Final answer:
Rice University is situated in Houston, Texas and is known for its exceptional research, teaching, and community-building initiatives like OpenStax.
Step-by-step explanation:
Rice University is located in the vibrant city of Houston, Texas. Recognized as a leading research institution, Rice University prides itself on offering a comprehensive undergraduate education, characterized by its outstanding research opportunities, teaching quality, and efforts toward making a positive impact on society. An integral part of this academic powerhouse includes its initiatives like OpenStax, OpenStax CNX, and OpenStax Tutor, which concentrate on providing free educational resources and promoting an inclusive community of learning and discovery.