Login

News on Medial

Multiverse, the apprenticeship unicorn, acquires Searchlight to put a focus on AI

TechCrunchTechCrunch · 7m
Multiverse, the apprenticeship unicorn, acquires Searchlight to put a focus on AI

London-based unicorn Multiverse has acquired AI recruitment and sourcing platform Searchlight. Multiverse uses apprenticeship programmes to teach technology skills in the workplace and aims to utilise Searchlight's technology to expand its professional training services. The acquisition is reflective of the growing use of AI in work and education, focusing on developing efficient training services to address recruitment gaps. Notably, Amazon previously discontinued its AI recruitment tool due to inherent gender bias. Multiverse, founded by Euan Blair, boasts around 1,000 clients and was valued at $1.7bn in 2022. Financial details of the Searchlight deal were not disclosed, but the company raised nearly $20m in funding.

2
1
View Source

Comments

More Like this

Tata Group to hire 4,000 female technicians from this state to appoint at plants in Tamil Nadu & Karnataka; details here

Tata Group to hire 4,000 female technicians from this state to appoint at plants in Tamil Nadu & Karnataka; details here

Multiverse raises $27M for quantum software targeting LLM leviathans

Multiverse raises $27M for quantum software targeting LLM leviathans

India’s Fastest Unicorn: Krutrim AI Becomes Bhavish Aggarwal’s 3rd Unicorn, 2024’s & And India’s 1st AI Unicorn

India’s Fastest Unicorn: Krutrim AI Becomes Bhavish Aggarwal’s 3rd Unicorn, 2024’s & And India’s 1st AI Unicorn

Chennai will be an AI hub of India soon, says Uniphore’s CEO Umesh Sachdev

Chennai will be an AI hub of India soon, says Uniphore’s CEO Umesh Sachdev

Apple acquires DarwinAI, a Canadian AI start-up part of Apple’s massive generative AI push

Apple acquires DarwinAI, a Canadian AI start-up part of Apple’s massive generative AI push

Bhavish Aggarwal’s AI unicorn Krutrim launches chatbot to take on ChatGPT, Gemini

Bhavish Aggarwal’s AI unicorn Krutrim launches chatbot to take on ChatGPT, Gemini

Veefin acquires Nityo Tech to expand digital banking services

Veefin acquires Nityo Tech to expand digital banking services

From Resilience to Resurgence: ET Soonicorns Summit 2024 returns to Bengaluru with a sharper focus on startup reinvention

From Resilience to Resurgence: ET Soonicorns Summit 2024 returns to Bengaluru with a sharper focus on startup reinvention

Dunzo, Jar, Koo among 25 startups dropped from Hurun India Future Unicorn Index

Dunzo, Jar, Koo among 25 startups dropped from Hurun India Future Unicorn Index

Vietnam internet firm VNG delays $150-million US IPO on volatile market conditions

Vietnam internet firm VNG delays $150-million US IPO on volatile market conditions

Download the medial app to read full posts, comements and news.