MIT announces new college of computing with $1 billion commitment

MIT announced today that it is massively doubling down on the future of computer science with the launch of a new college of computing. The university is committing $1 billion in resources to the new school, and the university received a $350 million donation from Stephen A. Schwarzman, who will be the naming donor. MIT said that its commitment is the largest of a university yet to the discipline. The university is already one of the leaders in computer science, with a famed department located in the School of Engineering. The new initiative will see computer science, artificial intelligence, and data science placed in the new school, complete with a new dean and around 50 new faculty positions according to the university.