MIT

Organization

Massachusetts Institute of Technology, an organization that published a study on the failure rate of generative AI pilots in corporations.


entitydetail.created_at

8/23/2025, 5:15:08 AM

entitydetail.last_updated

8/31/2025, 4:37:14 AM

entitydetail.research_retrieved

8/24/2025, 2:22:06 AM

Summary

The Massachusetts Institute of Technology (MIT) is a private research university founded in Cambridge, Massachusetts in 1861, known for its polytechnic model and significant contributions to modern technology and science. It has been a leader in fields like computer science and artificial intelligence, fostering strong collaborations with industry and government. Recent analyses by MIT have provided crucial insights into contemporary issues, including shifts in student demographics following the Supreme Court's race-based admissions ban, and an influential study revealing a high failure rate (95%) for corporate AI pilots, which contributed to a broader market correction in artificial intelligence. The university boasts a strong entrepreneurial culture and, as of October 2024, is affiliated with 105 Nobel laureates, 26 Turing Award winners, and 8 Fields Medalists.

Research Data
Extracted Attributes
  • Type

    Private research university

  • Culture

    Entrepreneurial, known for elaborate 'hacks'

  • Founded

    1861-XX-XX

  • Location

    Cambridge, Massachusetts, United States

  • Governance

    State-chartered nonprofit corporation, governed by MIT Corporation

  • Faculty Size

    ~1,000

  • Accreditation

    New England Association of Schools and Colleges (since 1929)

  • Campus Features

    Urban campus, extends over a mile along the Charles River, modernist architecture, interconnected buildings

  • Research Centers

    65 unique research centers

  • Academic Calendar

    4-1-4

  • Current President

    Sally Kornbluth

  • Educational Model

    Polytechnic, emphasizes laboratory instruction in applied science and engineering

  • Key Research Areas

    Modern technology, science, computer science, digital technology, artificial intelligence, basic sciences, social sciences, business, humanities

  • Student Enrollment

    >11,000 (undergraduate and graduate)

  • Affiliated Institutes

    Broad Institute, Whitehead Institute

  • Off-campus Operations

    MIT Lincoln Laboratory, Haystack Observatory

  • Astronauts (affiliated)

    41

  • Corporate Collaborations

    ~700 companies

  • Nobel Laureates (affiliated)

    105 (as of October 2024)

  • Fields Medalists (affiliated)

    8 (as of October 2024)

  • MacArthur Fellows (affiliated)

    50

  • Marshall Scholars (affiliated)

    83

  • Turing Award Winners (affiliated)

    26 (as of October 2024)

  • Foreign Heads of State (affiliated)

    8

  • Chief Scientists of the US Air Force (affiliated)

    16

  • National Medal of Science recipients (affiliated)

    58

  • National Medals of Technology and Innovation recipients (affiliated)

    29

Timeline
  • Massachusetts Institute of Technology (MIT) was established in Boston. (Source: summary)

    1861-XX-XX

  • MIT moved its campus from Boston to Cambridge, Massachusetts. (Source: summary)

    1916-XX-XX

  • MIT was accredited by the New England Association of Schools and Colleges. (Source: web_search_results)

    1929-XX-XX

  • MIT became a leading center for research in computer science, digital technology, and artificial intelligence during the late 20th century. (Source: summary)

    19XX-XX-XX

  • As of this month, MIT was affiliated with 105 Nobel laureates, 26 Turing Award winners, and 8 Fields Medalists. (Source: summary)

    2024-10-XX

  • MIT analyzed new data showing a shift in student demographics following the Supreme Court's Race-based Admissions Ban. (Source: related_documents)

    XXXX-XX-XX

  • An influential MIT study revealed that 95% of corporate AI pilots fail, with the highest return on investment found in back-office optimization, contributing to a market correction in artificial intelligence. (Source: related_documents)

    XXXX-XX-XX

Massachusetts Institute of Technology

The Massachusetts Institute of Technology (MIT) is a private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of modern technology and science. In response to the increasing industrialization of the United States, William Barton Rogers organized a school in Boston to create "useful knowledge." Initially funded by a federal land grant, the institute adopted a polytechnic model that stressed laboratory instruction in applied science and engineering. MIT moved from Boston to Cambridge in 1916 and grew rapidly through collaboration with private industry, military branches, and new federal basic research agencies, the formation of which was influenced by MIT faculty like Vannevar Bush. In the late twentieth century, MIT became a leading center for research in computer science, digital technology, artificial intelligence and big science initiatives like the Human Genome Project. Engineering remains its largest school, though MIT has also built programs in basic science, social sciences, business management, and humanities. The institute has an urban campus that extends more than a mile (1.6 km) along the Charles River. The campus is known for academic buildings interconnected by corridors and many significant modernist buildings. MIT's off-campus operations include the MIT Lincoln Laboratory and the Haystack Observatory, as well as affiliated laboratories such as the Broad and Whitehead Institutes. The institute also has a strong entrepreneurial culture and MIT alumni have founded or co-founded many notable companies. Campus life is known for elaborate "hacks". As of October 2024, 105 Nobel laureates, 26 Turing Award winners, and 8 Fields Medalists have been affiliated with MIT as alumni, faculty members, or researchers. In addition, 58 National Medal of Science recipients, 29 National Medals of Technology and Innovation recipients, 50 MacArthur Fellows, 83 Marshall Scholars, 41 astronauts, 16 Chief Scientists of the US Air Force, and 8 foreign heads of state have been affiliated with MIT.

