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Microsoft Launches $4 Billion Initiative for AI Training
UNITED STATES, JUL 9 – Microsoft Elevate will train 20 million people, including 400,000 teachers, with $4 billion in funding to expand AI skills and prepare the workforce for AI-driven changes, officials said.
- On Wednesday, Microsoft revealed Microsoft Elevate, a five-year, $4 billion global program designed to help 20 million individuals develop expertise in artificial intelligence.
- This announcement follows roughly 15,000 global layoffs since May, which Microsoft President Brad Smith said were not directly linked to AI investments but reflect workforce reshaping.
- Microsoft Elevate will contribute cash and technology donations to nonprofits, educational institutions, and labor organizations, hire approximately 300 staff members, and collaborate globally to enhance AI education and skill development.
- Microsoft President Brad Smith emphasized the importance of making AI widely accessible to students, educators, businesses, and consumers to help them adapt to a rapidly evolving workforce and economic landscape driven by technological advancements.
- The initiative implies Microsoft aims to balance required workforce reductions with accelerating AI skill development to help people adapt to shifts driven by AI and infrastructure investments.
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23 Articles
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