI lab will be the second AI lab in the US, after the University of California at Berkeley’s artificial intelligence lab, according a TechRadars report.
The US is home to some of the most advanced AI labs in the world.
IBM has also said that its Watson AI lab is working with healthcare providers to help automate the process of creating patient care records, and is working on making Watson AI systems capable of learning from other humans.