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Magentic raises $18M to build the AI workforce for the physical world
Magentic has raised an $18M Series A led by Felicis, with Sequoia Capital and The Westly Group participating. Its multi-agent digital workers manage procurement workflows end to end. Customers report 2–5% savings, 60% better data quality, and $4M found at one company.
Product NewsEthos Launches the Readiness Engine, A Living Map of Workforce Capability
Ethos has launched the Readiness Engine, a new capability that maps organizational requirements to role-specific skills and continuously measures workforce proficiency. It links knowledge, training, assessments and operational data to surfa

Skillsoft Completes Sale of Global Knowledge Business to Focus on AI-Native Skills Management Platform
Skillsoft has completed the sale of its Global Knowledge business to an affiliate of Enduring Ventures. The deal sharpens Skillsoft’s focus on its AI-native skills management platform, while a strategic partnership preserves customer access...
Product NewsOracle Introduces Fusion Agentic Applications
Oracle has introduced Fusion Agentic Applications, a new class of enterprise software designed to move beyond traditional automation toward outcome-driven execution. Announced at Oracle AI World, these applications leverage coordinated team
Venture CapitalChicago-based Yourco Raises $6M Series A and Launches AI-Powered Frontline Intelligence Platform
Chicago-based workforce communication platform Yourco has launched Frontline Intelligence , an AI-powered capability designed to transform everyday frontline employee communication into real-time operational insights. Built on the company’
Venture CapitalSeattle-based AI Compliance Platform Certivo Raises $4M Seed Round
Seattle-based Certivo has raised a $4 million seed round led by Suffolk Technologies, with participation from Pioneer Square Ventures and other investors, to establish a new category: AI-native compliance automation. The company positions i
Venture CapitalChicago-Based Hirewell Acquires CS Recruiting, Building a Tech-Enabled Supply Chain Talent Powerhouse in North America
Hirewell has acquired CS Recruiting , a specialist firm in supply chain, logistics and transportation recruiting. The combined organization becomes one of the most comprehensive supply chain talent resources in North America, integrating CS
Venture CapitalFindem Raises $51 M Series C (USA) to Build World’s Largest Expert-Labelled Talent Dataset
In a significant development for HR tech, Findem has raised $51 million in Series C funding to revolutionize talent acquisition through AI powered by expert-labeled, 3D human data. The round, led by SLW with participation from Wing Venture
Venture CapitalIsraeli Startup Gain Introduces AI Workforce Layer, Raises $12M to Redefine Procurement
Gain , an Israel-based deeptech startup, has launched its first AI Employees designed to manage end-to-end procurement processes. The company announced a $12M seed funding round led by The Garage, with participation from BlueRed Partners an
Company NewsJosh Bersin Company Research Reveals How Talent Acquisition Is Being Revolutionized by AI
The Josh Bersin Company has released new research, in collaboration with AMS, revealing how AI is revolutionizing talent acquisition (TA). The $850 billion global recruiting market is undergoing a seismic shift from manual, fragmented recru
Company NewsUKG Appoints Jim Joudrey as Chief Technology Officer
UKG , a global leader in AI-first HR, payroll, and workforce management solutions, has appointed Jim Joudrey as Chief Technology Officer. With over two decades of experience at Amazon, Salesforce, and AWS, Joudrey will lead UKG’s 4,000+ eng
Venture CapitalSAP to Acquire SmartRecruiters: Integrating Innovative Talent Acquisition Portfolio Will Help Companies Attract and Retain Top Talent
SAP has announced its agreement to acquire SmartRecruiters , a leading provider of AI-powered talent acquisition solutions. This strategic move aims to enhance SAP’s SuccessFactors HCM suite by integrating SmartRecruiters’ strengths in re
HotNewsAmerica’s AI Action Plan: White House Charts Bold Course for Global AI Leadership
Washington, D.C., July 23, 2025 — The White House has released a sweeping 28-page blueprint titled America’s AI Action Plan , outlining over 90 federal policy directives aimed at securing U.S. dominance in artificial intelligence across inn
Venture CapitalWorkWhile Secures $23 Million Series B, Fueling AI-Powered Revolution in $650B Staffing Industry
WorkWhile , an AI-driven labor platform transforming the $650B staffing industry, has raised $23 million in a Series B round led by Rethink Impact. The company leverages machine learning to match businesses with reliable hourly workers, ach
Company NewsFirst HR AI Success Metrics Beyond "Saving Time" Emerge from Josh Bersin Company Analysis
The Josh Bersin Company has released a new analysis highlighting AI’s impact in HR, moving beyond the conventional focus on time-saving benefits. The study, based on SAP HR AI engagements, reveals concrete advantages such as a 95% accelerat
Company NewsDocebo Reports $57M Q4 Revenue & $217M Annual Revenue, Driven by AI-Powered Learning
Docebo Inc. (NASDAQ: DCBO; TSX: DCBO), a leader in AI-driven learning platforms, reported strong financial results for Q4 and fiscal year 2024. The company achieved $57 million in Q4 total revenue (16% YoY growth) and $216.9 million for the
Venture CapitalTalent Intelligence Leader Loxo Raises $115M to Revolutionize AI Recruiting with Tritium Partners Investment
Loxo , a leading AI-powered talent intelligence platform, has secured a $115 million growth investment led by private equity firm Tritium Partners . This funding will accelerate AI and product development , further solidifying Loxo's positi
EarningsHireQuest Reports Q3 Growth: Franchise Royalties Increase to $9M, Adjusted Net Income Rises 29%
HireQuest , Inc., a national franchisor of staffing services, reported its Q3 2024 financials, showing slight growth in key revenue streams despite market challenges. Franchise royalties grew by 0.9% to $9.0 million from $8.9 million in the
Venture CapitalPaylocity Announces Completion of Acquisition of Airbase Inc.
