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Ken Griffin pledges $3 billion to Carnegie Mellon in Miami tech push
Original: Billionaire Ken Griffin just made a $3 billion technology bet with Carnegie Mellon, and the payoff could turn Miami into Silicon Valley
Billionaire hedge fund founder Ken Griffin has committed $3 billion to Carnegie Mellon University in what is being described as a major technology bet. The partnership is expected to fund computing and AI programs, with backers suggesting it could help establish Miami as a leading technology hub rivaling Silicon Valley.
Why now: The unusually large philanthropic gift and its potential to reshape Miami's tech economy are drawing wide attention.
Ken GriffinCarnegie Mellon UniversityMiami
Evidence
- Billionaire Ken Griffin just made a $3 billion technology bet with Carnegie Mellon, and the payoff could turn Miami into Silicon Valley · Yahoo Finance
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