International Business Machines Corp. IBM said Monday it is committing to training 2 million people in artificial-intelligence technologies over the next three years, and offering course accreditation for its products. IBM shares closed Monday down 0.6% at $145.09, while the Dow Jones Industrial Average DJIA rose less than 0.1%. The company said it will focus on under-represented communities, and provide universities access to IBM-led training along with online courses on generative AI and Red Hat open-source tech. The company expects AI and automation will require companies to retrain 40% of their workforce because of expected AI advances over the next three years.
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