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Two musical powerhouses are giving the University of Southern California a pretty generous gift.

Jimmy Iovine and rapper Dr. Dre (aka Andre Young) will be giving the school $70 million to create a new undergraduate program called the USC Jimmy Iovine and Andre Young Academy for Arts, Technology and the Business of Innovation.

The academy’s curriculum will focus on “arts and entrepreneurship; technology, design and marketability; concept and business platforms; and creating a prototype,” according to a USC statement. The program’s mission will be to create “a new generation of inspired innovators.”