Ken Griffin is giving $3 billion to Carnegie Mellon University, described as the largest higher-education donation in United States history.

The gift is meant to support Carnegie Mellon’s expansion into Miami, Florida, a growing business and technology hub.

The article says no single donor has pledged such a large sum to an American university.

Funding is aimed at a major physical footprint in South Florida, linking the Pittsburgh university with southeastern industry.

Plans include research in computer science, robotics, and artificial intelligence, plus labs and classrooms in the Miami area.

The gift is also tied to scholarships, student links with financial firms, and the university’s long-term endowment.

The article identifies Griffin as Citadel’s founder and a hedge fund executive, and says the gift tops earlier mega-donations.

Carnegie Mellon expects to start the Miami work over the next few academic terms and to detail how the $3 billion is split.

Read the full story on Ken Griffin’s record $3 billion gift to Carnegie Mellon and its Miami plans.