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NVIDIA DIRECTOR STEVENS DONATES $200M TO USC

AI DESK1 MIN READ
TUE, MAY 5, 2026

■ AI-SUMMARIZED FROM 2 SOURCES ▸ TIMELINE

Nvidia Corp. director Mark Stevens and his wife Mary are giving $200 million to the University of Southern California to support AI research and education initiatives.

The gift represents a significant commitment to advancing artificial intelligence capabilities and workforce development at the institution. USC President Beong-Soo Kim confirmed the donation will be deployed across research programs and educational offerings in AI-related fields. Stevens, an early Nvidia investor and board member, joins other tech billionaires making substantial contributions to AI development at universities. The donation underscores growing emphasis on preparing students and researchers for roles in AI as the technology becomes increasingly central to multiple industries. The timing aligns with universities racing to expand AI capabilities amid intensifying competition between tech companies and nations for AI talent and breakthroughs. USC's initiative will target both undergraduate and graduate education while supporting faculty research efforts in the sector.

■ SOURCES

Bloomberg TechBloomberg Tech

■ SUMMARY WRITTEN BY AI FROM THE LINKS ABOVE

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