This story was originally published on HR Dive. To receive daily news and insights, subscribe to our free daily HR Dive newsletter. LinkedIn’s Hiring Assistant tool, which has been available to a small group of customers since it was announced last year, will be globally available in English by the end of September, the company announced — serving as the latest example of artificial intelligence tools that promise to reshape recruiting. Hiring Assistant is an AI agent that aims to help recruiters with cand ...

Core Insights - Aeries Technology has formed a strategic partnership with TalentRecruit to enhance its AI-driven hiring capabilities, targeting the growing Global Capability Center (GCC) market valued at $121 billion by 2030 [1][3]. Company Overview - Aeries Technology, a leader in AI-enabled business transformation and GCC services, aims to improve hiring solutions for clients in India and Mexico, which are rapidly growing talent hubs [1][8]. - The company has established GCC operations in India and is expanding in Mexico, leveraging favorable economic conditions and a skilled talent pool [3][4]. Partnership Details - The integration of TalentRecruit's AI technology into Aeries' operations will automate candidate sourcing, intelligent matching, and onboarding, enhancing the recruitment lifecycle [2]. - This partnership is expected to reduce time-to-hire by up to 45% and improve offer-to-joining ratios by up to 50%, thereby increasing recruiter productivity and enhancing candidate experience [7]. Market Potential - The GCC market is projected to grow significantly, driven by digital transformation and the demand for cost-efficient global workforce models [3]. - Aeries is well-positioned to capitalize on this growth, particularly in serving mid-market and private equity-backed clients seeking rapid scaling [4]. AI Partner Network - The partnership with TalentRecruit expands the Aeries AI Partner Network, which consists of top-tier AI solutions aimed at accelerating transformation and generating measurable outcomes across enterprise services [5].

Company Overview - Fuse Battery Metals Inc. has entered into a binding letter of intent to acquire 100% of Pointor AI's common and preferred shares through a three-cornered amalgamation transaction [1] - Pointor AI is a recruitment technology business developing an AI-driven platform aimed at reducing hiring time by 80% and costs by up to 90% compared to traditional methods [2][6] - The company is newly incorporated and focuses on commercializing AI software for the Human Resources and Recruitment Industries [4] Technology and Product Offering - Pointor AI's platform utilizes machine learning and natural language processing to analyze professional data, offering features such as competitor research, automated org chart building, talent mapping, and salary benchmarking [3] - The platform's architecture consists of four layers: data collection, processing, intelligence, and interface, providing an intuitive user experience [3] Market Potential - The global recruitment market is valued at US$757 billion in 2024 and is projected to reach US$2.3 trillion by 2033, with a CAGR of 13.1% [6] - Pointor AI targets large enterprises with over 10,000 employees, initially focusing on the UK and North America, with plans to expand to the EU in Year 2 and Asia in Year 3 [6] Revenue Model - Pointor AI employs a dual revenue model: a per-placement fee model averaging £5,500 per hire and an enterprise subscription model with an average monthly fee of £5,000 [7] - The company claims significant cost advantages, achieving 80-90% savings compared to traditional executive search methods [7] Transaction Details - Fuse will acquire Pointor AI through the issuance of 50,000,000 common shares, with the price per share anticipated to align with a concurrent private placement financing [9] - A finder's fee of 1,500,000 shares is payable upon successful completion of the transaction [15] Management Changes - Following the transaction, three nominees from Pointor AI will join Fuse's board of directors, and Pointor AI's current officers will replace most of Fuse's existing management [19] - Key proposed management includes Jessie (Fan) Johnson as CEO, Tarka L'Herpiniere as CTO, and Oliver Willett as Strategic Advisor [20][23][25] Financial Information - Financial statements for Pointor AI were not available at the time of the announcement, with summary financial information to be disclosed later [8] - Fuse intends to complete a private placement of subscription receipts for gross proceeds of CAD$2.0 million, which will be used for various operational costs [16]

