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NEW YORK - Kyndryl (NYSE:KD), the $6.9 billion IT services giant with annual revenues exceeding $15 billion, and its foundation have joined the White House’s Pledge to America’s Youth: Investing in Artificial Intelligence (AI) Education, the company announced Monday.
The IT infrastructure services provider, which InvestingPro analysis indicates is currently trading below its Fair Value, is part of a coalition of more than 60 U.S. organizations committed to supporting AI education initiatives for young Americans.
"We believe that investing in the nation’s future workforce is an important responsibility and an opportunity to equip students with the skills and confidence they need to navigate the AI era," said Chairman and Chief Executive Officer Martin Schroeter in the press release.
The pledge supports President Trump’s vision of Advancing Artificial Intelligence Education for America’s Youth, which aims to provide students with opportunities to develop skills for using and creating next-generation AI technologies.
Kyndryl will work alongside the White House Task Force on Artificial Intelligence Education to help make AI education accessible to K-12 students throughout the United States.
The initiative represents a coordinated effort between government and private sector organizations to prepare American youth for careers in the rapidly evolving field of artificial intelligence.
Kyndryl describes itself as the world’s largest IT infrastructure services provider, offering advisory, implementation and managed services to customers in more than 60 countries. Despite recent market volatility, with shares down 28% over the past six months, InvestingPro data shows the company maintains strong market presence with 12 additional key insights available to subscribers.
In other recent news, Kyndryl Holdings reported its first-quarter earnings for fiscal year 2026. The company’s earnings per share (EPS) met analysts’ expectations at $0.37, but it missed the revenue forecast, reporting $3.74 billion compared to the anticipated $3.83 billion. This revenue shortfall represented a surprise of -2.35%. In addition to its earnings report, Kyndryl announced an expansion of its strategic alliance with Hewlett Packard Enterprise (HPE). This partnership aims to enhance the adoption of HPE Private Cloud AI, a solution co-developed with NVIDIA, by offering AI private cloud services and accelerators. Furthermore, Kyndryl has entered into a strategic collaboration with Nova Intelligence. This partnership is designed to accelerate AI-driven SAP digital transformation projects, combining Kyndryl’s SAP modernization services with Nova Intelligence’s AI solutions. These recent developments highlight Kyndryl’s continued focus on expanding its technological partnerships and service offerings.
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