VZ · News · 20260923N
AI Workforce Transformation
VERIZON COMMUNICATIONS INC · 2026-09-23 · Importance 34 · Surprise 42 · In source text
Verizon announced a $70 million nationwide investment in the Verizon AI Skills for America initiative on September 23, 2026. The program will provide free access to premium AI training from IBM, Google, and Microsoft for job seekers, small businesses, and educators, supported by community organizations including LISC and Goodwill. Verizon also committed a $1 million grant to Liberty Science Center in Jersey City, New Jersey, for interactive AI-skilling education and public-access technology programming.
Key facts
- Verizon announced a $1 million grant to the Liberty Science Center in Jersey City, NJ in conjunction with the launch of Verizon AI Skills for America. source
- Verizon is scheduled to release its third-quarter results on October 20, 2026, before the market opens, with a conference call at 8:30 a.m. ET. source
- Verizon is investing $70 million in a nationwide effort to provide AI training to job seekers, small business and educators. source
- Verizon is investing $70 million in its new "Verizon AI Skills for America" initiative to equip job seekers, small businesses, and educators with AI skills. source
- The Verizon AI Skills for America program combines existing funds with new investment to provide free access to premium AI training resources from IBM, Google, and Microsoft. source
- The Verizon AI Skills for America initiative emphasizes community partnerships with organizations like LISC and Goodwill to offer localized support and coaching. source
- Verizon recently declared a quarterly dividend of $0.7075 per share, yielding 6.1%.
- Kyle Malady sold 1,100 shares of company stock for $52,415 as part of a pre-arranged trading plan, reducing his ownership by 1.04% to 104,366 shares (MarketBeat report). source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| operating_income | negative | committed | -0.2% | Verizon is investing $70 million in a nationwide effort to provide AI training to job seekers, small business and educators. |
| cash | negative | committed | -0.0% | Verizon is investing $70 million in a nationwide effort to provide AI training to job seekers, small business and educators. |
| operating_income | negative | committed | 0.0% | Verizon announced a $1 million grant to the Liberty Science Center in Jersey City, NJ in conjunction with the launch of Verizon AI Skills… |
| cash | negative | committed | 0.0% | Verizon announced a $1 million grant to the Liberty Science Center in Jersey City, NJ in conjunction with the launch of Verizon AI Skills… |