The University of Southern California (USC) has received a significant $200 million donation from Mark and Mary Stevens to boost artificial intelligence (AI) across campus. The funds will be used to attract new faculty members, build computing power, and apply AI in areas like healthcare, cybersecurity, and the arts.
Meanwhile, in the tech industry, Alphabet Inc. (NASDAQ:GOOGL) is utilizing AI to improve its products and services. Google, along with xAI and Microsoft, has agreed to US national security reviews of their new AI models, focusing on potential national security risks.
RadNet's joint venture in Idaho will integrate AI imaging tools, adding $30 million in projected revenue. Sanofi is investing $294 million to expand its AI capabilities in Toronto, hiring over 1,000 new employees, including data scientists, engineers, and AI experts.
Intel saw a surge of 13% on reports that Apple is in talks with Intel and Samsung to produce main processors for its U.S.-made devices. The broader AI chip universe followed, with the SOXX semiconductor ETF gaining 4.5%.
Key Takeaways
['USC received a $200 million donation to integrate AI across various academic disciplines.', 'Google, xAI, and Microsoft agreed to US national security reviews of their new AI models.', "RadNet's AI imaging venture in Idaho added $30 million in projected revenue.", 'Sanofi invested $294 million to expand its AI capabilities in Toronto.', 'Intel surged 13% on reports of talks with Apple to produce main processors for U.S.-made devices.', 'Alphabet Inc. is utilizing AI to improve its products and services.', 'Anchorage Digital launched Agentic Banking, bridging AI agents and money.', 'a16z Crypto launched a $2.2 billion fund for crypto market investment.', "Paymentus (PAY) beat Wall Street's revenue expectations in Q1 CY2026."]USC gets $200M to boost AI across campus
The University of Southern California (USC) received a $200 million donation from Mark and Mary Stevens to integrate artificial intelligence (AI) across various academic disciplines. The funds will be used to attract new faculty members and build computing power. USC plans to apply AI in areas like healthcare, cybersecurity, and the arts. The university aims to emphasize practical uses of AI rather than developing the technology itself.
USC launches AI initiative with $200M gift
The University of Southern California (USC) announced a transformational AI initiative with a $200 million gift from Mark and Mary Stevens. The funds will be used to recruit world-class AI researchers and accelerate innovation across disciplines like healthcare, security, business, and the arts. The Stevens' donation will also rename the USC School of Advanced Computing as the USC Mark and Mary Stevens School of Computing and Artificial Intelligence.
Mark Stevens gives $200M to USC for AI
Mark Stevens, a venture capitalist and USC trustee, donated $200 million to the University of Southern California (USC) to power AI research across campus. The gift will rename the USC School of Advanced Computing as the USC Mark and Mary Stevens School of Computing and Artificial Intelligence. The funds will support interdisciplinary research, teaching, and innovation in AI, focusing on areas like healthcare, cybersecurity, and the arts.
USC gets $200M for AI education
The University of Southern California (USC) received a $200 million donation from Mark Stevens to establish AI research and expertise across campus. The funds will support faculty recruitment, research, and education in AI, with a focus on applying AI in various fields like medicine, cybersecurity, and the arts.
Intuitive Surgical tops healthcare AI stocks
Intuitive Surgical, Inc. (NASDAQ:ISRG) is one of the top healthcare AI stocks to buy, according to analysts. The company's da Vinci surgical system continues to gain traction, with a growing number of hospitals and surgeons adopting the technology. Intuitive Surgical's strong financials and market presence make it an attractive investment opportunity.
Alphabet among top AI stocks to invest in
Alphabet Inc. (NASDAQ:GOOGL) is one of the most promising AI stocks to invest in, according to analysts. The company is utilizing AI to improve its products and services, including the use of AI-powered solutions to enhance customer experiences.
RadNet's AI imaging venture in Idaho
RadNet's joint venture in Idaho will integrate AI imaging tools to improve efficiency and care quality. The partnership with Saint Alphonsus Health System adds $30 million in projected revenue and showcases RadNet's AI platform.
Google, xAI, Microsoft agree to US reviews
Google, xAI, and Microsoft have agreed to US national security reviews of their new AI models. The reviews will focus on potential national security risks posed by AI models that process and generate human-like language.
Sanofi invests $294M in AI capabilities
Sanofi is investing $294 million to expand its AI capabilities in Toronto. The funds will be used to hire over 1,000 new employees, including data scientists, engineers, and AI experts.
Anchorage Digital bridges AI and money
Anchorage Digital launched Agentic Banking, an infrastructure that bridges the gap between AI agents and money. The platform provides a regulated trust, governance, and settlement layer for institutions to fund and control AI agents.
a16z Crypto launches $2.2B fund
Andreessen Horowitz launched its fifth crypto fund, Crypto Fund V, with $2.2 billion to invest in durable infrastructure and product adoption in the crypto market.
Bain's David Gross on AI challenges
David Gross, Bain Capital managing partner, discussed AI challenges, including implementation and finding talent.
PAY Q1 beats expectations
Paymentus (PAY) beat Wall Street's revenue expectations in Q1 CY2026, with sales up 30.2% year-on-year to $358.4 million. The company's AI-native service platform and product expansion drove strong growth.
Intel surges on Apple chip talks
Intel surged 13% on reports that Apple is in talks with Intel and Samsung to produce main processors for its U.S.-made devices. The broader AI chip universe followed, with the SOXX semiconductor ETF gaining 4.5%.
Sources
- U.S.C. Will Infuse A.I. Across University with $200 Million Donation
- USC launches transformational AI initiative with one of the largest gifts in university history
- Mark and Mary Stevens give $200M for AI research across USC
- A historic $200-million USC gift from Nvidia board member aims to transform AI education
- Intuitive Surgical (ISRG): The Best Healthcare AI Stock to Buy According to Analysts
- Here is Why Alphabet (GOOGL) Is Among the Most Promising AI Stocks to Invest In
- Should RadNet’s (RDNT) Idaho AI Imaging Joint Venture Influence Investor Views on Its Growth Strategy?
- Google, xAI and Microsoft agree to US national security reviews of new AI models
- Sanofi expands AI capabilities, investing $294M to scale Toronto hub
- Anchorage Digital Bridges the Gap Between AI Agents and Money
- a16z Crypto Launches $2.2B Fund V
- Bain's David Gross on AI: Bottleneck is getting it implemented and finding talent to do so
- PAY Q1 Deep Dive: AI-Native Service Platform and Product Expansion Drive Strong Start
- Intel surges 13% on Apple chip talks as AMD and Cloudflare rally on earnings beats, SOXX +4.5%
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