$17M for AI Recruiters That Screen Job Candidates Automatically

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Top 3 Things in Today’s Latestly AI Edition

• AI Business Spotlight: Alex AI recruiter raises $17M to automate interviews

• Capital Surge: Modular closes $250M to challenge Nvidia dominance

• Hiring: We’re hiring a Founder Associate in London

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🇬🇧 We’re Hiring in London

We’re looking for a Founder Associate Intern in London. If you’re ambitious, excited about AI, and want hands-on startup experience:
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Founder Story of the Week

Alex: Automating First-Round Interviews with AI

Founder: Aaron Wang

Alex has built an AI recruiter that automates the first step in hiring: the screening interview. The AI conducts conversations via voice and video, evaluates responses, and passes qualified candidates to human recruiters.

• Just raised $17M Series A led by Peak XV

• Already running thousands of interviews daily for clients

• Focused on efficiency: HR teams save hours per role

• Product iterated from manual scripts → automated AI pipeline

Lessons:

• Start with the repetitive pain points (screening = biggest HR bottleneck)

• Monetize early; HR budgets are measurable and recurring

• Design AI to handle messy real-world inputs (accents, pauses, incomplete answers)

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Global AI News Highlights (Sept 23 – Sept 30)

🇺🇸 US & Canada

• Modular raises $250M to run AI apps across chips beyond Nvidia.

• OpenAI, Oracle & SoftBank plan five new data centers as part of $500B Stargate.

• “Tiny Teams” boom: startups with fewer than 10 people are now shipping global-scale AI apps.

🇪🇺 Europe

• Black Forest Labs (Germany) raising $200M–$300M at ~$4B valuation for image-generation models.

• UK Government launches pilot of AI-assisted healthcare triage across 50 NHS clinics.

🇨🇳 China

• ByteDance unveils a multimodal foundation model integrated into Douyin for search + commerce.

• Huawei expands deployment of its Ascend 910D AI chips to government cloud clients.

🇮🇳 India

• Rocket (Surat) secures $15M seed to scale its no-code app creation platform.

• Infosys rolls out AI-driven retail personalization suite across 10 major e-commerce partners.

🌍 Africa

• Nigeria’s Health Ministry deploys AI diagnostic assistant across rural clinics.

• South Africa funds $25M in grants for local language LLM development.

🌎 Latin America

• Ualá (Argentina) expands its AI chatbot explainers to cover full credit and savings products.

• Chile’s Ministry of Education rolls out GPT tutors to 20,000 rural classrooms.

This Week’s Top 5 AI Startup Fundraising Rounds

Top 10 AI Unicorns Weekly Updates

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