Michael Dell, CEO of Dell Computer, and his wife Susan have made a $750 commitment to the University of Texas for its new medical school. Photo by Robert Daemmrich Photography Inc/Corbis via Getty Images)Corbis via Getty ImagesThe Michael and Susan Dell Foundation has committed $750 million to the University of Texas at Austin for its new medical center, which will now be named the UT Dell Medical Center. In addition to the new medical center, the Dell’s gift will be used to provide significant support for undergraduate student scholarships, student housing and UT’s Texas Advanced Computing Center. The newly named UT Dell Campus for Advanced Research will bring together the university’s existing strengths in advanced computing capabilities and artificial intelligence. The university plans to break ground later this year on the UT Dell Medical Center, which the university is calling the country’s first “AI-native” medical center. Scheduled to open in 2030, the UT Dell Medical Center will deliver a “fully integrated, patient-centered model," focused on “earlier detection, more precise and personalized care, and better health outcomes.” The university indicated that it hopes to use the Dell’s commitment as a springboard for it to raise a total of $10 billion over the the next 10 years.The Dells’ investment is one of the largest-ever private gifts to a U.S. university. According to a press release, their total contributions to the University of Texas now top $1 billion, making them the first donors to surpass that milestone in lifetime giving to UT. Their past gifts have supported student scholarships, capital investments and a broad range of academic and research programs.“UT Austin, where Dell Technologies was founded from a dorm room, has always been a place where bold ideas become real-world impact,” said Michael and Susan Dell, in the university’s announcement. “What makes this moment so meaningful is the opportunity to build something that brings every part of the journey together — from how students learn, to how discoveries are made, to how care reaches families. By bringing together medicine, science and computing in one campus designed for the AI era, UT can create more opportunity, deliver better outcomes, and build a stronger future for communities across Texas and beyond.”Plans call for the new medical center to collaborate with the University of Texas MD Anderson Cancer Center, providing access to world-class cancer expertise, advanced therapies and leading-edge clinical research.MORE FOR YOUTexas already dominates in technology, energy, and business, and now we will further cement our leadership in health care innovation as well,” said Governor Greg Abbott. “Bringing together UT and the world-renowned MD Anderson into one integrated care center connects two excellent institutions whose work will drive the next generation of medical breakthroughs. Through this partnership and state-of-the-art medical center, Texans will have access to even better care from the best medical minds in the world.”Dr. Claudia Lucchinetti, dean of the Dell Medical School, said the Dells’ gift represents a commitment to “fundamentally redefine health.”“We are building an integrated, patient-centered model powered by AI and advanced technology that shifts the focus from treating sickness to advancing health itself through prevention, prediction and precision,” Lucchinetti added. “This will transform how we care for patients, how we train the next generation of physicians, and how we accelerate life science innovation to improve lives at scale.”UT Austin President Jim Davis said, “Susan and Michael Dell are Longhorns with a vision to change the world, a will to act on that vision, and an unmatched commitment that has made this bold step real… This is a defining moment for The University of Texas, and we are grateful to Susan and Michael for making it possible.”Michael Dell is the founder and CEO of Dell Technologies. Forbes estimates his total worth at approximately $175 billion.