Web Search Results
  • Massachusetts Institute of Technology - Wikipedia

    The Massachusetts Institute of Technology (MIT) is a private research university in Cambridge, Massachusetts, United States. Established in 1861, MIT has played a significant role in the development of many areas of modern technology and science. [...] MIT is a large, highly residential, research university with a majority of enrollments in graduate and professional programs. The university has been accredited by the New England Association of Schools and Colleges since 1929. MIT operates on a 4–1–4 academic calendar with the fall semester beginning after Labor Day "Labor Day (United States)") and ending in mid-December, a 4-week "Independent Activities Period" in the month of January, and the spring semester commencing in early February and [...] MIT is a state-chartered nonprofit corporation governed by a privately appointed board known as the MIT Corporation. The Corporation has 60–80 members at any time, some with fixed terms, some with life appointments, and eight who serve ex officio. The Corporation approves the budget, new programs, degrees and faculty appointments, and elects a president to manage the university and preside over the Institute's faculty. The current president is Sally Kornbluth, a cell biologist and former

  • Massachusetts Institute of Technology (MIT) - Top Universities

    MIT is an independent, coeducational, privately endowed university organized into five schools (architecture and planning; engineering; humanities, arts, and social sciences; management; science) and one college (computing). Yet the principle of educational innovation remains at the core of MIT’s educational philosophy. [...] MIT is an independent, coeducational, privately endowed university organized into five schools (architecture and planning; engineering; humanities, arts, and social sciences; management; science) and one college (computing). Yet the principle of educational innovation remains at the core of MIT’s educational philosophy. [...] At its founding in 1861, MIT was initially a small community of problem-solvers and science lovers eager to bring their knowledge to bear on the world. Today, MIT has evolved into an educational behemoth, with some 1,000 faculty members and more than 11,000 undergraduate and graduate students.

  • Massachusetts Institute of Technology - edX

    Massachusetts Institute of Technology — a coeducational, privately endowed research university founded in 1861 — is dedicated to advancing knowledge and educating students in science, technology, and other areas of scholarship that will best serve the nation and the world in the 21st century. Learn more about MIT. Through MITx, the Institute furthers its commitment to improving education worldwide.

  • MIT - Massachusetts Institute of Technology

    ​Since its founding, MIT has been key to helping American science and innovation lead the world. Discoveries that begin here generate jobs and power the economy — and what we create today builds a better tomorrow for all of us. #### Want more about MIT? Explore more spotlights, or subscribe to receive daily or weekly doses of MIT in your inbox. Subscribe [...] Massachusetts Institute of Technology Education Research Innovation Admissions + Aid Campus Life News news.mit.edu About MIT Alumni Give Massachusetts Institute of Technology 77 Massachusetts Avenue, Cambridge, MA, USA Visit Map Events People Careers Contact Privacy Accessibility Social Media Hub MIT@twitter MIT@facebook MIT@youtube MIT@instagram [...] MIT - Massachusetts Institute of Technology =============== Skip to content ↓ Massachusetts Institute of Technology ===================================== Education Research Innovation Admissions + Aid Campus Life News Alumni About MIT Give More ↓ Admissions + Aid Campus Life News Alumni About MIT Give Menu↓Search Menu Explore websites, people, and locations What are you looking for? #### Top resources for

  • Massachusetts Institute of Technology (MIT) - The Princeton Review

    The Massachusetts Institute of Technology is renowned for its engineering, science, and Mathematics departments. Academic programs at MIT feature 65 unique research centers, and faculty and students currently collaborate with around 700 companies on projects ranging from computational science to gender studies. "The administration's attitude toward students is one of respect. As soon as you come on campus, you are bombarded with choices," including "research opportunities for undergrads with [...] The Massachusetts Institute of Technology is renowned for its engineering, science, and Mathematics departments. Academic programs at MIT feature 65 unique research centers, and faculty and students currently collaborate with around 700 companies on projects ranging from computational science to gender studies. "The administration's attitude toward students is one of respect. As soon as you come on campus, you are bombarded with choices," including "research opportunities for undergrads with [...] the rock-solid alumni network, and the surrounding areas of Cambridge and Boston are filled with tech and research companies, offering students abundant opportunities for networking and internships. MIT also hosts frequent career fairs to connect undergrads with potential employers. Alumni who visited PayScale.com reported median starting salaries of $103,000, and 58 percent felt that they do meaningful work.

Location Data

Massachusetts Institute of Technology, Vassar Street, The Port, Cambridge, Middlesex County, Massachusetts, 02238, United States

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Coordinates: 42.3582529, -71.0966272

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