https://en.wikipedia.org/wiki/List_of_top_United_States_pate...
Also note that not all patents come from their Research division; anyone can file for one.
> Each year, IBM invests an average of US$6 billion
> globally into research and development. The new R&D
> laboratory is the first lab of its kind to focus on
> research and development. It is located on campus at
> the University of Melbourne and will employ 150
> researchers within the next five years.
Why here? It may be the case that Australia's R&D tax incentive plays part of this [2]. Or perhaps it could be that Australia produces a decent crop of well-educated researchers, while much of the economy is based around extracting natural resources and selling them, so there isn't too much competition for employees. [3][1] http://www.austrade.gov.au/invest/doing-business-in-australi...
[2] https://www.ato.gov.au/Business/Research-and-development-tax...
[3] i may be completely wrong about this.
Furthermore, you might be misled by their PR storm. In fact this chip doesn't implement learning at all. The learning is the important part! This chip is merely an accelerator for running pre-trained neural networks, and because of the spiking architecture those neural networks are doomed to perform poorly.
I think we'll see good things coming out of it in the future. Certainly seems like I've heard more interesting news items from it than in the past years:
Just in the last month or remember a few cool IBM news item -- Linux only mainframe, switching to using Apple Macbooks internally (they are buying something like 200K units, it used to be a Thinkpad+Windows country only), acquired some cool cloud companies, maybe another one I forgot.