Landmark $60M gift to establish major initiative in artificial intelligence at Indiana University

Indiana University alumnus and information technology pioneer Fred Luddy has given $60 million to establish a multidisciplinary initiative in artificial intelligence at IU based in the School of Informatics, Computing and Engineering, President Michael A. McRobbie has announced. This is the second-largest private gift in IU's history.

The initial focus of this initiative will be on AI approaches to digital health. Further projects in this area based on IU's extensive disciplinary strengths in related areas will be formed as additional support is obtained from other sources.

The gift will fund the construction of a building, which will be the center of this initiative. It will also enable the creation of six endowed chairs, six endowed professorships and six endowed faculty fellowships, as well as graduate and undergraduate scholarships, including scholarships for high-achieving Hoosier students, to support the initiative. The overall goal of the gift is to accelerate the progress of the school as one of the best of its kind in the world.

In recognition of this extraordinarily generous gift and in recognition of Luddy's continued leadership and landmark support of the school's mission, IU trustees have approved naming the school in his honor; it will now be known as the Luddy School of Informatics, Computing and Engineering. The naming and gift were announced Thursday at a meeting of the school's Dean's Advisory Council, of which Luddy is a member.

Luddy is the founder of ServiceNow, a Silicon Valley-based company that delivers cloud-based, automated IT help desk services and which Forbes recently named the world's most innovative company.

The building funded by the gift will house the new Luddy Center for Artificial Intelligence. The facility will feature state-of-the-art teaching and learning spaces dedicated to supporting IU faculty and students doing pioneering work in AI and machine learning, and to encouraging and enhancing interdisciplinary collaborations.

"On behalf of all of Indiana University, I want to express our most grateful thanks to Fred Luddy for this magnificent gift, which comes on top of a previous outstanding gift he made to IU that enabled the construction of the superb Luddy Hall," McRobbie said. "We are delighted that we could honor him by naming the school to which he has contributed so much after him.

"I was involved in establishing the school in 1999, and I have been delighted to see it grow, expand in its disciplines and improve in quality over the last two decades. And it is fitting that it will now be named after its greatest benefactor, who has given so much support to the school over many years and whose record of achievement on information technology brings such distinction to IU.

"Fred is an outstanding technology visionary and innovator who understands deeply the enormous impact that AI, machine learning and related areas are having and will have on society. We are also extremely grateful for his willingness to support a major initiative in this area at IU -- one with a focus on digital health care, which will be of such importance in Indiana and around the world."

A native of New Castle, Indiana, Luddy came to IU as a student in 1973. He received an honorary IU Doctor of Humane Letters in 2017. He credits Edward Whalen, a professor of economics at IU who served as university director of budgeting, for offering him his first job in computer programming in the 1970s and paving the way for his successful career in IT.

As a pioneer in the field of programming, Luddy developed the concept of platform as a service in cloud computing, creating modular components that are easily customized. In 2004, Luddy founded ServiceNow, serving as the company's CEO until 2011 and as its chief product officer until 2016, when he stepped into an advisory role. The company now employs 3,500 people and has a market value of more than $15 billion.

"I believe in the importance of people," Luddy said. "It is the imagination and determination of people that drive technology that makes an impact in real lives. My path has been shaped by the people who inspire me, who guide me to pursue the next innovation with the potential to transform everything.

"This gift will allow the next generation of researchers and students to bring together their knowledge, wisdom and ideas to create things that we never thought possible. I'm thrilled to be able to play a role in helping IU professors and students reach for what comes next."

The announcement of Luddy's gift to establish IU's AI initiative is the second major announcement that IU has made in less than six months concerning its investment in this area. In June it was announced that IU would be acquiring a new AI supercomputer, Big Red 200. Named for the IU Bicentennial, it will be the fastest university-owned supercomputer in the nation and will support its advanced research in AI, machine learning, data analytics, and scientific and medical research. This system will become fully operational on IU's bicentennial anniversary on Jan. 20, 2020.

Read the entire article from News at IU Bloomington