MIT Is Making a Record Investment in AI With Its New $1 Billion College

Blackstone CEO Stephen Schwarzman pledged $350 million to the project

The college is slated to open next fall and get its own space in 2022. Getty Images

One of the leading institutions in artificial intelligence research is spending big on a new hub for its study.

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@patrickkulp Patrick Kulp is an emerging tech reporter at Adweek.