Buffalo, NY, October 2, 2026 — A significant financial contribution has been made to Carnegie Mellon University by hedge fund CEO Ken Griffin. The donation, totaling a record $3 billion, is designated for the establishment of a new university campus located in Miami.

The substantial gift from Ken Griffin, a prominent figure in the finance industry, marks one of the largest contributions ever made to an educational institution. The funds are specifically earmarked to create a new Carnegie Mellon University campus. This initiative aims to expand the university’s reach and presence into the vibrant South Florida region, with Miami identified as the chosen location.

The specifics regarding the timeline for the campus establishment, its operational focus, or initial programs were not detailed in the provided summary. Further information on the project’s development is anticipated as Carnegie Mellon University proceeds with its plans.


Story summarized from the original created by HEATHER HOLLINGSWORTH | The Associated Press on www.niagara-gazette.com, see more information here.

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