Michael Dell and Susan Dell have committed $750 million to The University of Texas at Austin to fund a new AI-powered medical center and research campus, one of the largest philanthropic gifts in higher education and healthcare.
The investment will anchor a new 300-plus-acre medical and research campus in Austin, with the flagship hospital designed as an “AI-native” facility that integrates artificial intelligence across all aspects of care, from diagnostics to clinical workflows. The hospital is expected to open around 2030 and represents a major step in transforming healthcare delivery through technology.
The initiative aims to position UT Austin as a leading hub for medical research and innovation, while also expanding healthcare access in one of the fastest-growing regions in the United States. The project will collaborate with leading institutions such as MD Anderson Cancer Center to provide specialized care and advance treatment capabilities.
The Dells’ latest contribution brings their total giving to the University of Texas system to more than $1 billion, reflecting a long-standing commitment to education, healthcare, and research in Central Texas. Their prior investments have supported the creation of Dell Medical School, scholarships, and advanced computing initiatives.
University leaders say the new campus will serve as a catalyst for innovation, economic growth, and job creation, reinforcing Austin’s emergence as a center for technology and healthcare development. The broader initiative also aligns with UT Austin’s long-term fundraising goal of raising $10 billion to expand its academic and research capabilities.
The donation comes at a time when private philanthropy is playing an increasingly significant role in higher education funding, particularly for large-scale, research-driven projects that require substantial capital investment.