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3w ago

IBM Launches watsonx AI Labs in Manhattan with Seek AI Acquisition to Advance Enterprise AI

Uniting IBM engineers with local startups in a Manhattan hub that co-develops domain-specific generative AI tools, the facility also directs successful projects into a dedicated $500 million enterprise AI fund.

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Overview

  • IBM has inaugurated watsonx AI Labs at its One Madison offices in Manhattan as a collaborative space for clients, startups and researchers.
  • The company acquired New York–based Seek AI to embed its natural-language enterprise data agents into watsonx’s generative AI platform.
  • Watsonx AI Labs will co-create solutions focused on customer service, supply-chain optimization, cybersecurity and responsible AI governance.
  • Participating startups gain access to IBM technical experts, mentorship and potential investment from IBM Ventures’s $500 million Enterprise AI Venture Fund.
  • The initiative underscores New York City’s emergence as a major AI hub with over 2,000 startups and strong ties to local universities and research institutions.