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 >
BK Technologies Gets Portable Radios Orders Worth $9.1 Million
BK Technologies Gets Portable Radios Orders Worth $9.1 Million
May 29, 2024
10:30 AM EDT, 05/29/2024 (MT Newswires) -- BK Technologies ( BKTI ) said Wednesday it received two orders with a combined value of $9.1 million from the California Department of Forestry and Fire Protection to purchase BKR 5000 portable radios. The orders are part of the California Department of Forestry and Fire Protection's, or CAL FIRE's, life cycle replacement program,...
US tells owners to stop driving older Nissan vehicles over air bag concerns
US tells owners to stop driving older Nissan vehicles over air bag concerns
May 29, 2024
WASHINGTON, May 29 (Reuters) - Owners of nearly 84,000 older Nissan ( NSANF ) vehicles in the United States equipped with recalled, unrepaired Takata air bags should immediately stop driving them due to a safety hazard, the U.S. National Highway Traffic Safety Administration said on Wednesday. The agency made its announcement after the Japanese automaker issued a warning on Wednesday...
Mullen Automotive Secures Order For 40 Mullen-GO Urban Delivery Vehicles
Mullen Automotive Secures Order For 40 Mullen-GO Urban Delivery Vehicles
May 29, 2024
10:27 AM EDT, 05/29/2024 (MT Newswires) -- Mullen Automotive ( MULN ) said Wednesday Antidoto will initially order 40 Mullen-GO urban delivery vehicles for 2024, with a minimum order of 180 units projected for next year. The initial order is valued at $440,000, Mullen said. Antidoto designs pizza ovens for delivery vehicles and installs warming ovens in various types of...
Onfolio Holdings' RevenueZen Unit Acquires First Page Strategy Assets
Onfolio Holdings' RevenueZen Unit Acquires First Page Strategy Assets
May 29, 2024
10:28 AM EDT, 05/29/2024 (MT Newswires) -- Onfolio Holdings ( ONFO ) said Wednesday its RevenueZen subsidiary has acquired substantially all of the business assets of First Page Strategy, a privately held search engine optimization and advertising consulting firm. The asset purchase deal included a nominal cash down payment, Onfolio ( ONFO ) said, with the rest of the undisclosed...
Copyright 2023-2026 - www.financetom.com All Rights Reserved