The Gates Foundation is pledging to spend at least $1 billion over the next two years on artificial intelligence for health workers, farmers and teachers, largely in the world’s poorest countries, funding AI tools for people the market would otherwise overlook.

The bet is that AI can help reaccelerate the world’s progress against child mortality, poverty and disease, which has slowed sharply as governments cut global health funding.

The Seattle-based foundation’s new financial commitment, released Monday evening in conjunction with its 10th annual Goalkeepers Report, illustrates the double-edged sword of AI at a moment when the U.S. in…

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