AI vendors offer to help fix the job havoc they created
Summary
Raise Us has launched as a nonpartisan nonprofit to help workers adapt to an AI-driven economy. The group is partnering with major tech companies, employers, state governments, and training organizations to design retraining and redeployment programs. It has already secured more than $500 million and wants to reach $1 billion in commitments. Analysts question whether the effort will produce measurable action or mainly serve as AI industry PR. The initiative could still become a channel for workforce training pilots and employer-facing transition programs.
Funding
Amount
$500.0M
Total raised
Date
August 1, 2024
Announcement date
Investors
Cisco, Microsoft, IBM
Lead investors
Company
raiseus.ai
Funded company
Classifications
industries
No industries detected
applications
No applications detected
AI Classifications
Labels
No AI classifications detected