Core Insights - Ehave, Inc. has acquired AIHeadHunter, an AI-powered recruitment platform, to enhance shareholder value and address inefficiencies in the recruitment industry [2][3][4] - The global staffing and recruiting market is projected to grow from a valuation of $619 billion to over $2 trillion by 2033, with a compound annual growth rate of approximately 13% [7] - AIHeadHunter aims to reduce hiring time by 85% and costs by 70%, addressing the average 44-day time to fill a position and the average cost per hire of $4,700 [7] Company Developments - The acquisition includes $2.7 million in Series A Convertible Preferred Stock and 100 million shares of common stock, with performance-based earnouts of up to $7 million tied to revenue and customer milestones [3][4] - Ehave has established a wholly owned subsidiary to operate AIHeadHunter, appointing Joey Ricard as president, who has extensive experience in building scalable AI infrastructure [9][10] - The company plans to fund the new subsidiary with proceeds from a Regulation A offering, with an initial budget of $1 million over 12 months, and expects to launch its enterprise pilots and SaaS offering in Q3 2025 [12] Industry Context - The recruitment industry is currently burdened by inefficiencies, with recruiters spending up to 70% of their week on manual tasks and 60% of job seekers abandoning lengthy application processes [7] - Gartner forecasts that over 40% of enterprise recruiting tasks will be fully automated by 2026, positioning platforms like AIHeadHunter to capture significant market share [7] - AIHeadHunter is designed to streamline executive recruitment and talent sourcing through automation and advanced data analysis, fundamentally rethinking how talent is discovered and qualified [8][10]

Core Insights - Moonhub, founded by Nancy Xu in June 2022, leverages AI to enhance recruitment efficiency and fairness, addressing traditional hiring biases and inefficiencies [2][3][4]. Company Overview - Moonhub utilizes AI-driven solutions to streamline the recruitment process, focusing on reducing hidden biases and improving candidate matching through a vast database of over 1 billion candidate profiles [3][5]. - The platform employs large language models (LLMs) and natural language processing (NLP) to understand job requirements and match candidates accurately, aiming to democratize opportunities in hiring [5][26]. Key Features - Moonhub optimizes recruitment workflows, allowing companies to identify and engage with a broader range of candidates, including those from non-traditional backgrounds [4][5]. - The platform's innovative outreach feature generates customized communication for candidates, significantly saving time for recruiters [5][26]. - Moonhub offers flexible service models, allowing clients to choose between using the platform solely for candidate sourcing or engaging Moonhub's team for full recruitment support [5][26]. User Experience - Users can easily register and create talent pools on the Moonhub platform, refining their search criteria through an interactive chat interface [8][13][14]. - The platform tracks candidate progress and allows for the management of recruitment workflows, enhancing overall efficiency [22][30]. Funding and Growth - Moonhub has successfully raised a total of $14.4 million in funding, with significant investments from Khosla Ventures and Google Ventures [3][47]. - The company has received positive feedback from clients, reporting reduced hiring cycles and improved candidate match rates [26][29].

Core Insights - Moonhub leverages AI to enhance recruitment efficiency and fairness, addressing traditional hiring biases and inefficiencies [2][5][7] Group 1: Company Overview - Moonhub was founded by Nancy Xu in June 2022, aiming to bridge the gap between talent and opportunities using AI technology [4][5] - The platform utilizes large language models (LLMs) and natural language processing (NLP) to optimize recruitment processes and enhance candidate matching [14][43] - Moonhub has raised a total of $14.4 million in funding from Khosla Ventures and Google Ventures across two seed rounds [58] Group 2: Key Features - Moonhub's AI-driven platform can increase the proportion of qualified candidates from 10% to 50%-70%, significantly broadening the talent pool [4][5] - The platform collects over 1 billion candidate profiles from various public sources, providing a diverse candidate database [11][14] - Moonhub offers customizable communication features that respect candidate privacy while streamlining outreach efforts [15][16] Group 3: User Experience - Users can easily register and create talent pools, allowing for tailored searches based on specific job requirements [18][19] - The platform allows for real-time adjustments to candidate searches, enhancing the precision of recruitment [20][22] - Moonhub provides expert guidance for users who upgrade to the Pro version, ensuring comprehensive support throughout the hiring process [28] Group 4: Client Success Stories - Companies using Moonhub have reported significant reductions in hiring cycles and improved candidate matching rates [31][34] - Virtuous AI increased its senior interview scale from 20% to 80% after implementing Moonhub [34] - Ellis recognized Moonhub as a preferred partner for quickly finding candidates aligned with their mission [35] Group 5: Data Privacy and Compliance - Moonhub regularly audits candidate data for reliability and ensures that only high-quality profiles are presented to users [38][40] - The platform strictly adheres to data privacy regulations, utilizing only publicly available information [40][41] - Candidates have the option to review and request the removal of their information from Moonhub's database [41][42]