Microsoft (MSFT, Financial) has announced a substantial investment of over $4 billion over the next five years to boost artificial intelligence (AI) education and research. This initiative, named the "Microsoft Elevate Plan," aims to enhance AI literacy across K-12 schools, community and technical colleges, and nonprofit organizations. Led by Microsoft President Brad Smith, the investment will be in the form of cash, AI, and cloud technology resources.
This commitment underscores Microsoft's dedication to advancing AI capabilities and preparing a diverse workforce for the future. The strategic focus on education highlights the company's efforts to build foundational AI skills from an early age, ensuring that students and educators are equipped to leverage AI technologies effectively. The "AI Economic Research Institute" will further support research and development in the AI field, fostering innovation and collaboration.