Nvidia Billionaire Mark Stevens Gives $200 Million to Alma Mater USC for AI Research

Nvidia Corp. signage in San Jose, California.

Photographer: David Paul Morris/Bloomberg

Billionaire Nvidia Corp. director Mark Stevens and his wife Mary are gifting $200 million to the University of Southern California to advance AI research and education across the school.

The donation will help make USC a “national leader in AI-powered research and creativity,” the school said in a statement, adding the university’s school of advanced computing will also be renamed after the couple. USC has plans to introduce a new degree in Artificial Intelligence for Business this fall.