Goldman Sachs CEO David Solomon unveiled a $500 million commitment to bring AI training to small business owners at the launch of the bank’s new Small Business AI Institute on Thursday.
\n\nFortune reports that Solomon announced Goldman Sachs’ commitment alongside four technology partners: Anthropic, Google, Meta and OpenAI. The money will fund the next phase of Goldman’s 10,000 Small Businesses program, which has graduated nearly 20,000 entrepreneurs since it launched in 2010 as part of an earlier $1.25 billion pledge. The next chapter will focus on education, access to capital and support services.
\n\nSolomon said small businesses make up 99 percent of U.S. businesses, calling them a “hugely important ecosystem.” The new institute has three parts: training and learning programs run by each partner company, research into how small businesses use AI, and expanded access to capital.
\n\nEach partner has a different job. Anthropic will build a learning series on applied AI for small businesses, run hands-on workshops for program alumni and research how small businesses use AI. Google will give nearly 20,000 small-business owners and employees its Grow with Google AI Professional certificate, plus three months of free access to Google AI Pro. Meta will offer AI tools and…
Original source: https://www.breitbart.com/tech/
