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Michael and Susan Dell fund 'AI-native' medical center with $750 million gift to University of Texas
NEW YORK (AP) -- Billionaires Michael and Susan Dell are fueling the University of Texas at Austin's medical research ambitions with a $750 million gift that promises to improve patient care through artificial intelligence and increase health care options for the booming state capital. The UT Dell
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Billionaire Michael Dell started his company in his University of Texas dorm room. Now, he's betting on AI with a $750 million gift | Fortune
Michael Dell is having one of his biggest philanthropic years yet, having announced a major gift to his alma mater on the heels of a $6.25 billion pledge to seed "Trump Accounts." The Dell Technologies founder and his wife, Susan Dell, announced Tuesday a $750 million gift to the University of
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Michael and Susan Dell Fund 'AI-Native' Medical Center With $750 Million Gift to University of Texas
NEW YORK (AP) -- Billionaires Michael and Susan Dell are fueling the University of Texas at Austin's medical research ambitions with a $750 million gift that promises to improve patient care through artificial intelligence and increase health care options for the booming state capital. The UT Dell
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Dell Technologies founder Michael Dell and his wife Susan are donating $750 million to the University of Texas at Austin to build the country's first AI-native hospital. The UT Dell Medical Center will open in 2030 on a 300-acre research campus, integrating artificial intelligence into patient care from the ground up. The donation pushes the couple's total giving to UT Austin past $1 billion.
Michael and Susan Dell are fueling ambitious medical research plans at the University of Texas at Austin with a $750 million gift that will create what school leaders call the country's first AI-native hospital
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. The UT Dell Medical Center is projected to open in 2030 as the centerpiece of a new 300-plus-acre advanced research campus, with groundbreaking expected this fall3
. This donation makes the couple the first University of Texas donors to give more than $1 billion, building on two decades of support for computer science education, the medical school, and scholarships for students with significant financial need1
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Source: Fortune
The donation represents one of the largest contributions ever to a public university in the U.S. and ranks among the biggest in higher education philanthropy, following recent megagift contributions such as Phil Knight's $2 billion pledge to Oregon Health & Science University's cancer center and Michael Bloomberg's $1.8 billion gift to cover Johns Hopkins University medical students' tuition
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.The AI medical center will include a hospital with 300 to 500 beds, outpatient facilities, and a full-service emergency department, alongside a research campus focused on integrating advanced computing in clinical care
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. Dr. Claudia Lucchinetti, dean of Dell Medical School and senior vice president for medical affairs, sees this as a rare opportunity to integrate artificial intelligence into patient care from the start rather than retroactively applying new technologies to old hospital infrastructure3
.The medical center will connect prevention, diagnostics, treatment, and discovery through AI and advanced computing, enabling earlier detection, more personalized treatment, and better health outcomes
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. Lucchinetti said their model will use technology to support the patient-doctor relationship and make care "feel simpler and more human"1
. "Ambient" AI will make the hospital itself an "intelligent member of the care team," taking notes so that clinicians can treat patients more directly3
. She highlighted AI's ability to identify biometric patterns and early signs of cancer before they're obvious to the naked eye1
.The goal is to shift from a reactive and fragmented health system to a predictive healthcare system that is more seamless
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. "We have the technology, the science and the understanding to do better. And what we've been missing is the ability to design a system around those capabilities from the start," Lucchinetti said. "That's the opportunity that Susan and Michael Dell have catalyzed"1
. The center will also collaborate with the University of Texas MD Anderson Cancer Center in Houston to offer top specialists for those with complex conditions3
.For Michael Dell, founder and CEO of Dell Technologies whose net worth is estimated at about $170 billion by Forbes, this represents a full-circle moment
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. The computer magnate founded the company in 1984 as a UT-Austin pre-med student selling customized supercomputers from his freshman dorm room1
. He had enrolled as a pre-med student to appease his parents but was fascinated by computers, having disassembled an Apple II model at age 152
. Dell eventually dropped out ahead of his sophomore year, and that same dorm room will be renamed "Dell House" in his honor2
."I think about this as the next step in a timeline that actually goes back to my parents sending me off to UT to become a doctor," Dell told CNBC. "Obviously, that part didn't work out, but I never stopped thinking about that"
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. He told the Associated Press that "building a stronger health system here, more innovation and helping to support the growth and stability of the region" is important as the area's population has about doubled in size1
.The Dells have been building toward this moment for nearly two decades. Their foundation committed $25 million in 2005 to help build Dell Children's Medical Center, which opened in 2007 as the region's first freestanding pediatric hospital, and kicked in $50 million in 2013 to launch the Dell Medical School at UT Austin
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The $750 million gift will also support undergraduate scholarships, student housing, and UT's Texas Advanced Computing Center, where officials are building the nation's largest academic supercomputer with Dell's AI infrastructure
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. In a convocation address two years ago, Michael Dell encouraged medical school graduates to ensure AI models understand human ethics and make health care more equitable1
. He believes the technology will augment caregiving, create more precise treatments, accelerate scientific discoveries and apply those findings to real-world practices sooner3
."We have to figure out how to do this in a way that is responsible, reflects our values and beliefs, and ultimately enables humans to reach their full potential," Dell told AP. "That's what we're all working on"
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. The focus on health equity and responsible AI implementation signals an awareness of the technology's potential impact on underserved populations.The major contribution comes at a critical time when private support for higher education is falling to a dwindling pool of supporters
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. Colleges raised a record $78 billion last year according to the 2025 Voluntary Support of Education, but nearly 90% of that money came from just 2% of donors3
.Rutgers University Associate Dean for Research Marybeth Gasman said she's excited to see such strong support for a public institution at a time when public funding is declining amid politicized attacks on higher education
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. She hopes the philanthropy inspires other donations, as decades-long patterns suggest that more giving occurs after high-profile individual contributions. "Higher education, quite frankly, could really use it right now," she said3
. UT-Austin officials are banking on this momentum, as the Dells' gift kicks off a broader 10-year campaign to raise $10 billion for the university1
.The UT gift comes on the heels of another massive philanthropic move by the couple: a $6.25 billion pledge to seed "Trump Accounts," new investment vehicles created under President Donald Trump's tax law that give children born between 2025 and 2028 a $1,000 government seed contribution
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. The Dells' contribution is intended for the roughly 25 million American children under 10 who were born before Jan. 1, 2025 and therefore do not qualify for the federal seed contribution2
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