Senator McCormick Celebrates Transformational $3 Billion Investment in Carnegie Mellon University

WASHINGTON — Today, U.S. Senator Dave McCormick (R-PA) celebrated a historic gift to Carnegie Mellon University (CMU) from Citadel founder and CEO Ken Griffin, including a transformational $1 billion investment in CMU’s Pittsburgh campus and $2 billion to launch Carnegie Mellon University Miami. “This extraordinary investment from my great friend Ken Griffin is a tremendous vote of confidence in CMU, in Pittsburgh, and in the innovation that will continue to define America’s future,” said Senator McCormick . “Pittsburgh has always been a city that reinvents itself. Andrew Carnegie helped build the Steel City into an industrial powerhouse, and today, the university that bears his name is helping lead America into the next era of innovation. I’m so proud of President Farnam Jahanian and his team for helping make Carnegie Mellon one of the finest research institutions in the world, a global leader in artificial intelligence, robotics, engineering, computer science, and so much more.” Senator McCormick previously served on Carnegie Mellon’s Board of Trustees and has long viewed the university as central to Pittsburgh’s transformation from the Steel City into a global hub for technology and innovation. CMU’s world-class leadership in artificial intelligence, robotics, computer science, and engineering has helped put Pittsburgh at the forefront of the technologies shaping America’s future. That leadership made CMU the natural home for Senator McCormick’s inaugural Pennsylvania Energy and Innovation Summit, showcasing the Commonwealth’s unique strengths in AI, energy, and advanced technology and catalyzing $92 billion in investment in Pennsylvania’s future. This historic investment announced today builds on that momentum. The $1 billion commitment to support CMU’s Pittsburgh campus will strengthen CMU’s research and academic leadership, attract the best minds, and fuel innovation and discovery in western Pennsylvania. The $2 billion investment in the launch of CMU Miami will expand the reach of an institution built in Pittsburgh and bring CMU’s culture of innovation and excellence to a new generation of leaders. At a moment of intense global competition, America must continue to invest in the people and institutions that allow us to invent, build, and lead. More than a century after Andrew Carnegie invested in Pittsburgh, that same spirit of ambition, discovery, and innovation remains alive and well in Western Pennsylvania. ###