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So, my first question for you is what made Carnegie Mellon the place that you wanted to make the largest investment in higher education? Why CMU? I'm so thrilled to be making this $3 billion investment in Carnegie Mellon University. Carnegie Mellon University is one of the greatest institutions of higher education in the world.
It leads America in computer science, artificial intelligence, cyber security, has a world-renowned program in robotics. Carnegie Mellon represents excellence in higher education, and it is a privilege and an honor to support the leadership team, the faculty and the students here at Carnegie Mellon.
Now, 2/3 of the gift will go to Miami, but one will stay here in Pittsburgh. What do you want Pittsburghers to know about the investment you're making in not only future students here, but also just the local economy here in Pittsburgh? A meaningful portion of the gift will be funded this week, and will come right here to Pittsburgh to be put to work at the mission here at CMU.
And CMU, of course, has a wonderful array of uses for this money, from strengthening the programs in computer science and robotics, attracting world-class faculties, helping to broaden access to the university by making the university more affordable for families that that would otherwise struggle to pay the high cost of university education.
Carnegie Mellon in Pittsburgh is, as you well know, is an important part of the future of this city. All great American cities are anchored by great universities. And if you look at Pittsburgh and the 100 different robotic startups in the area, for example, that's Carnegie Mellon alumni. That's the students and the past students of CMU calling Pittsburgh home and really building the businesses of tomorrow, the companies that will help the reindustrialization of America take place.
So, I'm really excited about the work that happens here at Pittsburgh. And again, it's such a privilege to support the leadership team here, their vision and their ability to execute to make these things happen. President Jahanian, what does this gift make possible for CMU tomorrow that wasn't possible yesterday?
You know, CMU during its entire history, as your audience knows, CMU was founded by Andrew Carnegie to educate sons and daughters of working class. And during our entire history, whenever there are massive technological changes, societal changes, CMU makes big bold bets. And this is one of the bets we're making about the future of higher ed, about what we need to do as advances in technology are transforming every sector of our economy, as AI is accelerating scientific discovery.
It's having implications for national security and our economic prosperity. The question for us is how do we prepare the next generation? How are we preparing to essentially to shape the future? And as part of this gift, we are this investment, I should say, in Pittsburgh and beyond, we're re-envisioning the future of higher ed.
We're re-envisioning how we in fact serve our core mission, which is educating the next generation and creating knowledge to benefit society, including the kind of economic impact that Ken talked about. As you can imagine, Ken has learned has learned a lot over the years about Carnegie Mellon and Pittsburgh.
And this is the his his uh love for this country and his love for essentially for the future of higher ed has led us to this moment. And you're really turning it on its head. Who came up with the idea? Let's not have a traditional school and let's take these issues that we are facing and try to challenge our students to figure out how to tackle them.
Who Who takes credit? You know, in in all the years of building Citadel, I have always looked for extraordinary leaders, people that think outside the box. And you and your team have done just that. I think it's really important that you talk about one of the key concepts you that you have and how we may transform higher education.
I got to tell you that over the past 2 years, we've been envisioning this future of higher ed and this model. So, instead of thinking about it in terms of traditional departments, colleges, and majors, we're looking at it as these grand challenge areas. For example, human health, national security and cybersecurity, energy and climate resiliency, industrial uh it renovation of the industrial base as well as advanced manufacturing.
To do this, you bring individuals with their disciplinary background into an interdisciplinary environment to tackle these problems. So, not only we're going to approach research that way, but we're also going to approach education that way. How learning takes place in an interdisciplinary setting, which as you know is so core to CMU.
Right, for sure. And And I It's interesting that it's not classified as a satellite campus. It's its own separate campus. How do you ensure that resources aren't pulled from Pittsburgh? And And how do you even begin to to find the best to bring down to Miami without impacting the long-established Carnegie Mellon here in Pittsburgh?
I'll take this one. Uh the truth is that we want to have a totally integrated university. We don't want to create walls and boundaries. In fact, what Miami gives us is an opportunity to do what we've done in Pittsburgh, which is not only contribute the economic vibrancy of Pittsburgh. You know, Pittsburgh built the industrial America.
And over the past three or four decades the renaissance of Pittsburgh to become this major hub for technology, for innovation, for life sciences, for health care has been to a large extent because of the universities we have in our region, including Carnegie Mellon, University of Pittsburgh, and others.
So, that contribution to our city and to our to our region does not change. However, by expanding our footprint we're going to expand our impact. And my hope and goal is that we will have a totally integrated campus where students and faculty can flow back and forth and in fact link the two campuses even more intentionally.
When people are tired of the snow up here, just go down to Florida. Many others have commented on that, by the way. And there's some pretty hot summers in Miami, so there might be a reason to be here in the summertime. I think I think success begets success. And I hope that and I know that this investment has has helped to further elevate the success story that has been written here at CMU.
And that that success story being more broadly appreciated will unquestionably bring more resources to Pittsburgh. This investment is predicated on the joint success of Pittsburgh and Miami. And again, with the right leadership team, the right faculty, and the ambition to act with urgency I have no doubt that this investment will mean great things for the city of Pittsburgh and the city of Miami.
In fact, your uh first billion dollar that comes to Carnegie Mellon on day one is to support the Pittsburgh campus. And to support not only our priorities and mission, but also to name our number one computer science school, Kenneth C. Griffin School of Computer Science. It's a lot of pressure. Oh, it's it's the pressure comes off my back because it's on his.
I like that. And anything in that Pittsburgh and Miami have in have in common? Look, there's there's two points that I would make on that front. Number one is I spent 30 years of my life in Chicago. I have such an appreciation for the work ethic of the Midwest. The people here in Pittsburgh so committed to their city, so committed to their families, and they have that same strong sense of independence and commitment and determination that is the fabric of a great city.
Miami shares much of that DNA for another reason. It's a city of people who came to America looking for a brighter future. Think about, for example, the the large Cuban immigrant population of Miami. Committed to their families, committed to education, and who yearn for their children to live the American dream.
Carnegie Mellon makes the American dream happen for people. And I am so thrilled to see in both cities people who are so focused on how do they ensure for their children that on-ramp to the American dream.
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