Cornell University will create a new nanotechnology research center with the help of a $25 million (¤16 million) grant from a Saudi Arabian educational partnership , according to ap. Oxford, Stanford and Texas A&M will also receive money from the King Abdullah University of Science and Technology's Global Research Partnership, which Cornell says will be spread out over five years. About 40 universities applied for the grants. The center will study nanomaterials for the use in oil recovery, carbon dioxide capture and sequestration, water desalination, and photovoltaics and solid state lighting.