Billion-Dollar Fund Fuels AI Tools for Frontline Workers
Summary
A $1 billion fund launches NextLadder Ventures to develop AI tools over 15 years, partnering with Anthropic, to aid frontline workers like public defenders, parole officers, and social workers in spurring economic mobility through grants and investments in nonprofits and for-profits.
Key Points
- Funders commit $1 billion over 15 years to develop artificial intelligence tools for frontline workers like public defenders, parole officers, and social workers.
- The new entity NextLadder Ventures will offer grants and investments to nonprofits and for-profits to create tools aimed at spurring economic mobility.
- NextLadder will partner with AI company Anthropic to provide technical expertise and access to technologies for the organizations it funds.