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AI & Academia

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Thursday, 1 October 2026

Ken Griffin’s $3 billion gift exemplifies Florida’s new mindset: from attracting innovation to creating it

Fortune 46

Ken Griffin announced a $3 billion gift to Carnegie Mellon University to create a new CMU Miami campus in Wynwood. $2 billion will fund the Miami campus, with plans to enroll its first students in 2028. Florida says the funding shifts competition from attracting companies to generating innovation by building research labs and venture partnerships tied to industry priorities, supported by the university’s AI foundations.

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