Michael and Susan Dell have donated a total of $1 billion to the University of Texas at Austin.
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Dell Inc. founder and University of Texas at Austin alum Michael Dell and his wife, Susan, gifted $750 million to the university to create a Dell Campus for Advanced Research and Dell Medical Center, university officials announced Tuesday. This gift brings the Dells’ total contributions to the public research university to $1 billion.
“UT Austin, where Dell Technologies was founded from a dorm room, has always been a place where bold ideas become real-world impact. What makes this moment so meaningful is the opportunity to build something that brings every part of the journey together—from how students learn, to how discoveries are made, to how care reaches families,” the Dells said in a statement.
The new money will also fund “undergraduate student scholarships, student housing and UT’s Texas Advanced Computing Center, one of the nation’s leading supercomputing research centers,” according to the news release. It also seeds part of the university’s new goal to raise $10 billion over 10 years in order to bolster its medical program and “rank in the top 10 for medical centers nationally within a decade.”
University officials plan to break ground on the medical center later this year and open it by 2030.
The Dells joined state and university officials at a press conference Tuesday to announce the gift.
“This will transform how we care for patients, how we train the next generation of physicians and how we accelerate life science innovation to improve lives at scale,” said Claudia Lucchinetti, dean of the Dell Medical School, according to KUT.
