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Fortune
Fortune
Sydney Lake

Billionaire Michael Dell started his company in his University of Texas dorm room. Now, he’s betting on AI with a $750 million gift

(Credit: Emma McIntyre—Getty Images)

Michael Dell is having one of his biggest philanthropic years yet, having announced a major gift to his alma mater on the heels of a $6.25 billion pledge to seed “Trump Accounts.”

The Dell Technologies founder and his wife, Susan Dell, announced Tuesday a $750 million gift to the University of Texas at Austin to fund a new medical center and research campus built around AI from the ground up. This marks one of the largest donations ever given to a public university in the U.S., and it also pushes the Dells’ UT Austin donations to more than $1 billion.

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