AI job displacement is forcing a $500 million response in the United States. A new bipartisan nonprofit called RAISE US launches with half a billion dollars to retrain workers pushed out by artificial intelligence. Former Commerce Secretary Gina Raimondo and ex-Indiana Governor Eric Holcomb co-founded the group to work directly with states and corporations.
In This Article
Key Highlights
- RAISE US launches with over $500 million in committed funding
- Co-founded by former Commerce Secretary Gina Raimondo and ex-Indiana Governor Eric Holcomb
- Organisation will partner with state governments and private corporations to deliver worker retraining programs
RAISE US Launches $500 Million AI Job Displacement Fund
AI job displacement is no longer a forecast. RAISE US, a newly formed bipartisan nonprofit, goes live in 2026 with over $500 million targeting workers who have already lost or will lose their jobs to artificial intelligence automation. Gina Raimondo, who led the US Commerce Department, and Eric Holcomb, who governed Indiana, built the organisation to cut through political gridlock and deliver retraining at scale. The group plans direct collaboration with state governments and major corporations to fund and run upskilling programs.
AI Job Displacement Is Hitting Workers Faster Than Policy Can Respond
AI job displacement is accelerating across industries, from manufacturing floors to white-collar office roles. Tech giants, logistics companies, and financial firms are deploying automation tools that eliminate entire job categories within months. RAISE US positions itself as the bridge between displaced workers and new employment opportunities. The nonprofit model allows faster deployment of funds than federal legislation typically permits. India-based IT service exporters watching the US market closely will note the urgency, as their own clients are automating back-office roles that Indian workers currently support.
“Workforce transition at this speed requires private capital moving faster than government budgets can cycle. Five hundred million dollars is a strong signal, but the real test is execution at the state level.” — Industry Analyst, Telecom Sector
What Happens Next
RAISE US begins rolling out state-level partnerships through 2026, with corporations expected to co-fund retraining programs alongside the nonprofit’s seed capital. AI job displacement will remain the central target, with early programs likely focusing on sectors where automation is already eliminating roles at volume. Raimondo and Holcomb are expected to announce corporate partners and specific state agreements in the coming weeks. Workers in logistics, customer service, and data entry stand first in line for retraining access.
Sources: GSMA ↗ | COAI ↗ Economic Times India
People Also Ask
- What is RAISE US and what does it do? RAISE US is a bipartisan nonprofit co-founded by Gina Raimondo and Eric Holcomb. It launched in 2026 with over $500 million to retrain workers displaced by artificial intelligence automation.
- Who is funding the RAISE US nonprofit? RAISE US launched with over $500 million in initial funding. The organisation plans to bring in additional capital through partnerships with private corporations and state governments across the United States.
- How will RAISE US help workers affected by AI automation? RAISE US will work with state governments and corporations to deliver structured retraining programs. Workers in customer service, logistics, and data roles are expected to receive early access to upskilling resources.
