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LinkedIn Utilizes AI to Streamline the Job Search Process

Job Seeker Experience
“We’ve been building with AI since 2007,” its head of product, Tomer Cohen, said in an interview with TechCrunch this week. Below is a run-down of some of the new features:Job searches and job applications: We’re getting a new way to search for jobs using conversational prompts. You can be sure that LinkedIn is pushing its search algorithms to tap into the interest, but it’s also boosting its content with AI in another way. The third big area LinkedIn is leaning heavily on AI is search. Alongside all this, LinkedIn is expanding availability of Recruiter 2024, adding more tools for marketers, and introducing enhanced, premium company pages for small businesses.

“State Your Success: Restate Secures $7M in Funding for Revolutionary Workflows-As-Code Solution”

Founders
The promise of Restate is that it is so fast and lightweight that it will allow developers to use it where traditional workflow systems would’ve been too slow and resource-intensive. The open-source platform Temporal, for example, offers a somewhat similar feature set, though the Restate team would likely argue that its system is faster and more lightweight. Virtually every modern application today consists of chains of workflows that are handled by a distributed set of services that have to reliably talk to each other. He believes this will make the service usable in situations where you’d not classically use a workflow engine — think e-commerce shopping carts, for example. “[Restate] does the classical workflows code things, just on an extremely lightweight foundation — and it goes a little further than just standard workflow use cases.

Cognigy Secures Funding to Expand Contact Center Automation Enterprise

Call Center
“Big tech companies have ‘mis-set’ expectations when it comes to AI,” Heltewig told TechCrunch. According to one survey, over half of businesses have already invested in AI capabilities to support their customer service operations. Per market research firm Markets and Markets, revenue in the market for call center AI alone is set to climb from $1.6 billion in 2022 to $4.1 billion by year-end 2027. And it’s scalable; Cognigy manages AI agents that can handle up to tens of thousands of customer conversations at once. Image Credits: Cognigy“Cognigy provides a platform to build, operate and analyze AI agents for customer experiences in the contact center,” Heltewig said.

“Raising $14M: Fractional Property Investment Platform Set to Expand into Saudi Arabia and Abu Dhabi”

Founders 1 From Google Drive
The UAE is home to most of its customers, and people from Saudi Arabia and Kuwait form the bulk of its international customer base. Entering Saudi ArabiaStake claims it has surpassed Dubai-based fractional property investment platforms like Smartcrowd, but it will be starting afresh in Saudi Arabia. Property investment companies therefore set up special purpose vehicles through which they let investors buy real estate. “Saudi Arabia has properties that are recently completed and under development that are worth billions. We are going to use [our] experience to offer a similar unified product for investment in Saudi Arabia within the same app,” Mahmassani said.

Transforming Retailers into Service Providers: The success of pivoting in Dealt’s case study.

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The company first started working with Mr. Bricolage, a popular DIY retailer in France. Dealt operates a white-label platform for Mr. Bricolage so that it can upsell its own clients with services. After that, retailers like Mr. Bricolage can provide services and generate new revenue lines as they take a cut on each transaction. Other Dealt clients include Fnac-Darty, Orange, E.Leclerc, Conforama, Boulanger, 3Suisses and Rue du Commerce. Some of these retailers work with Dealt to provide services that aren’t necessarily related to a new purchase.

a16z-Funded Twitter Rival “Post News” Will Be Ceasing Operations

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Post News, a microblogging site that emerged in the days after Elon Musk’s Twitter acquisition, is shutting down just a year and a half after launching in beta. Founder Noam Bardin, previously CEO of Waze, broke the news in a post on Friday. “At the end of the day, our service is not growing fast enough to become a real business or a significant platform,” Bardin said. Instead of subscribing to various different publications, Post users could purchase individual articles from certain partner outlets. But perhaps it was too soon to try to capture this nascent movement in a social platform.

The Golden Touch: Fintech Midas Raises $45M Series A in Turkey’s Thriving Equities Arena

Midas App
Midas, a fintech startup that allows people in Turkey to invest in U.S. and Turkish equities, says it has raised $45 million in a funding round led by Portage Ventures of Canada. The startup is aimed at Turkey’s retail investor market and claims to have more than 2 million users. That’s in a country of 80 million,” Egem Eraslan, CEO and founder of Midas, told TechCrunch. The company has plans to expand beyond Turkey, and aims to target countries in the MENA region. Globally, Portage invests in transformational financial technology and Midas is poised to lead that initiative in a region of early adopters.”

“Exploring the Potential of AirChat: Will it Soar or Follow in Clubhouse’s Footsteps?”

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AirChat, the buzzy new social app, could be great – or, it could succumb to the same fate as ClubhouseOver the weekend, another social media platform exploded into the fray: AirChat. Built by AngelList founder Naval Ravikant and former Tinder exec Brian Norgard, Airchat takes a refreshingly intimate approach to social media. What I do consider a red flag is AirChat’s naive approach to content moderation. Clubhouse’s approach to content moderation was even more permissive, since there was no way to block people for months after launch – AirChat already has block and mute features, thankfully. With this minimalist approach to content moderation, it’s not hard to see how AirChat could get into hot water.

“Building a Rocket-Powered Fist: Dark Space’s Strategy for Orbital Debris Removal”

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Paris-based Dark Space is taking on the dual problems of debris and conflict in orbit with their mobile platform designed to launch, attach to, and ultimately deorbit uncooperative objects in space. team of space.”The three-year-old startup is developing Interceptor, a spacecraft that is essentially a rocket-powered boxing glove that can be launched on short order to gently punch a wayward object out of its orbit. “All the space sector is organized to do planned, long missions … but orbital defense is more about unplanned, short missions,” Laheyne said. In that sense, Interceptor “is more like an air defense missile,” he explained. Dark Space was founded by Laheyne and CTO Guillaume Orvain, engineers who cut their teeth at multi-national missile developer MBDA.

“Exclusive Interview with Reddit’s Chief Product Officer: Enhancing User Experience through Improved Translations, Enhanced Moderation, and Advanced Developer Tools”

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After its IPO, the platform is planning a slew of product features for the year ahead, and — spoiler alert — most of them are powered by AI. “I think the IPO was an important milestone, but we’re just focused on building for our users,” Reddit Chief Product Officer Pali Baht told TechCrunch. Reddit’s product roadmap includes faster loading times, more tools for moderators and developers, and an AI-powered language translation feature to bring Reddit to a more global audience. According to Reddit’s IPO filing, in December 2023, 50% of Reddit’s daily active unique users were from non-U.S. countries. The company will build on those updates with other new tools, like an LLM that’s trained on moderators’ past decisions and actions.