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Blackstone's Tony James Backs Mount Sinai's $100 Million AI Push

  • Private equity titan funding a building in Upper Manhattan
  • Researchers there will study genomics, disease modeling
Tony and Amabel James
Tony and Amabel JamesPhotographer: Andrew Harrer/Bloomberg

Another Blackstone Group executive is hopping on the AI philanthropy bandwagon.

Eight months after Chief Executive Officer Steve Schwarzman pledged $350 million to establish a college of computing at Massachusetts Institute of Technology, Executive Vice Chairman Tony James and wife Amabel are providing the funds to create a center for artificial intelligence and human health at Mount Sinai’s medical school in New York.