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Verizon Targets AI Skills Gap With $70 Million Training Initiative

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Verizon Targets AI Skills Gap With $70 Million Training Initiative

Verizon said it is spending $70 million to teach artificial intelligence (AI) skills to American workers and businesses.

AI Skills for America, announced by the telecom company on Wednesday (Sept. 23), is designed for job seekers, small businesses, early career professionals and displaced workers.

“Strengthening the American economy starts with making sure every individual has the opportunity to adapt and succeed in a rapidly changing world. AI isn’t just a technological shift—it will change the face of every workforce around the world,” Dan Schulman, Verizon CEO, said in a news release.

“Companies, working closely together and with the public sector, have a responsibility to invest in people with the same urgency they invest in technology,” he added.

According to the release, the program combines existing $20 million Reskilling and Career Transition Fund for departing workers with $50 million in new funding to offer access to AI skills training at no charge to learners.

The company said it is also curating a portal providing training information from AI experts including Anthropic, Coursera, Google, IBM, Microsoft and OpenAI at no cost.

“This type of premium AI training can cost more than $700 per person per year,” the release added. “By providing these resources for free, Verizon and its partners are helping bridge the skills gap for learners at every career stage—including students, job seekers, small businesses, educators, and transitioning professionals.”

In related news, PYMNTS spoke Wednesday with WorkWhile CEO Simon Khalaf , who offered a counter to arguments about AI and labor focused on how many jobs machines will take.


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