AUSTIN, United States — Michael Dell and Susan Dell have committed $750 million in new funding to the University of Texas at Austin, making them the university’s first $1 billion donors overall, officials announced Tuesday.
The investment will support the creation of the UT Dell Campus for Advanced Research and the UT Dell Medical Center, alongside funding for student scholarships, housing, and supercomputing research.
Michael Dell, founder of Dell Technologies, said the initiative is designed to combine medicine, science, and computing in a single campus built for the artificial intelligence era.
The campus will span more than 300 acres in Northwest Austin and will include a 27-acre medical complex. Plans call for a hospital with approximately 300 to 500 beds, as well as outpatient and emergency care facilities. Construction is expected to begin later this year, with opening targeted for 2030 and phased expansion through 2032.
Unlike the existing Dell Seton Medical Center in downtown Austin, which focuses on emergency care, the new facility will specialize in advanced treatment and academic medicine. University officials said it will operate as an integrated academic medical center, combining research, education, and patient care.
UT MD Anderson Cancer Center services will also be incorporated into the new facility, allowing patients in the Austin area to access specialized cancer care locally instead of traveling to Houston.
Gov. Greg Abbott welcomed the investment, saying it strengthens Texas’ leadership in technology and healthcare innovation.
University leaders said the project will also incorporate artificial intelligence into clinical training and healthcare delivery, including simulation-based education environments where students and staff work alongside AI systems.
The Dell family has contributed to the university for decades, including funding for the Dell Medical School and student scholarship programs.