In 2021, the Brookings Institute identified the Capital Region as one of 87 potential artificial intelligence adoption centers. The region stood out nationally for its AI-related federal contracts and R&D conducted by GE Research in Niskayuna, Kitware in Halfmoon, and Rensselaer Polytechnic Institute in Troy.
Highlights: Home to IBM Artificial Intelligence Hardware Center and one of the most powerful supercomputers on a private university- campus
Sample Companies: IBM Research, GE Research
R&D to Commercialization
Driving cutting-edge research in several fields, including semiconductor devices, wind energy, pharmaceuticals, artificial intelligence, quantum computing, and chemicals. With one of the nation’s highest concentrations of jobs in the physical, engineering, and life sciences R&D services industry, the cluster attracts more than $1 billion in private research spending annually. Leveraging assets and talent at the Albany Nanotech Complex, Rensselaer Polytechnic Institute, and the University at Albany’s ETEC Building and Health Sciences Campus, companies are continuing the Capital Region’s tradition of innovation that began with the General Electric Research Laboratory in Schenectady – the nation’s first industrial research facility in 1900.
Sample Companies: IBM, GlobalFoundries, Applied Materials, Tokyo Electron, GE Research, SI Group, Curia, and Regeneron Pharmaceuticals