Key Points:
- Robert F. Smith and will.i.am team up to launch an AI education initiative, merging InternXL with FYI to close the AI skills gap.
- Their partnership aims to equip students with essential AI tools, addressing industry demands and fostering career success.
- Smith’s Fund II Foundation and FYI collaborate to empower communities with equitable access to AI-driven career opportunities.
In a strategic alliance aimed at tackling the growing demand for AI skills in today’s job market, music icon will.i.am has joined forces with Robert F. Smith, America’s wealthiest Black billionaire, to launch an ambitious educational initiative.
The collaboration merges Smith’s internXL program with will.i.am’s AI platform FYI, promising to equip students with essential tools for success in an AI-driven economy.
Smith’s Fund II Foundation and FYI partner to bridge AI skills gap
The initiative underscores a shared commitment to address the widening skills gap in Artificial Intelligence (AI). InternXL, a flagship program of Smith’s Fund II Foundation, specializes in matching employers with entry-level candidates through advanced AI algorithms. Meanwhile, FYI, co-founded by will.i.am and tech entrepreneur Sunil Reddy, focuses on preparing students with AI skills crucial for future career success.
“This collaboration is a dream come true,” expressed will.i.am, emphasizing the transformative potential of purpose-driven technology. “We are shaping tomorrow’s workforce by providing cutting-edge AI tools that empower our communities.”
Meeting future needs
InternXL not only facilitates job placements but also offers tailored support services to candidates needing additional assistance, according to a press release. This aligns with Smith’s dedication to empowering underserved communities by providing equitable access to career opportunities.
Experts highlight the critical importance of AI education as industries increasingly integrate AI technologies. Smith, acknowledging this trend, remarked, “Our partnership aims to ensure every motivated student can access life-changing career paths, akin to my own formative internship experiences.”
Smith retains top spot, while.i.am eyes tech education
Robert F. Smith, founder and CEO of Vista Equity Partners, remains America’s wealthiest Black billionaire, with a net worth of $11.4 billion. Smith, known for his focus on fostering student development through initiatives like InternXL, recently reclaimed his top spot as the richest Black billionaire in the U.S. after a month-long reign of David Steward.
will.i.am, known for his music career and tech ventures, recently expanded his portfolio by investing in Jetson Inc., a California-based aviation company. His commitment to advancing technology aligns with his vision for preparing youth for the challenges of tomorrow’s economy.
The collaboration between will.i.am and Smith signifies a milestone in AI education, positioning students to lead in a rapidly evolving job market. As AI continues to shape industries worldwide, initiatives like InternXL and FYI are pivotal in ensuring that today’s students are prepared to innovate and succeed.
