Bipartisan Nonprofit RAISE US Launches With $500M From OpenAI, Amazon, and Microsoft to Retrain AI-Displaced Workers
Summary
A new bipartisan nonprofit, RAISE US, launches with $500 million from OpenAI, Amazon, Microsoft, and others to retrain workers displaced by AI, with ambitious plans to raise $1 billion — though its own leaders warn it may not be enough.
Key Points
- A new bipartisan nonprofit called RAISE US launches with $500 million in funding from major corporations including Anthropic, OpenAI, Amazon, Microsoft, and Bank of America to retrain workers displaced by the AI boom.
- Led by former Democratic Governor Gina Raimondo and former Republican Governor Eric Holcomb, the group partners with governors from both parties to pilot workforce programs, including expanding service-year opportunities and modernizing unemployment insurance for career-switching workers.
- RAISE US aims to raise $1 billion total over three to four years, but its leaders warn even that amount may be insufficient to address the scale of AI-driven workforce disruption facing the country.