BNY and Cummins College launch Shakti Alliance to advance women in technology

October 11, 2026 - 22:33

The Bank of New York and Cummins College of Engineering for Women have announced a new joint effort called the Shakti Alliance. This multi-year initiative aims to support the growth of future women leaders in technology by investing in education focused on artificial intelligence and engineering.

The program is structured to provide students with direct exposure to emerging tools and real world applications in the tech field. It combines academic learning with practical experience, giving participants a stronger foundation as they prepare for careers in a rapidly changing industry.

Leaders from both organizations said the partnership reflects a shared commitment to closing the gender gap in technical fields. By creating dedicated pathways for women to develop skills in AI and related disciplines, the alliance hopes to increase representation in roles that are shaping the future economy.

The Shakti Alliance will include mentorship opportunities, specialized coursework, and industry engagement designed to connect students with professionals already working in technology. Organizers believe this approach will help participants build both confidence and competence as they enter the workforce.

The initiative is expected to run for several years, with plans to expand its reach and impact over time.