“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.
Welcome to TechCrunch Fintech!
This week, we’re looking at Rippling’s controversial decision to ban some former employees from selling their stock, Carta’s massive valuation drop, a GenZ-focused fintech raise, and more!
But there is one big exception: It has banned former employees who work for a handful of competitors from selling their stock.
What else we’re writingIn early 2022, the fintech startup Bloom was accepted into Y Combinator as the first-ever startup from Sudan to participate in the famed accelerator.
In an unusual move, Capital One is teaming up with payment giants (and rivals) Stripe and Amsterdam-based Adyen to offer a free product aimed at fraud reduction, the financial services giant told TechCrunch in an exclusive interview.
Mistral AI has closed its much rumored Series B funding round with General Catalyst leading the round.
The company has secured €600 million (around $640 million at today’s exchange rate) in a mix of equity and debt.
As a reminder, Mistral AI is a relatively new entrant in the artificial intelligence space.
It also has distribution partnerships with cloud providers, such as Microsoft Azure — Microsoft is also a minor shareholder in Mistral AI.
According to the Financial Times, Mistral AI raised €468 million in equity and €132 million in debt (around $500 million and $140 million respectively).
Flow is a spinout of VTT, a Finland state-backed research organization that’s a bit like a national lab.
You can’t just magically squeeze extra performance out of CPUs across architectures and code bases.
But Flow has been working on something that has been theoretically possible — it’s just that no one has been able to pull it off.
What Flow claims to have done is remove this limitation, turning the CPU from a one-lane street into a multi-lane highway.
The chef still only has two hands, but now the chef can work ten times as fast.
Following a keynote presentation at WWDC 2024 that both introduced Apple Intelligence and confirmed a partnership that brings GPT access to Siri through an deal with OpenAI, SVP Craig Federighi confirmed plans to work with additional third-party models.
The first example given by the executive was one the companies with which Apple was exploring a partnership.
“We’re looking forward to doing integrations with other models, including Google Gemini, for instance, in the future,” Federighi said during a post-keynote conversation.
Apple says users will be able to access the system without having to sign up for an account or paying for premium services.
“Now you can do it right through Siri, without going through another tool,” the Apple executive said.
Sources tell TechCrunch that employees at those companies received no information about the tender offer, but heard about their exclusion through the grapevine.
None of the former employees TechCrunch spoke to were surprised to hear one name on the list: Deel.
“Rippling put together a tender offer for the benefit of its employees, ex-employees, and early investors.
To be sure, as a private company, Rippling certainly has the freedom to place restrictions on participation in its stock sales.
In addition to the price of the stock, employees may face huge tax bills on options they exercise from the paper gains of the value of the stock.
Apple is set to board the runaway locomotive that is generative AI at next week’s World Wide Developer Conference.
First there’s the name: Apple Intelligence.
Apple Intelligence will arrive as an opt-in beta, similar to developer-focused operating system updates the company releases after WWDC.
Apple Intelligence will initially be focused on bolstering existing applications.
it sounds like Apple’s big push into AI is less about flash and more about making its operating system more intuitive and user friendly.
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.
And like all productivity tools, the ClickUp team has also heard the siren song of artificial intelligence.
The company has now launched what it calls “ClickUp Knowledge Management,” which combines a new wiki-like editor and with a new AI system that can also bring in data from Google Drive, Dropbox, Confluence, Figma and other sources.
With that, the company aims to build a tool that can rival other popular services like Notion and Atlassian’s Confluence.
The result, ClickUp argues, is a system that brings together the best of Notion, Confluence and Glean to allow users to quickly create documents.
This now enables the ClickUp Knowledge Management to perform retrieval augmented generation (RAG) — which has quickly become the industry standard for augmenting large language models (LLMs) with additional and up-to-date information.
Animating a 3D character from scratch is generally both laborious and expensive, requiring the use of complex software and motion capture tools.
Cartwheel wants to make basic animations as simple as describing them, generating a basic movement with AI and letting creators focus on more expressive tasks.
There’s a lot of value in just quickly getting it out of your head and moving.
“There’s this notion of AI replacing creative work, and as someone who does creative work, it’s like… no!
This leads to more animation, more motion, one person doing more,” said Jarvis.
