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Funders commit $1B toward developing AI tools for frontline workers

UNITED STATES, JUL 17 – A $1 billion, 15-year initiative aims to reduce administrative burdens for frontline workers serving over 90 million low-income Americans, supporting improved social and economic outcomes.

  • On Thursday, the Gates Foundation, Ballmer Group, and other funders launched NextLadder Ventures, a $1 billion, 15-year initiative to create AI tools for frontline workers helping Americans in precarious situations.
  • This initiative responds to insufficient capital for solutions aimed at low-income Americans and those managing large caseloads with limited resources, focusing on spurring economic mobility.
  • NextLadder Ventures, headed by Ryan Rippel—former leader of the Gates Foundation’s economic mobility efforts—plans to provide funding through a mix of grants, investments, and flexible financing options to both nonprofit organizations and businesses.
  • Anthropic, the inaugural AI partner, has pledged about $1.5 million annually to provide technical expertise and Claude credits, while funders stress that frontline workers will shape all AI tools developed.
  • By involving vulnerable communities in AI development and prioritizing tools that aid rather than replace frontline staff, the funders aim to reduce risks and enable practical pathways to economic opportunity.
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abc News broke the news in United States on Thursday, July 17, 2025.
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