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 >
Microsoft says Russian-state sponsored hackers have been able to access internal systems
Microsoft says Russian-state sponsored hackers have been able to access internal systems
Mar 8, 2024
March 8 (Reuters) - Microsoft ( MSFT ) said on Friday that Russian state-sponsored hacking group Midnight Blizzard have gained access to some of its source code repositories and internal systems, after a hack that was detected by the U.S. company in January. The hackers have increased the volume of some aspects of the attack by as much as 10-fold...
Unity Software Insider Sold Shares Worth $6,647,500, According to a Recent SEC Filing
Unity Software Insider Sold Shares Worth $6,647,500, According to a Recent SEC Filing
Mar 8, 2024
09:18 AM EST, 03/08/2024 (MT Newswires) -- Tomer Bar-Zeev, Director, on March 05, 2024, sold 250,000 shares in Unity Software ( U ) for $6,647,500. Following the Form 4 filing with the SEC, Bar-Zeev has control over a total of 5,660,978 shares of the company, with 1,162,832 shares held directly and 4,498,146 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1810806/000181080624000064/xslF345X03/wk-form4_1709855748.xml Price: 27.59, Change:...
BP Claws Back $2.3 Million from Dismissed CEO Bernard Looney; Posts Higher Emissions in 2023
BP Claws Back $2.3 Million from Dismissed CEO Bernard Looney; Posts Higher Emissions in 2023
Mar 8, 2024
09:16 AM EST, 03/08/2024 (MT Newswires) -- BP (BP) said Friday in it's annual report it has clawed back 1.8 million British pounds ($2.3 million) from the 2023 pay package of former CEO Bernard Looney, who resigned in September 2023. Looney still received 1.175 million pounds in salary last year, before being formally dismissed in December, but his bonuses and...
Americas Carmart Insider Bought Shares Worth $744,074, According to a Recent SEC Filing
Americas Carmart Insider Bought Shares Worth $744,074, According to a Recent SEC Filing
Mar 8, 2024
09:20 AM EST, 03/08/2024 (MT Newswires) -- Adam K Peterson, 10% Owner, around March 05, 2024, executed a purchase for 12,145 shares in Americas Carmart (CRMT) for $744,074. Following the Form 4 filing with the SEC, Peterson has control over a total of 708,450 shares of the company, with 708,450 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/799850/000139834424005585/xslF345X03/fp0087501-1_4.xml Price: 59.16, Change: -3.14,...
Copyright 2023-2025 - www.financetom.com All Rights Reserved