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Inside Higher Ed
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Scott Jaschik of Inside Higher Ed reports that MIT has announced a $1 billion plan to create a college of computing. The college, which will be named for Stephen Schwarzman, will also “promote teaching and research on computing and artificial intelligence.”

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MIT will reshape itself to shape the future, investing $1 billion to address the rapid evolution of computing and AI — and its global effects. At the heart of this effort: a $350 million gift to found the MIT Stephen A. Schwarzman College of Computing.

MIT reshapes itself to shape the future

Gift of $350 million establishes the MIT Stephen A. Schwarzman College of Computing, an unprecedented, $1 billion commitment to world-changing breakthroughs and their ethical application.