MIT reshapes itself to shape the future
Gift of $350 million establishes the MIT Schwarzman College of Computing, an unprecedented commitment to world-changing breakthroughs and their ethical application
“I see exciting possibilities in this new structure. Faculty in a range of departments have a great deal to gain from new kinds of algorithmic tools — and a great deal of insight to offer their makers. Faculty in every school at MIT will be able to shape the work of the College.”
— Melissa Nobles, Kenan Sahin Dean, MIT School of Humanities, Arts, and Social Sciences
MIT today announced a new $1 billion commitment to address the global opportunities and challenges presented by the prevalence of computing and the rise of artificial intelligence (AI). The initiative marks the single largest investment in computing and AI by an American academic institution, and will help position the United States to lead the world in preparing for the rapid evolution of computing and AI.
At the heart of this endeavor will be the new MIT Stephen A. Schwarzman College of Computing, made possible by a $350 million foundational gift from Mr. Schwarzman, the chairman, CEO and co-founder of Blackstone, a leading global asset manager.
Headquartered in a signature new building on MIT’s campus, the new MIT Schwarzman College of Computing will be an interdisciplinary hub for work in computer science, AI, data science, and related fields. The College will:
- reorient MIT to bring the power of computing and AI to all fields of study at MIT, allowing the future of computing and AI to be shaped by insights from all other disciplines;
- create 50 new faculty positions that will be located both within the College and jointly with other departments across MIT — nearly doubling MIT’s academic capability in computing and AI;
- give MIT’s five schools a shared structure for collaborative education, research, and innovation in computing and AI;
- educate students in every discipline to responsibly use and develop AI and computing technologies to help make a better world; and
- transform education and research in public policy and ethical considerations relevant to computing and AI.