Empire State Development (ESD) and the State University of New York (SUNY) today announced the New York Center for Research, Economic Advancement, Technology, Engineering and Science, or NY CREATES, held its first board meeting and is formally leading operations of Fuller Road (FRMC) and Fort Schuyler (FSMC) Management Corporations.
Dr. Douglas A. Grose is appointed to organize NY CREATES
Dr. Grose, one of the most recognized executives in the semiconductor industry, assumes the leadership role for Albany Nanotech and the associated technology facilities and locations. His goal is to forge an organization which focuses on technology development with an emphasis on business. NY CREATES will manage technology development programs at the Albany Nanotech facility, Rochester TAP facility, and other advanced research facilities across New York State.
Governor Andrew M. Cuomo announces that IBM plans to invest over $2 billion to grow its high-tech footprint at the Albany campus and throughout New York State.
Governor Andrew Cuomo announces a $2 billion investment by NYS and IBM to grow the company’s high-tech footprint at NY CREATES and throughout New York State. New York State invests $300 million over five years to support the the establishment of an “AI Hardware Center” for artificial intelligence-focused computer chip research, development, prototyping, testing and simulation.
Governor Andrew Cuomo and Applied Materials announce the META Center
The META Center is a $850 million new R&D institute at NY CREATES in Albany. New York State will invest $250 million to leverage a $600 million, seven-year commitment from Applied Materials to fund materials engineering R&D, prototyping and pilot projects in fields like virtual intelligence, augmented and virtual reality, semiconductors and advanced optics. (Image courtesy Applied Materials)
NYS leaders and Tokyo Electron announce another $250 million investment
NYS leaders and Tokyo Electron announce another $250 million investment to support a seven year reauthorization of the TEL Technology Center America. This investment followed NYS investing $87 million in a grant grant to TEL to help it upgrade its clean room facilities at the Albany site of NY CREATES to develop chip manufacturing for sub-7 nanometer chip architecture.