The largest single donation to a UK university has been given to Oxford for a new institute that will study the ethics of artificial intelligence.
Stephen Schwarzman, a US private equity billionaire who has advised Republican presidents including Donald Trump, has given the university £150m.
The donation will fund a new faculty for the humanities.
The UK government said it was a "globally significant" investment in Britain.
The University of Oxford has long been a subject of patronage by the wealthy and powerful