US telco Verizon to invest $70 mn in nationwide AI skilling initiative
NEW DELHI: Verizon said on Wednesday that it is investing $70 million cumulatively as part of a nationwide initiative to provide jobseekers, displaced workers, and small businesses with artificial intelligence (AI) skills. Verizon last year committed $20 million to help departing employees gain AI skills after announcing plans to cut 13,000 jobs. The new initiative adds a further $50 million. The US telecom operator last year committed $20 million under the “Reskilling and Career Transition Fund” to help departing employees gain AI skills following its plans to cut 13,000 jobs. This new initiative adds another $50 million.
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US telco Verizon to invest $70 mn in nationwide AI skilling initiative Why it matters: Research is showing an AI research workflow in production, which can help builders reason about eval discipline, tool use, and where agent systems create leverage in high-stakes domains. S...
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