Mizuho Americas and Pursuit Launch AI Nonprofit Build Corps
Rhea-AI Summary
Mizuho Americas (NYSE:MFG) and Pursuit launched the AI Nonprofit Build Corps, funded by a three-year FutureReady Grant from the Mizuho USA Foundation to expand AI workforce training and capacity-building in New York City.
The program trains "Pursuit Builders" in AI skills, places them in paid nonprofit assignments, and aims to scale a replicable model connecting AI talent with community organizations.
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Key Figures
Market Reality Check
Peers on Argus
MFG is up 1.43% while peers show mixed moves: ITUB -0.75%, DB -0.87%, PNC +0.08%, USB +0.72%, IBN +0.91%. This points to stock-specific rather than broad sector momentum.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Feb 05 | Project status filing | Positive | -3.1% | Notice of Project Status filing to advance Fenn-Gib Gold Project toward production. |
| Feb 03 | Advisor appointment | Positive | +0.6% | Appointment of strategic advisor to support advancement of Fenn-Gib gold project. |
| Jan 08 | Tech training pilot | Positive | +0.9% | Update on successful Path2TECH NetSA pilot funded by multi-year FutureReady grant. |
| Jan 05 | Grant allocations | Positive | +2.8% | Announcement of $1 million in 2025 grants including FutureReady funding to Pursuit. |
| Nov 12 | Awards recognition | Positive | +1.0% | Recognition of four Mizuho Americas executives at 2025 Women in Finance Awards. |
Recent news for MFG has generally seen modest positive price reactions, with one notable divergence where project advancement news coincided with a negative move.
Over the last few months, MFG-related headlines have spanned community investment, workforce development, capital markets recognition, and project advancement. On Jan 5, 2026, a grants announcement including FutureReady funding for Pursuit saw a 2.83% gain. The Path2TECH pilot update on Jan 8, 2026 and a 2025 awards announcement in November 2025 also drew modest positive reactions. In contrast, a Fenn-Gib project status notice on Feb 5, 2026 coincided with a -3.12% move, showing occasional divergence.
Market Pulse Summary
This announcement highlights Mizuho Americas’ support for AI-focused workforce development via the AI Nonprofit Build Corps, extending earlier FutureReady grant activity. Historically, MFG-related community and technology initiatives, including grants and training programs, have often coincided with modestly positive moves, while some project development news saw a -3.12% reaction. Investors may watch how such AI and community investments intersect with capital actions disclosed in recent 424B2 and 6-K filings.
Key Terms
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AI-generated analysis. Not financial advice.
An innovative new AI training initiative supported by a Mizuho USA Foundation FutureReady Grant
NEW YORK, Feb. 11, 2026 (GLOBE NEWSWIRE) -- Mizuho Americas and Pursuit today announced that Pursuit has received a three-year FutureReady Grant from the Mizuho USA Foundation to expand opportunity through technology and workforce innovation across New York City.
“AI is rapidly reshaping every job, not just those in tech,” said Nick Simmons, CEO of Pursuit. “The AI Nonprofit Build Corps ensures that communities who have historically been left out of tech revolutions are equipped to lead in this one. With Mizuho’s partnership, we’re proving that AI-powered workforce pathways can strengthen both people and the organizations that serve our city.”
Supported by Mizuho Americas’ signature grant, the AI Nonprofit Build Corps is a new initiative offering a training program that prepares participants to become AI-native experts, known as Pursuit Builders. Following their completion of the program, Builders take assignments at nonprofit organizations, helping them to develop and implement impactful AI capacity while gaining paid, hands-on experience applying AI to real-world challenges.
“Mizuho is committed to investing in the future of work in ways that are both innovative and inclusive,” said John Buchanan, Chief Information Officer, Mizuho Americas and Mizuho USA Foundation board member. “By supporting the AI Nonprofit Build Corps initiative, we’re helping AI adoption expand opportunity for organizations that serve our communities and for New Yorkers ready to contribute to an AI-enabled economy.”
The AI Nonprofit Build Corps initiative simultaneously addresses two urgent needs. Entry-level roles across industries increasingly require AI skills while traditional pathways to those jobs are becoming harder to access, particularly for New Yorkers from economically disadvantaged communities. At the same time, nonprofits serving those communities often lack technical expertise required to modernize their operations and respond to increased demand for their services.
By connecting AI-native talent with community-based organizations, AI Nonprofit Build Corps can create a bridge between workforce opportunity and social impact.
The program creates a virtuous cycle:
- Builders gain paid, real-world experience applying AI in professional settings, building portfolios, confidence, and networks that accelerate long-term career mobility.
- Nonprofits gain practical AI capacity that strengthens their operations, service delivery, and ability to meet community needs.
- New York City benefits from a stronger workforce and a more resilient social sector—helping ensure the AI economy supports broad-based growth rather than leaving communities behind.
"New York is one of the world's great innovation centers, and it is also home to a valuable nonprofit ecosystem that underpins economic mobility," said Liz Ceisler, Chief Human Resources Officer, Mizuho Americas, and Chair of the Mizuho USA Foundation. "We're proud to partner with Pursuit to bring AI-enabled talent into that ecosystem while supporting the training and development of AI-ready professionals."
The AI Nonprofit Build Corps will be launched in New York City and is designed for scale, creating a replicable model for how AI-native workforce development and community-based organizations can grow together.
About Pursuit
Pursuit is a New York City–based nonprofit that creates pathways to economic mobility by training adults with the greatest need and potential for AI-enabled careers. Since 2012, Pursuit has invested in individuals from low-income communities—
About Mizuho
Mizuho Financial Group, Inc. is one of the largest financial institutions in the world as measured by total assets of ~
Mizuho Americas is a leading Corporate and Investment Bank (CIB) that provides a full spectrum of client-driven solutions across strategic advisory, capital markets, corporate banking, and fixed income and equities sales & trading to corporate, government, and institutional clients in the US, Canada, and Latin America. Through its acquisition of Greenhill, Mizuho enhanced its M&A, restructuring, and private capital advisory capabilities across the Americas, Europe, and Asia. Mizuho Americas employs approximately 4,000 professionals. For more information visit www.mizuhoamericas.com.
For media inquiries, please contact:
Lauren Bellmare
Managing Director, Mizuho Americas
lauren.bellmare@mizuhogroup.com
Caroline Babinski
Associate, Mizuho Americas
caroline.babinski@mizuhogroup.com
FAQ
What is the AI Nonprofit Build Corps launched by Mizuho Americas (MFG) and Pursuit?
How long is the Mizuho USA Foundation FutureReady Grant supporting the Build Corps (MFG)?
Who will benefit from the AI Nonprofit Build Corps program announced by Mizuho Americas (MFG)?
Where will the Mizuho Americas and Pursuit AI Nonprofit Build Corps launch and can it scale beyond NYC?
What outcomes does the Build Corps aim to deliver for participants and nonprofits under Mizuho Americas (MFG)?
