Verizon to invest $70 million in AI training effort
- On Wednesday, Verizon announced a $70 million investment to provide AI training for job seekers, small businesses, and educators as the U.S. economy undergoes rapid technological transformation.
- This initiative builds upon a $20 million commitment Verizon made last year to help departing employees gain AI skills following the company's decision to cut 13,000 jobs.
- Partnering with Goodwill Industries, the program draws learning resources from IBM, Google, Anthropic, Microsoft, and OpenAI to reach hundreds of thousands of people.
- Goodwill Industries CEO Steven Preston noted that AI proficiency requirements in job descriptions have 'gone up exponentially,' making training essential for workers to access meaningful roles.
- Verizon CEO Dan Schulman urged other corporate leaders to join the effort, suggesting a 'multibillion-dollar fund' could emerge if every Fortune company contributed $50 million or $70 million.
12 Articles
12 Articles
Verizon Invests $70 Million, Partners With Nonprofits To Launch Nationwide AI Training Programs
Verizon said on Wednesday it would invest $70 million in a nationwide effort to provide AI training to job seekers, small businesses and educators, as the US economy adapts to rapid technological change. The US telecom company is partnering with non-profit programs such as Goodwill Industries and aims to provide AI training to hundreds of thousands of people using training resources from companies including IBM, Google, Anthropic, Microsoft and …
Verizon pledged $70 million to provide free training in artificial intelligence to workers, educators, job seekers and small businesses in the United States.
Verizon Commits $70 Million to Nationwide AI Workforce Training Initiative
Verizon is committing $70 million to a nationwide artificial intelligence skills initiative that will provide free training and community-based support... The post Verizon Commits $70 Million to Nationwide AI Workforce Training Initiative appeared first on citybiz.
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