IBM Launches watsonx AI Labs in NYC, Acquires Seek AI

IBM has launched watsonx AI Labs, a new innovation hub in New York City, designed to accelerate AI adoption and support developers, startups, and enterprises. Located at One Madison, the lab aims to foster collaboration between IBM engineers and external innovators, helping businesses unlock real-world AI value.

Ritika Gunnar, General Manager, Data & AI, IBM, said, "This isn't your typical corporate lab. watsonx AI Labs is where the best AI developers gain access to world-class engineers and resources and build new businesses and applications that will reshape AI for the enterprise. By anchoring this mission in New York City, we are investing in a diverse, world‑class talent pool and a vibrant community whose innovations have long shaped the tech landscape."

IBM is also acquiring Seek AI, a New York-based startup specializing in AI agents for enterprise data, which will serve as a foundational part of the lab. The initiative taps into NYC’s thriving AI ecosystem, which has seen over $27 billion in funding since 2019.

This move strengthens IBM’s position in enterprise AI, focusing on domain-specific AI solutions for industries like finance, healthcare, and cybersecurity.

IBM's acquisition of Seek Al is a strategic move to strengthen its enterprise Al capabilities, particularly in natural language data analysis. Seek Al specializes in converting natural language queries into database searches, making complex data more accessible for businesses in regulated industries like finance, healthcare, and government.

By integrating Seek Al into watsonx Al Labs, IBM is doubling down on its mission to scale Al adoption and provide businesses with explainable, compliant Al solutions 1. The acquisition also aligns with IBM's broader push to expand its Al ecosystem, fostering collaboration between startups, researchers, and enterprise clients.

Additionally, IBM is leveraging New York City’s AI talent pool to drive innovation, positioning itself as a key player in enterprise AI development. This move could accelerate AI adoption across industries while reinforcing IBM’s leadership in AI-driven business intelligence.