Curated Intel from the Talent Tech Industry
March 25-31, 2024:
• Prying open black box employers: Job Mobz buys Before You Apply to revolutionize job search;
• Brining order to chaos: U.S. Government issues a new executive order to regulate AI internally;
• Going strong despite headwinds: U.S. remains the top destination for highly skilled tech talent;
• Building a novel foundation for growth: Databricks spent $10M on DBRX generative AI model;
• Lending recruiters a hand: Metaview raises €6.4M to build AI assistant for hiring workflows.
PLUS
Seats are going fast at TAtech North America & The World Job Board Forum. Avoid FOMO, register right now for the only conference in the North American market that is specifically designed both for job board and talent technology company CEOs, their direct reports and rising stars and to accelerate the bottom-line growth of their enterprises. Why the rush? Because the conference will be held June 4-6, 2024 at The International Spy Museum which has a limited seating capacity. So, register today and accelerate the success your company achieves, today, tomorrow and into the future!
Job Mobz Acquires Before You Apply to Revolutionize Job Search Experience
Job Mobz, a leading provider of innovative recruitment solutions, is excited to announce the acquisition of Before You Apply (http://beforeyouapply.com), a pioneering platform in the passive candidate sourcing, corporate transparency and employment branding sectors. This strategic acquisition will transform the job search experience for millions of workers worldwide, offering unprecedented insights into company culture and workplace environments. "Looking for a job is easy, but finding out real, relevant information on prospective employers presents a daunting challenge, particularly for the most in-demand talent on the market," said Matt Charney, Editor in Chief of Recruiter.com. Before You Apply has been at the forefront of enhancing transparency into companies for job seekers by providing candidates with a comprehensive behind-the-scenes look at potential employers. The platform enables top talent to make informed decisions by exploring alignment with company values, team dynamics, and work-life balance by providing insights and information directly from the perspective of current employees and company leaders.
A New Federal Executive Order to Regulate AI
Built on his previous executive order (EO), President Biden has signed a new EO with comprehensive AI guidelines for the federal government's deployment of AI. Under the new directives, federal agencies are mandated to ensure their AI systems do not compromise American citizens' rights and safety. Agencies have a December 1 deadline to implement "concrete safeguards" against the risks posed by AI, including algorithmic bias. This policy delineates boundaries for AI applications, particularly in areas affecting election integrity, critical infrastructure, and the operational use of robots in various public settings. The guidelines also emphasize the need for transparency in government's use of AI. Agencies are required to annually disclose a list of their AI systems, alongside assessments of associated risks and management strategies. To oversee the newly mandated AI governance measures, federal departments are tasked with appointing chief AI officers, supplemented by AI governance boards due by May 27.
The U.S. is still the top destination for highly skilled tech talent
The U.S. is a titan of the global technology industry and is home to some of the most cutting-edge firms like Nvidia, OpenAI, and Google. That dominance has attracted top talent worldwide, allowing the U.S. to best many of its Western competitors. While Canada, Spain, and Great Britain were the largest employers of global tech talent in 2023, the U.S. remains the top choice for highly skilled workers, according to a new Tech Migration report from Deel, a global HR and payroll company. The U.S. received the most visa requests in 2023, jumping 263% from 2022. International talent doesn't seem deterred by some of the recent instability in the U.S. job market, tech layoffs, a high cost of living, legal barriers to immigration, and political unrest. In fact, the O1-A Extraordinary Visa was most requested internationally last year, according to the report. The three-year visa is designed for professionals in the top 10% of their field, has no cap on the amount of authorizations the U.S. can issue, and is incredibly difficult to qualify. Applicants must have three out of eight “extraordinary abilities,” such as receiving an achievement award, getting featured in a major publication, leading a specialized panel, or having international recognition in science, education, business, or athletics.
Databricks spent $10M on new DBRX generative AI model
If you wanted to raise the profile of your major tech company and had $10 million to spend, how would you spend it? On a Super Bowl ad? An F1 sponsorship? You could spend it training a generative AI model. While not marketing in the traditional sense, generative models are attention grabbers -- and increasingly funnels to vendors' bread-and-butter products and services. See Databricks' DBRX, a new generative AI model announced today akin to OpenAI's GPT series and Google's Gemini. Available on GitHub and the AI dev platform Hugging Face for research as well as for commercial use, base (DBRX Base) and fine-tuned (DBRX Instruct) versions of DBRX can be run and tuned on public, custom or otherwise proprietary data. "DBRX was trained to be useful and provide information on a wide variety of topics," Naveen Rao, VP of generative AI at Databricks, told TechCrunch in an interview. "DBRX has been optimized and tuned for English language usage, but is capable of conversing and translating into a wide variety of languages, such as French, Spanish and German."
UK-based Metaview raises €6.4M to build AI assistant for hiring workflows
Metaview, an AI assistant that helps teams eradicate admin and toil from their hiring process, has raised €6.4 million in a funding round led by Plural. Coelius Capital and existing investors Vertex Ventures US, Seedcamp, Village Global, as well as notable angels including Kyle Parrish (Figma VP of Sales), and Barney Hussey-Yeo (Cleo co-founder) also participated. The funding will be used to accelerate product development and grow the team, including tripling the engineering team over the next 18 months, to build more impactful features to serve Metaview’s growing customer base. Metaview was founded in 2018 by former Palantir and Uber product and engineering managers, CEO Siadhal Magos and CTO Shahriar Tajbakhsh, to transform hiring. The AI platform helps companies make business-critical hiring decisions better and faster by focusing on improving the most opaque part of the process: the interviews.
Register Today While Seats Are Still Available at TAtech North America
Seats are going fast at TAtech North America & The World Job Board Forum. Avoid FOMO, register right now for the only conference in the North American market that is specifically designed both for job board and talent technology company CEOs, their direct reports and rising stars and to accelerate the bottom-line growth of their enterprises. Why the rush? Because the conference will be held June 4-6, 2024 at The International Spy Museum which has a limited seating capacity. Whether your company is a niche or general job board, aggregator, talent marketplace, online classifieds business, programmatic platform, chatbot, conversational AI solution, ATS, recruitment marketing solution, CRM platform, interviewing or assessment system or talent technology consultancy, this event will supercharge your sales and your profits. So, register today and accelerate the success your company achieves, today, tomorrow and into the future!