💨 Abstract

NextLadder Ventures receives $1 billion in funding to develop AI tools that benefit public defenders, parole officers, and social workers, aiming to enhance economic mobility. Key funders include the Gates Foundation, Ballmer Group, and others. The initiative, led by Ryan Rippel, will invest in nonprofits and for-profits to create solutions that ease caseloads and improve resource allocation.

Courtesy: WTOP Staff