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Kyndryl Launches AI Innovation Lab in Dallas, Texas

The Dallas facility joins Kyndryl's global AI lab network, which includes locations in the United Kingdom and Luxembourg.

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Kyndryl (KD) opened its first U.S. AI Innovation Lab in the Dallas-Fort Worth area to help customers modernize technology for AI. The company expects the investment to create up to 300 jobs over the next four years in AI, technology consulting and design engineering.

Customers will work with Kyndryl experts on workshops, prototypes and development plans. The facility will also house a team focused on motor vehicle agency solutions. Kyndryl is partnering with local organizations to expand access to AI and emerging technology skills.

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+3.91% vs previous close $11.70 last price 20.0x rel. volume Open Argus
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Market Reaction – KD

$11.33 – $11.75 Day Range
$2.55B Market Cap

On Oct 1, the day this news came out, the latest delayed price for KD is 3.91% above the previous close. The latest delayed price is $11.70. Relative volume is exceptionally heavy at 20.0x the average.

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Key Figures

Potential jobs: Up to 300 jobs Organizations modernizing for AI: 34% Organizations modernizing for cost reduction: 29%
Potential jobs
Up to 300 jobs
AI, technology consulting and design engineering over the next four years
Organizations modernizing for AI
34%
Kyndryl research; compared with 29% citing cost reduction
Organizations modernizing for cost reduction
29%
Kyndryl research; compared with 34% citing AI capabilities

Previous AI Reports

1 past event · Latest: Aug 06
Same Type 1 event
  1. Aug 06

    AI services launch

    24h Move
    +0.7%

    Introduced Agentic Modernization services built on the framework now used by Dallas lab.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

prompt engineering
1 terms
prompt engineering technical
"practical skills in areas such as prompt engineering and automation."
Prompt engineering is the practice of carefully crafting the words, examples and structure used to ask an AI system for information or tasks so its responses are accurate and useful. For investors, effective prompt engineering improves the reliability of automated research, earnings summaries, regulatory drafts and screening tools — like using a precise recipe so a complex dish turns out consistently — while poor prompts can produce misleading, incomplete or risky outputs.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Investment reinforces Kyndryl's commitment to advancing customer innovation and AI adoption across the United States

NEW YORK, Oct. 1, 2026 /PRNewswire/ -- Kyndryl (NYSE: KD), a leading provider of mission-critical enterprise technology services, today announced the opening of its first U.S. AI Innovation Lab in the Dallas-Fort Worth area. The investment is expected to create up to 300 highly skilled jobs in AI, technology consulting and design engineering over the next four years. The Lab also reinforces Kyndryl's long-term commitment to America's digital future and to advancing innovation, workforce development and customer engagement in the U.S.

Kyndryl logo

"The future of AI will be built through collaboration, and our AI Innovation Lab in Dallas brings customers together with Kyndryl experts to unlock the full value of AI while strengthening America's innovation ecosystem," said Jamie Rutledge, President, Kyndryl U.S. "Powered by the Kyndryl Agentic AI Framework and our deep consulting, engineering and infrastructure expertise, the Lab gives customers a hands-on environment to experiment, innovate and turn ideas into outcomes with greater speed and confidence."

The Kyndryl AI Innovation Lab in Dallas will focus on helping customers modernize their technology environments for AI. Kyndryl's latest modernization research found that 34% of organizations are modernizing to enable AI capabilities, making it a larger driver of modernization than cost reduction (29%). The research also found that AI is increasing demand across cloud, mainframe, network and edge environments, reinforcing that modernization is more than a legacy-retirement exercise – it is the foundation for enabling AI at scale.

The Lab will use a repeatable method that combines the company's Agentic AI Framework with Kyndryl Consult and AI services, infrastructure and engineering expertise, and Kyndryl Vital's design-led transformation practice. Through an immersive, four-phase approach — customer immersion, co-design, build and roadmap — customers will work alongside Kyndryl experts through workshops, rapid prototyping and engineering co-creation to solve business challenges where AI can deliver measurable impact. Together, they will validate ideas, design future workflows and rapidly advance from exploratory use cases to working prototypes in days, creating a clear path from prototype to production and helping customers deploy AI-enabled workflows across a customer's business at scale.

"Kyndryl is a pioneering company that could have chosen any market in the United States, and its decision to establish a major innovation hub in Frisco underscores the strength of our community and the reputation we've earned as one of the best places in the country for growth, innovation, and exceptional talent," said Mayor Mark Hill, City of Frisco. 

Beyond accelerating customers' AI adoption journeys, the Kyndryl AI Innovation Lab in Dallas will serve as a catalyst for workforce development, community engagement and public sector innovation across Texas, including:

  • Building an AI talent pipeline: Kyndryl is partnering with NPower, Dallas AI, Tech Titans and other local organizations to expand access to AI and emerging technology skills, creating new career pathways while strengthening the region's innovation ecosystem. As an inaugural supporter of NPower's AI training program, Kyndryl is helping equip learners with practical skills in areas such as prompt engineering and automation.
  • Advancing motor vehicle services: The AI Innovation Lab in Dallas will be home to a specialized team focused on Kyndryl's DMV solutions, supporting motor vehicle agencies across the United States. Kyndryl experts will develop reusable code and deployment best practices, apply AI to enhance solution development and testing, and give customers an environment to experience demonstrations of Kyndryl's DMV capabilities.

The Lab will also showcase Kyndryl's Cyber Defense Operations Center capability, a next-generation command hub that unifies network and security operations to provide real-time visibility, monitoring and collaborative analysis across complex IT environments. By combining AI-enabled insights, automation and Kyndryl's deep cybersecurity and network expertise, the integrated operating model helps customers accelerate incident response, strengthen resilience and improve overall IT performance.

Kyndryl experts at the AI Innovation Lab in Dallas will also help customers modernize and secure their IT operations and infrastructure to take advantage of the transformative opportunities enabled by Frontier AI models.

The Kyndryl AI Innovation Lab in Dallas joins the company's expanding global lab network – including locations in the United Kingdom and Luxembourg – where Kyndryl experts guide customers through immersive experiences designed to help turn their AI ambitions into reality.

Learn about the Kyndryl AI Innovation Labs.

About Kyndryl
Kyndryl (NYSE: KD) is a leading provider of mission-critical enterprise technology services offering advisory, implementation and managed service capabilities to thousands of customers in more than 60 countries. As the world's largest IT infrastructure services provider, the company designs, builds, manages and modernizes the complex information systems that the world depends on every day. For more information, visit www.kyndryl.com.

Kyndryl Press Contact
press@kyndryl.com

Forward-Looking Statements 
This press release contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements often contain words such as "aim," "anticipate," "believe," "could," "estimate," "expect," "forecast," "intend," "may," "objectives," "opportunity," "plan," "position," "predict," "project," "should," "seek," "target," "will," "would" and other similar words or expressions or the negative thereof or other variations thereon. All statements other than statements of historical fact, including without limitation statements concerning the Company's plans, objectives, goals, beliefs, business strategies, future events, business condition, results of operations, financial position, business outlook and business trends and other non-historical statements, are forward-looking statements. These statements do not guarantee future performance and speak only as of the date of this press release. Except as required by law, the Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Actual outcomes or results may differ materially from those suggested by forward-looking statements as a result of risks and uncertainties, including those described in the "Risk Factors" section of the Company's most recent Annual Report on Form 10-K, and may be further updated from time to time in the Company's subsequent filings with the Securities and Exchange Commission.

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SOURCE Kyndryl

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