financetom
Business
financetom
/
Business
/
Cisco to Lead Consortium to Help Retrain Workers Affected by AI
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Cisco to Lead Consortium to Help Retrain Workers Affected by AI
Apr 4, 2024 7:41 AM

10:17 AM EDT, 04/04/2024 (MT Newswires) -- Cisco Systems ( CSCO ) and a group of eight tech-oriented companies on Thursday announced the launch of the AI-Enabled Information and Communication Technology Workforce Consortium with the goal of "reskilling and upskilling" workers impacted by artificial intelligence technologies.

The consortium includes Google ( GOOG ) , Microsoft ( MSFT ) , IBM ( IBM ) , Accenture ( ACN ) , SAP (SAP), Intel ( INTC ) , Eightfold and Indeed, according to the statement.

Working as a private sector collaborative, the consortium will evaluate "how AI is changing the jobs and skills workers need to be successful," the group said.

The first phase of work will culminate in a report with insights for business leaders and workers, with further details to be announced in the coming months, the group said. Findings will be intended "to offer practical insights and recommendations to employers that seek ways to reskill and upskill their workers in preparation for AI-enabled environments," the group said

Consortium members said they hope to train around 100 million workers in digital skills including AI and cybersecurity in the years ahead.

Price: 49.40, Change: +0.66, Percent Change: +1.35

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Guidewire Software Insider Sold Shares Worth $705,150, According to a Recent SEC Filing
Guidewire Software Insider Sold Shares Worth $705,150, According to a Recent SEC Filing
Jul 2, 2025
06:01 PM EDT, 07/02/2025 (MT Newswires) -- John P Mullen, President, on July 01, 2025, sold 3,000 shares in Guidewire Software ( GWRE ) for $705,150. Following the Form 4 filing with the SEC, Mullen has control over a total of 146,489 common shares of the company, with 146,489 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1528396/000152839625000171/xslF345X05/wk-form4_1751493498.xml ...
Exxon, QatarEnergy JV asks US regulators for permission to re-export LNG from October 1
Exxon, QatarEnergy JV asks US regulators for permission to re-export LNG from October 1
Jul 2, 2025
HOUSTON (Reuters) -Golden Pass LNG, which is owned by Exxon Mobil and QatarEnergy, has asked U.S. regulators for permission to re-export liquefied natural gas from October 1, as the export plant nears production after previous delays. The company said it wants to re-export a cargo of LNG that it plans to import to cool down its export plant in Texas,...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
ResMed Insider Sold Shares Worth $997,892, According to a Recent SEC Filing
ResMed Insider Sold Shares Worth $997,892, According to a Recent SEC Filing
Jul 2, 2025
06:00 PM EDT, 07/02/2025 (MT Newswires) -- Brett Sandercock, Chief Financial Officer, on July 01, 2025, sold 3,883 shares in ResMed ( RMD ) for $997,892. Following the Form 4 filing with the SEC, Sandercock has control over a total of 84,283 common shares of the company, with 84,283 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/943819/000094381925000025/xslF345X05/form4.xml ...
Copyright 2023-2025 - www.financetom.com All Rights Reserved