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 >
BRIEF-Consortium Led By Mason Capital Management To Acquire CB&I From McDermott
BRIEF-Consortium Led By Mason Capital Management To Acquire CB&I From McDermott
Oct 7, 2024
Oct 7 (Reuters) - McDermott International Ltd ( MCDIF ) : * CONSORTIUM LED BY MASON CAPITAL MANAGEMENT TO ACQUIRE CB&I FROM MCDERMOTT * MASON CAPITAL MANAGEMENT LLC: PROPOSED DEAL IS AN ALL CASH EQUITY TRANSACTION Source text for Eikon: Further company coverage: ...
BRIEF-Blue Owl Capital To Acquire IPI Partners And To Partner With ICONIQ For Future Growth
BRIEF-Blue Owl Capital To Acquire IPI Partners And To Partner With ICONIQ For Future Growth
Oct 7, 2024
Oct 7 (Reuters) - Blue Owl Capital Inc ( OWL ): * BLUE OWL CAPITAL TO ACQUIRE IPI PARTNERS AND TO PARTNER WITH ICONIQ FOR FUTURE GROWTH * BLUE OWL CAPITAL INC ( OWL ) - DEAL VALUED AT APPROXIMATELY $1 BILLION * BLUE OWL CAPITAL INC ( OWL ): ACQUISITION EXPECTED TO BE NEUTRAL TO CO'S EARNINGS IN 2025...
BRIEF-Butterfly To Acquire Premier North American Luxury Wine Company The Duckhorn Portfolio In $1.95 Billion Transaction
BRIEF-Butterfly To Acquire Premier North American Luxury Wine Company The Duckhorn Portfolio In $1.95 Billion Transaction
Oct 7, 2024
Duckhorn Portfolio Inc ( NAPA ): * BUTTERFLY TO ACQUIRE PREMIER NORTH AMERICAN LUXURY WINE COMPANY THE DUCKHORN PORTFOLIO IN $1.95 BILLION TRANSACTION * DUCKHORN PORTFOLIO INC ( NAPA ) - BUTTERFLY TO ACQUIRE DUCKHORN PORTFOLIO IN $1.95 BILLION DEAL * DUCKHORN PORTFOLIO INC ( NAPA ): PROPOSED DEAL FOR $11.10 PER SHARE IN CASH * DUCKHORN PORTFOLIO INC (...
BRIEF-McDermott Announces Agreement To Sell CB&I Storage Business Line To Consortium Of Financial Investors
BRIEF-McDermott Announces Agreement To Sell CB&I Storage Business Line To Consortium Of Financial Investors
Oct 7, 2024
Oct 7 (Reuters) - McDermott International Ltd ( MCDIF ) : * MCDERMOTT ANNOUNCES AGREEMENT TO SELL CB&I STORAGE BUSINESS LINE TO CONSORTIUM OF FINANCIAL INVESTORS * MCDERMOTT INTERNATIONAL LTD ( MCDIF ) - EXPECTS $475 MILLION PROCEEDS FROM CB&I SALE * MCDERMOTT INTERNATIONAL LTD ( MCDIF ) - SALE PROCEEDS TO REPAY CB&I TERM LOAN AND REDUCE MCDERMOTT DEBT...
Copyright 2023-2026 - www.financetom.com All Rights Reserved