A burgeoning graduate school aimed at reinventing higher education’s relationship with high tech is getting a $133 million gift from a professor-turned-entrepreneur who used his engineering background to help build a major telecommunications company, the Associated Press reports. The gift from Qualcomm Inc. founding chairman and former CEO Irwin Jacobs will endow an innovation institute at the core of Cornell NYC Tech, an elite graduate program that’s meant to link academia and entrepreneurship while helping make New York a high-tech hub. Students are to be linked with tech-industry mentors, and the campus will rent space to companies, in an effort to help research get into the market…

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staff and wire services reports