NEW DELHI: Sundar Pichai, the CEO of Alphabet and Google, has announced the creation of a new USD 100 million Google Career Certificates Fund to train a competent workforce for high-paying, high-growth occupations in disciplines such as data analytics, IT support, project management, and user experience design.
He stated that the goal is for 'Social Finance' to reach over 20,000 American workers.
Pichai said in a statement late Thursday that "this investment in America's future has the potential to drive USD 1 billion in wage gains." So far, about 70,000 Americans have earned Google Career Certificates.
"They are open to anyone who does not have a college diploma. Within six months, 75% of graduates report witnessing a favourable impact on their career, such as a raise or a new position "Pichai went on to say. He unveiled the fund at a press conference with Alejandra Castillo, the US Assistant Secretary of Commerce for Economic Development, and the CEOs of Social Finance, Merit America, and Year Up.
"I came to America about 30 years ago with a sense of purpose and excitement. And it's what drew me to Google and its ambition to organise the world's knowledge and make it universally useful and accessible "Pichai stated. Google's digital skills initiative has also aided in the training of 8 million Americans across all 50 states.
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