KAIST President Lee Kwang-hyung, left, poses with NYU President Andrew Hamilton after agreeing to establish a joint campus in New York on Sept. 21. Photo courtesy of KAIST

Two universities signing cooperation agreement

Korea Advanced Institute of Science and Technology (KAIST) announced on Sept. 22 that it had signed an agreement to build a joint campus in New York together with New York University (NYU).

Included in the participants in the event were New York Mayor Eric Adams, the Korean Minister of Science and ICT Lee Jong-ho, NYU Chairman William Berkley, and NYU President Andrew Hamilton on top of KAIST President Lee Kwang-hyung.

Earlier this June, KAIST and NYU signed a memorandum of understanding about building a joint campus in an effort to educate global talent.

As a follow-up measure, NYU has provided KAIST with space to begin joint research programs and held a ceremony to present the signage designed for the future KAIST NYU Campus.

In line with these efforts, KAIST has also signed an agreement with New York City, the administrative authority in charge of the establishment of the campus, for mutual cooperation, according to KAIST.

NYU is a prestigious university headquartered in Manhattan, New York. It has nurtured outstanding talents in the humanities, art, and basic sciences, including 38 Nobel Prize winners, 5 Fields Prize winners, 26 Pulitzer Prize winners, and 38 Academy Award winners to be deserving of the evaluation.

KAIST noted that the prospective joint campus would be centered on science, technology, engineering, and mathematics by combining NYU’s basic sciences and convergence research capabilities with KAIST’s globally renowned science and technology capabilities.

The joint initiative is expected to launch in 2023; its programs will focus on areas such as AI basic science, AI convergence brain science, and cyber security.

The joint campus has started enlisting professors and researchers from both institutions to participate in the collaboration.

The campus will also function as the headquarter that will oversee the operation of the joint research program. At Daejeon, KAIST is also setting up a location for NYU on its main campus to provide space for NYU researchers upon their visit to KAIST.

“We’re delighted by our newly established partnership with KAIST. We see great potential in the opportunities to collaborate on the development of courses, research, cutting edge technologies, university-level courses, degrees, entrepreneurship initiatives, and industrial partnerships, and exchanges,” NYU President Hamilton said.

“We believe this partnership is very much in line with NYU’s commitment to global engagement and will make important contributions to New York’s tech sector. It’s exciting to think how much NYU and KAIST have much to learn from one another and how much we may accomplish together.”

KAIST President Lee also welcomed the bilateral cooperation.

“Based on the KAIST-NYU partnership, we must create an interdisciplinary hyper-convergence model of collaboration and use cutting-edge tools to create an innovative model for a new type of problem-solving engineering education to prepare to solve the challenges facing the world,” he said.

“The new fusion engineering degree program will leverage the unique strengths of the two institutions to provide a uniquely colored education not found anywhere else.”