What the stock rally means for tech hiring | Newsletter

#GenAI sets off hiring frenzy, #b2b tech has its moment, ride sharing lifts investor spirits, and AI as a ‘force multiplier’ for human potential. Plus this week’s hottest tech companies.


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Quick Hits


Love and loans: Dating app requires 675 credit score.


Forget me not: ChatGPT adds memory controls.


‘Eco bowl’: Big game goes renewable.


Recruiting recruits: Navy gamifies talent search.


Food on wheels: Edinburgh tests delivery bots.


Dam automation: Otter adds meeting AI.


Stock Lyft: CEO typo revs investors.


Clean break: Airbnb moves to fee transparency.


‘Subspace’: TikTok creators get VIP treatment.


Cruise control: Robotaxi maker hires safety officer.


AI polyglot: Cohere’s launches open source LLM.


App ascent: Microsoft AI climbs charts.


Vision wars: Ray-Ban challenges Apple.


New forces: Salesforce exec launches AI firm.


Tough edit: Grammarly cuts 230 roles.

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Business tech is having its moment


Fortune 500 companies are giddy over genAI, the enterprise tech tool of choice for Ally Insurance, Boston Consulting, and a slew of others. That means good news for job seekers with in-demand ML and data science chops. A Cisco exec says, “AI is a force multiplier for human potential.”

Distinct AI-dvantage


AI software companies are projected to grow 63% faster in 2024 than non-AI software companies because of customer demand. This is expected to result in higher valuations for the right type of companies as AI demand builds throughout the year.

One-way traffic


Wall Street rallies, driven by ride sharing success (Lyft, Uber) and AI chips, with Nvidia becoming the third most valuable U.S. stock, over Alphabet.

Wanted: Roboticist


Along with anything related to AI, roboticist is a role that’s in high demand. It’s been that way for years at both ends of the spectrum, from seed to Amazon.

Recently Funded

  • Austria's Atlas Gets $4.5M Grant for 3D AI Asset Creation
  • Stoke Games Lands $5.5M for Strategic Shooter Game
  • Antithesis Raises $47M for Automated Software Testing
  • Attentive.ai Nabs $7M to Boost Construction Services
  • Estonia’s Klaus Acquired by Zendesk for QA
  • UK's Jow Gets $13M for Restaurant Menus
  • UK’s Zetta Genomics Raises £1.8M for Genomics Analysis

Weekly Pulse


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Call it a comeback: Tech companies are hiring


Six in 10 managers in the tech industry expect to add talent this year, reflecting increased confidence. Of those surveyed, 61% of managers said they plan to hire for new roles and 34% said they play to fill previous vacancies.

What We’re Reading


The text file that runs the internet (The Verge)


The not-so-secret-anymore lunar mining startup (TechCrunch)


‘It’s supposed to be hard!’: the computer game that forces you to face your demons (The Guardian)


Will hydrogen overtake batteries in the race for zero-emission cars? (The Guardian)


When Your Technical Skills Are Eclipsed, Your Humanity Will Matter More Than Ever (NYT)

Post of the Week

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Podcasts of the Week


Founders Fund's Brian Singerman on building a legendary VC firm, “Adapt or Die” and "Ikigai” (This Week in Startups)

Startups Hiring Now


KindBody: Fertility, gynecology, and wellness services in modern, tech-enabled clinics | 60 open roles


Flowcode: The Direct to Consumer Company™ | 13 open roles


Applied Intuition: Safely develop, test, and deploy autonomous vehicles at scale | 128 open roles


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