Economic Times Tech
6/26/2026
RAISE US launches $500M initiative to retrain workers displaced by AI
Original: AI is plowing through the workplace. This new group wants to help people adapt and have jobs
Short summary
RAISE US, a newly formed $500M bipartisan nonprofit led by former Commerce Secretary Gina Raimondo and ex-Governor Eric Holcomb, is launching to address anticipated job losses from AI advancement. The organization plans to collaborate with states and corporations on worker retraining and upskilling programs. This signals growing policy-level recognition of AI's workforce displacement and the need for proactive adaptation strategies.
- •$500M nonprofit launching to address AI-driven job displacement
- •Partnership model with states and corporations for worker retraining
- •Signals policy-level recognition of AI's workforce impact
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