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MIT To Invest $1B In New Artificial Intelligence College

It might not be the Jetsons future you (or your parents) imagined it would be with robots and hover cars everywhere, but the robots and artificial intelligence are here. Now, MIT plans to add a $1 billion college centered around the study of it. The school has already raised some $650 million to that end. The MIT Corporation and its executive committee approved the establishment of a new college, the president of the college, L. Rafael Reif, said in an email to the community this week. The MIT Schwarzman College of Computing will be the biggest change to MIT since the early 1950s, according to the president.