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MIT Is Opening a $1 Billion AI College

The Massachusetts Institute of Technology (MIT) has taken the first step in shaping the future education system. The institution announced that it will build an AI college with an investment of $ 1 billion to support artificial intelligence technology.

AI college, which will be named as “The MIT Schwarzman College of Computing” and located in a new building on the MIT campus, will be an interdisciplinary center for computer science, artificial intelligence, data science and related fields. In other words, the new chapter will focus not only on artificial intelligence technology but also on how to apply machine learning to areas such as biology, chemistry, physics, politics, history and linguistics.

MIT also aims to research “ethical considerations relevant to computing and AI.” It will bring a holistic approach by addressing the historical, cultural and moral aspects of artificial intelligence initiatives.

The MIT Schwarzman College of Computing will help students and researchers to think critically about the human impact of their work, as well as the use of computer science and artificial intelligence for their own disciplines.

Most of the $ 1 billion investment needed to open the faculty has been obtained. $ 350 million of this amount was provided by Stephen A. Schwarzman, CEO of private equity firm Blackstone.

The new building of the department, which will be opened in September 2019, is expected to be completed in 2022. Along with the new faculty, 50 new faculty positions will be opened in other faculties within MIT that will focus on artificial intelligence.

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