Machine Learning

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Tech Giants Fund $500M Initiative to Retrain Workers Displaced by AI They're Deploying

Tech Giants Fund $500M Initiative to Retrain Workers Displaced by AI They're Deploying

Jun 26, 2026
The Deep View

Tech giants OpenAI, Amazon, Microsoft, Google, and Anthropic are funding a $500 million nonprofit initiative called Raise Us to retrain American workers displaced by the very AI technology these companies are deploying, launching pilot programs across four states in a move that acknowledges growing tension between AI-driven layoffs and long-term …

Former U.S. Officials Launch Billion-Dollar Nonprofit to Prepare American Workers for AI-Driven Economy

Former U.S. Officials Launch Billion-Dollar Nonprofit to Prepare American Workers for AI-Driven Economy

Jun 26, 2026
Yahoo Finance

Former U.S. Secretary of Commerce Gina Raimondo and former Indiana Governor Eric Holcomb launch RAISE US, a billion-dollar nonpartisan nonprofit backed by Amazon, Microsoft, and Anthropic, aimed at preparing American workers for an AI-driven economy through state partnerships, employer coalitions, and AI-powered career navigation tools.

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