Relevance AI Secures $24M in Series B Funding; AI Could Automate 30% of U.S. Jobs
Key Takeaways
- Relevance AI raised $24M in Series B to enhance its AI agent OS.
- AI could automate 30% of U.S. work by 2030 (McKinsey), potentially eliminating millions of jobs.
- Duolingo is replacing human contract workers with AI, according to CEO Luis von Ahn.
- Etsy boosted conversions with AI-driven search; Sephora unifies data for recommendations.
Top Stories
Relevance AI secures $24M Series B funding.
On 2025-05-06, Relevance AI, an AI agent OS startup, raised $24 million in Series B funding led by Bessemer Venture Partners. The San Francisco and Sydney-based company will use the funds to improve its AI agent capabilities and support customers in Australia and the U.S.
Reports: AI could automate 30% of U.S. work.
On 2025-05-06, reports indicated AI's potential impact on employment; a McKinsey report predicts AI could automate 30% of U.S. work by 2030, while Goldman Sachs estimates AI could eliminate 300 million jobs globally and automate two-thirds of work in the U.S. and Europe.
Duolingo replaces human contractors with AI.
On 2025-05-06, Duolingo CEO Luis von Ahn announced in a memo that the company is replacing human contract workers with AI.
AI personalization drives e-commerce success: Etsy, Sephora examples.
On 2025-05-06, Al Sefati highlighted the importance of AI-powered personalization for e-commerce, citing product recommendations and dynamic pricing as key benefits. Etsy saw increased conversions using AI to personalize search, and Sephora uses AI to unify in-store and online data for personalized recommendations.