According to the Boston Globe, the legendary and influencial MIT Media Lab is reinventing itself to remain relevant for the 21st century: "A high-tech beehive with 28 faculty members and a $32 million annual budget, the lab has been shifting its focus from multimedia and technology convergence to more everyday concerns like aging and healthcare. It's also been working more closely with business 'sponsors' that fund its research and casting a wider net for new corporate backers."
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