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Assets
MIT, founded in 1861, is a private research university.
The mission of the institute is to create knowledge, train students in the fields of science, technology and other fields in the name of national and world interests.
The Institute has a faculty of over 1000 people. It has 10,000 undergraduate and graduate students.
History
2023: Receiving $1.7 billion from the US government
2018: Creation of a $1 billion AI college
In October 2018, the Massachusetts Institute of Technology (MIT) announced the creation of a new college that will specialize in artificial intelligence. Investments in the project will amount to $1 billion. Read more here.
Notes
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