Established in 1994 by businessman and math enthusiast John Fry, the American Institute of Mathematics is now located in San Jose, California, after moving from its original Palo Alto location in 2015.

AIM's mission is to advance mathematical knowledge through collaboration, to broaden participation in the mathematical endeavor, and to increase awareness of the contributions of the mathematical sciences to society.

Since 2002 AIM has been part of the Mathematical Sciences Institutes program in the Division of Mathematical Sciences of the National Science Foundation.

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