Work market Reaching Record’s revenue was obtained by 2024 and considered its acquisitions in part of artificial intelligence (AI).
To a Release to earnings And some other materials released on Wednesday (Feb. 12), the company highlighted AI changes added to its market platform and its talent the platform connects to clients.
“We quickly locked the request for AI associated with AI to our platform,” Upwork President and CEO Hayden Brown said to Provided Reminder for the company’s quarterly call.
UPSE reported full-year $ 769.3 million, denoting a 12% year-old and an hour high, as it is released in earnings.
The company achieves this profit in a year where the wider staff industry sees 9% reduction in income, Brown said to his willing speeches.
In the year, Gross Services Volume (GSV) from AI-related work 60% and the number of clients engaged in AI-related projects 42%.%.
Besides, at 2024, the time of freelanfer engaged in AI-related work is about 44% higher than other freelancers, per release.
AI is the fastest growing major category of UPOSTED platform for many quarters, with clients looking for talent in Engineering, AI participation, AI labeling, AI, and annotation, according to STUDY investments display released on Wednesday.
During Q & A part of income conves, brown-ups and “restored” to fulfill the emerging need for a talent as before, if there is NEW Made need for social media managers and mobile developers.
“We also ignore AI on our platform to change the evolution of prophecies and enjoyable conversation experiences with the conversation,” Brown said to his prepared remarks.
Upwork develops its platform in April by adding a AI assistant called deer that makes tasks such as making matching proposal designs for freelancers, candidates for clients, and Scoping Projects and Designing the optimal experts teams for larger clients, according to the release of income and the presentation.
The company also retrieves AI-native search-as-aa-service company ObjectiveOne step to say the performance improvement is allowed and arriving at its platform, strengthening company learning teams, and continued to develop new capabilities for in the field.
“As AI’s AI building in AI, organizations of all sizes seek more quick talent models corresponding to the indoor necessities and values human workers and fun -on to the fast delivery of their priorities“Brown said to his words.
“At the same time, geographically professionals, specialists and Industries want digital power in ways of working that gives them easy access to more autonomy, flexibility and earning power. “
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