Nvidia director and venture capitalist Mark Stevens and his wife Mary are donating $175 million to establish the Mark & Mary Stevens School of Medicine, a joint venture between Sutter Health and Santa Clara University that will be the first new medical school in the San Francisco Bay Area in more than 100 years—10 days after the couple committed $200 million to the University of Southern California to fund its AI research.

Mark Stevens

PHOTO BY NANCY ROTHSTEIN/COURTESY OF MARK STEVENS

The gift is the largest ever received by both Santa Clara University and nonprofit Sutter Health, according to a joint statement issued Friday.

The 82,000-square-foot campus will be built in Santa Clara, roughly two miles from Nvidia's headquarters, and will house classrooms, simulation rooms and an anatomy lab.