MIT is spending $1 billion to open a college in 2019 just for AI

MIT will create a new college with courses combining AI, machine learning, and data science with other academic disciplines. With $1 billion in funding, this will be the largest financial investment in AI by any US academic institution. The new college will have 50 new faculty positions and numerous fellowships for graduate students. The school will open next September, starting initially in other buildings until around 2022, when the new college is slated to get its own space. Rafael Reif,...

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