Billionaire investor Robert F. Smith is making a powerful move to ensure that students at Historically Black Colleges and Universities (HBCUs) are at the forefront of the generative AI revolution. Through his company, Stats Perform, Smith has launched new curricula focused on generative AI at Morehouse College and Spelman College, aiming to equip students with the skills needed for the rapidly evolving tech landscape.
Positioning HBCUs for the AI Era
Generative AI, which creates original content like text, images, and code from user prompts, is rapidly transforming industries. Smith, founder, chairman, and CEO of Vista Equity Partners, highlighted how his organization is already leveraging this technology to lead in various sectors. He emphasized his unique access to resources from tech giants like Amazon, Microsoft, and Google, enabling his portfolio companies to be early adopters of AI-enabled products.
However, Smith is keenly aware of the potential downsides. A McKinsey & Company study estimates that automation could displace around 132,000 jobs held by Black workers by 2030. To counteract this, Smith hopes the new curricula at Morehouse and Spelman will help mitigate the technology’s impact on the racial wealth gap, fostering opportunities rather than displacement.
InternXL: Free AI Learning and Career Readiness
Beyond the college curricula, Smith has also established InternXL, an AI-driven learning platform. This initiative, part of the Fund II Foundation where Smith serves as founding director, offers thousands of courses on technical skills, certifications, and career readiness – all completely free of charge. The platform aims to empower students to understand and embrace AI, build essential skill sets, and become more effective entrepreneurs.
During the 2025 ForbesBLK Summit, Smith passionately discussed the importance of understanding and adopting new technologies. He expressed a strong desire for more individuals within the Black community to develop unique skills and deliver platforms that create opportunities, ensuring that the advancements in AI benefit everyone.
What are your thoughts on Robert F. Smith’s initiative to bring generative AI education to HBCUs? How do you see AI impacting future job markets? Share your views in the comments below!