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1) MIT, Indian government establishing Media Laboratory Asia joint project: The Massachusetts Institute of Technology and the
government of India are establishing a one-year exploratory
project to create the Media Laboratory Asia (MLA), which is
conceived as an independent, non-profit organization.
The Indian government has committed $12 million toward this
one-year program, $1.7 million of which has been earmarked
for MIT's participation. Seed funding will be provided by
the government of India, and the remaining funds will be
raised by MLA from private-sector and other non-
governmental sources. Findings at the end of the program's
first year will form the framework for making decisions
concerning a 10-year MLA project and will determine the
role that MIT would play in its development.