Paylocity has successfully completed the acquisition of Airbase Inc., a spend management platform. This acquisition allows Paylocity to integrate Airbase’s finance tools, including bill pay, expense management, and procurement, into its clo
Company NewsEndera Unveils Next-Generation Continuous Evaluation Platform for Workforce Risk Management
Endera , a leader in workforce risk management, has launched its next-generation Continuous Evaluation (CE) platform to transform post-hire risk monitoring and mitigation. This innovative platform features advanced identity proofing with bl
Product NewsOracle Unveils 50+ AI Agents to Transform Work Across Finance, HR, and More
Oracle has announced the launch of over 50 specialized AI agents embedded within Oracle Fusion Cloud Applications, aimed at redefining business operations across various functions such as finance, HR, supply chain, sales, marketing, and cus
Venture CapitalPaylocity Announces Definitive Agreement to Acquire Airbase Inc., a Leading Spend Management Software Solution Provider
Paylocity Corporation (NASDAQ: PCTY), a leading provider of cloud-based HR and payroll solutions, announced its definitive agreement to acquire Airbase Inc., a prominent spend management software provider. This acquisition, valued at appr
Venture CapitalAvionté Fortifies Market Leadership with Strategic Acquisition of AkkenCloud
Avionté has acquired AkkenCloud , strengthening its leadership in the staffing software industry. This acquisition enables AkkenCloud clients to benefit from Avionté’s comprehensive enterprise staffing platform, which includes a full front
Venture CapitalWilya Secures $4 Million in Seed Funding Led by Ironspring Ventures to Bring Flexibility to the Manufacturing and Supply Chain Workforce
Wilya , previously known as Gig and Take, has secured $4 million in seed funding led by Ironspring Ventures. This funding will support Wilya's mission to transform HR practices in the manufacturing and supply chain sectors through its innov
Venture CapitalAI-Driven Training Platform Learn to Win Raises $30M to Scale Defense and Commercial Operations
Learn to Win , an enterprise SaaS training platform specializing in personalized, predictive, and secure training software, has successfully closed a $30 million Series A funding round led by the Westly Group, with participation from Norwes
EarningsPaycor Announces Third Quarter Fiscal Year 2024 Financial Results
Paycor HCM , Inc., a leader in human capital management software, reported significant growth in its Q3 fiscal year 2024 results. Total revenues reached $187.0 million, a 16% increase year-over-year, with recurring revenue growing to $172.0
Company NewsAnnouncing Our 2024 Workday Partner Innovation Award Winners
These awards honor select services and software partners for their commitment to our customers’ success, demonstrated by their innovative extensions of Workday solutions. Read on to learn this year’s winners. In this article we discuss: Wor
Product NewsOracle NetSuite Supercharges the Suite with Expansion of Generative AI Capabilities
Oracle NetSuite has expanded its generative AI capabilities within its suite, introducing NetSuite Text Enhance to foster improved productivity and efficiency across various domains including finance, supply chain, sales, marketing, and cus
Product NewsOracle Adds New Generative AI Capabilities to Oracle Fusion Cloud Applications Suite
Oracle announced new generative AI capabilities within the Oracle Fusion Cloud Applications Suite, enhancing decision-making and employee/customer experiences across various domains such as finance, supply chain, HR, and marketing. These ca
Company NewsCustomer Confidence, Trust in UKG Solutions Drive Strong Results for First-Quarter Fiscal 2024
UKG reported a successful first quarter for fiscal 2024, marked by strong customer loyalty and significant business growth. The period was notable for an increase in customer migrations to modern UKG solutions, particularly among larger cli
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