CareerBuilder builds AI foundation with Textkernel acquisition

CareerBuilder has recently announced investments and further strong developments in their artificial intelligence and machine learning capabilities for employer and staffing agencies trying to maximize their recruiting efforts and success, by way of the acquisition of Textkernel. Textkernel is a global leader in AI, ML, and other tech for linking candidates to jobs.

CareerBuilder, the largest global provider of Hello To HireTM solutions in the HR technology space, applies the latest in AI and ML to make all its products and services – in Talent Acquisition, Managed Services, Employment Screening and Software solutions like CareerBuilder Applicant Tracking – smarter and more efficient. Leveraging Textkernel's Deep Learning Matcher and Learning To Rank algorithms – along with nearly 25 years of candidate and jobs data – CareerBuilder has built the most powerful Talent Acquisition sourcing platform, Talent Discovery, that enables users to find new sources of talent and better matches for jobs by quickly connecting underlying patterns in skills, geography, experience, and job progression.

"In our nearly 25 years of experience, we've learned that recruiters speak one language and candidates speak another. We are building and implementing technologies that close this gap for both sides of our marketplace, and improve every stage of the hiring process," said Irina Novoselsky, CEO of CareerBuilder. "The acquisition of Textkernel and deeper investment in AI is a part of our overarching strategy to create the most advanced solutions for our customers. And our combined data science, R&D and product development teams are already fast at work to create the next generation technology and tools that bring qualified candidates to jobs faster and easier, even in a tight employment market like the one we're in now."

Read more here.

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