Microsoft Funds University of Washington, Tsinghua Tech Program
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Microsoft Corp. will give $40 million to help fund a graduate-school program with the University of Washington and China’s Tsinghua University, seeking to foster research in new technologies.
The Global Innovation Exchange, which will be located in the Seattle area, marks the first time a Chinese research university has located a degree program in the U.S. The center will open in 2016 with the goal of attracting 3,000 students within a decade, according to Brad Smith, Microsoft’s general counsel.