Reed Hastings is giving $50 million to his alma mater, liberal arts school Bowdoin College in Maine, to fund AI research and teaching within “ethical frameworks.” The $50 million gift from the Netflix co-founder and former CEO is the largest in the college’s 231-year history.

The co-founder went on to earn a masters in artificial intelligence from Stanford after graduating from Bowdoin. He continued: “Just as Bowdoin’s mission emphasizes the formation of complete individuals who can navigate a world in flux,

The Netflix co-founder said he wanted his alma mater to become a leader in studying the consequences, and guiding beneficial uses, of artificial intelligence.