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Big Tech's AI Skills Push: How Google, Adobe, and IBM Are Training Tomorrow's Workforce
As artificial intelligence reshapes industries, tech giants are stepping up to equip the workforce with essential AI skills. Google, Adobe, and IBM are leading this educational push with substantial investments in AI training programs aimed at government workers, students, and professionals. These initiatives not only bridge critical skills gaps but also ensure that more people are prepared to leverage AI’s transformative potential.
Google’s $75 Million AI Education Initiative
Google has made a substantial commitment to AI literacy with a $15 million grant to two nonprofit organizations—The Partnership for Public Service and InnovateUS—as part of its broader $75 million AI Opportunity Fund.
The Partnership for Public Service will use $10 million to launch the Center for Federal AI in 2025, which will train government workers on AI use cases and offer internships focused on responsible AI in public service.
InnovateUS, meanwhile, will leverage its $5 million grant to expand free AI courses and workshops to 100,000 public sector workers across over 30 states.
Adobe’s Global Skills Drive for AI and Digital Expertise
Adobe has set an ambitious goal to equip 30 million people with AI, digital marketing, and content creation skills by 2030.
Through an expansion of its Adobe Digital Academy program, the company plans to work with Coursera, schools, and universities to teach students and educators how to use its generative AI tools effectively and responsibly.
IBM’s University Partnerships for AI Career Readiness
IBM is also making strides in AI education, aiming to train 2 million people worldwide in AI skills by 2026.
Through collaborations with universities, IBM will offer courses on generative AI and AI career readiness, bolstered by its SkillsBuild platform, which provides free tech education resources.
IBM’s educational focus emphasizes career pathways in AI, targeting both students and working professionals seeking to enhance their AI knowledge.
These efforts from Google, Adobe, and IBM illustrate how tech giants are shaping the future workforce by investing in AI education, addressing critical skill gaps, and ensuring that AI’s benefits reach diverse industries and sectors.
AI Stock Pick of the Week: Deckers Outdoor (DECK)
On October 26, DECK received a Buy rating with a target price of $203.24. The stock is currently trading at $168.11 after beating earning expectations.
This recommendation is based on multiple positive indicators, including a month-over-month increase in Instagram followers, stronger financial performance, rising sentiment on popular stock forums, improved business outlook among employees, and a spike in web traffic.
The conviction level for this pick is medium, given the moderate availability of alternative data.
Remember the average price target is $176.32 with a high forecast of $226.00 and a low forecast of $147.83.
DECK has an 8.00% probability advantage of outperforming the S&P 500 over the next three months. This advantage reflects the difference between DECK’s 42.55% likelihood of beating the market and the 34.55% average probability for all U.S. stocks, as estimated by Danelfin AI's in-depth analysis.
Note: These AI picks are gathered using a number of AI tools and sources.
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Nothing in this newsletter is financial advice. Always do your own research and think for yourself.