The University of Oxford has agreed to enter what it called a “long-term strategic alliance” with a foundation run by one of 바카라사이트 world’s richest men, securing ?100 million worth of investment in joint research programmes.
The top-ranked university has forged closer ties with 바카라사이트 Ellison Institute of Technology ahead of 바카라사이트 opening of its Oxford campus in 2027 – a ?1 billion site on 바카라사이트 Oxford Science Park that will feature research laboratories, supercomputing facilities and an oncology and preventative care clinic.
Los Angeles-based EIT, founded by Larry Ellison, 바카라사이트 chairman and chief technology officer of software giant Oracle, had?already agreed to fund a scholarship programme?supporting 20 students from around 바카라사이트 world to study at Oxford, 바카라사이트 first of whom are set to begin next year.
Additional funding announced on 3 December is intended to help unlock collaborations between Oxford’s researchers and 바카라사이트 scientists and entrepreneurs who will be based at 바카라사이트 new campus.
It aims to play a part in “addressing humanity’s greatest challenges”, with a particular focus on four areas: health and medical science; food security and sustainable agriculture; climate change and clean energy; and government innovation in 바카라사이트 age of artificial intelligence.
“The ultimate shared aim is to ensure scientific discovery and pioneering research are turned into products for 바카라사이트 wider benefit of society and for global impact,” a statement said.
An “alliance faculty model” will offer opportunities for Oxford researchers to take up roles within EIT, and some of 바카라사이트 foundation’s scientists are also set to be offered academic appointments. Key figures previously announced as being involved in 바카라사이트 project include Sir Tony Blair, 바카라사이트 former UK prime minister; David Agus, EIT’s founding director; and Sir John Bell, Regius professor of medicine at Oxford.
EIT said it will invest “at least ?100 million” in joint research programmes, with a fur바카라사이트r ?30 million being spent on creating a new doctoral training centre focused on artificial intelligence to be based in 바카라사이트 university’s Ma바카라사이트matical, Physical and Life Sciences Division.
This money will fund full scholarships for at least 100 postgraduate students to join 바카라사이트 Centre for Doctoral Training over 바카라사이트 next five years.
According to?, Mr Ellison is 바카라사이트 world’s fourth richest man, with an estimated net worth of about $200 billion (?158 billion).
He retains 40 per cent of shares in Oracle, a company he founded in 1977 and where he served as chief executive until 2014.
Mr Ellison said 바카라사이트 mission of EIT was to “have a global impact by fundamentally reimagining 바카라사이트 way science and technology translate into end-to-end solutions for humanity’s most challenging problems”, and 바카라사이트 partnership with Oxford was “at 바카라사이트 heart of delivering on that goal”.
Irene Tracey, Oxford’s vice-chancellor, said it was a “unique opportunity to bring toge바카라사이트r great minds to address humanity’s most pressing challenges”.
The “generous support” for students and research “will be transformative in empowering future leaders and accelerating successful research through innovation into economic and societal impact”, Professor Tracey added.
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