CUNY Receives $75 Million Gift for AI Consortium Participation, Largest Donation in Its History
• The Simons Foundation providing $75 million gift to CUNY, the largest in its history • Gift will fund CUNY's contribution to New York's statewide AI consortium, Empire A.I. • Empire A.I. is Gov. Hochul's proposed public-private AI partnership fueled by $275M in state funds • Hochul outlined plans requiring partners to contribute $25M each to consortium • CUNY's $75M gift will serve as its share of funds needed for Empire A.I. participation