Former Commerce Secretary Gina Raimondo and former Indiana Gov. Eric Holcomb are launching Raise Us, a $500 million effort — with help from Anthropic and OpenAI's Foundation — to help states and employers prepare workers for an AI economy. Corporate participants include Amazon, IBM, Microsoft, Bank of America, Eli Lilly and more, as well as various state governments, educators and philanthropists. The group has already secured $500 million and hopes to raise $1 billion. The money will support programs including a startup accelerator for displaced workers or paid service years for high school graduates. The initiative will start in four states, where governments and employers will test policies including wage insurance, incentives for companies to retrain workers instead of laying them off, AI-powered career coaching and short-term credential programs. Raise Us will also include a policy lab studying AI's impact on the labor market that will not receive corporate funding. The initiative comes after Raimondo said an AI economy crisis is coming and "there's no obvious solution." Anthropic CEO Dario Amodei has repeatedly doubled down on concerns that AI could cause a "white-collar bloodbath."