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Upwork is buying its way into corporate staffing beyond freelancers | TechCrunch

Upwork is buying its way into corporate staffing beyond freelancers | TechCrunch

Upwork, a platform that connects companies with freelancers, announced two acquisitions to help build out a new stand-alone enterprise-focused business that could expand its market reach.

The San Francisco-based company announced it has acquired Bubty, a workforce management platform, and has signed a definitive agreement to acquire Ascen, a global compliance and EOR (employer of record) company, ahead of its second-quarter earnings call on August 6.

Upwork will integrate these two companies into its existing enterprise business to create a stand-alone entity under the Upwork umbrella.

The move is significant because it will allow Upwork to offer access to talent beyond the independent contractor workforce Upwork is known for — essentially enabling the company to compete in new areas of the corporate staffing market. The new entity will support contract types, including agent of record, employer of record, and staff augmentation.

Upwork president and CEO Hayden Brown told TechCrunch that the timing was right to launch this new enterprise-focused business because Upwork’s existing enterprise customers have been increasingly asking for access to these talent pools.

“Most of the providers that exist today force their customers to choose between flexibility and compliance, or speed and scale, or having a digital tool versus having something that’s actually robust and for the enterprise,” Brown said. “And with this new capability, we’re refusing to compromise. We’re giving our customers all of the benefits they’ve been looking for, and we’ve heard loud and clear that they want this singular solution.”

Brown said that Upwork’s existing enterprise business makes up about $100 million of the company’s overall $750 million in yearly revenue.

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Upwork decided to make the enterprise business a stand-alone entity because enterprises have very different needs regarding compliance and software integrations than the small and midsize businesses Upwork’s main business works with.

Keeping them separate allows for better external branding and better internal focus, Brown said.

Upwork vetted more than 100 potential companies to acquire to build out this business, Brown said. The company landed on Bubty and Ascen not only for what they bring separately but also for how they worked together — Upwork piloted the companies both individually and together.

“We saw through the power of those pilots how impactful their technology was and how easy it was to basically snap together what each of them offers, along with our existing offering to deliver something very new and innovative in the market,” Brown added.

Details on the branding and full offerings of the new stand-alone business are set to be unveiled later this year.

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#Upwork #buying #corporate #staffing #freelancers #TechCrunch

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By signing up, you agree to receive recurring automated SMS marketing messages from Mashable Deals at the number provided. Msg and data rates may apply. Up to 2 messages/day. Reply STOP to opt out, HELP for help. Consent is not a condition of purchase. See our Privacy Policy and Terms of Use.

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SAVE $20: As of June 29, the Google TV Streamer 4K is on sale for $79.99 at Amazon. That’s a 20% discount on the list price.


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$99.99 Save $20

 

Looking for a simple way to upgrade your streaming setup? Sounds like it’s time to invest in a streaming stick.

These handy pieces of tech plug straight into your TV to give you easy and quick access to apps, streaming platforms, and live TV options. And as of June 29, the Google TV Streamer 4K is on sale for $20 off the list price, now down to $79.99.

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China’s Zhipu AI (Z.ai) released its open-weight GLM-5.2, and some researchers have claimed that it matches Mythos in certain bug-finding and cybersecurity scenarios. While GLM lags behind models from Anthropic and OpenAI in other, more general tasks, it seems that China has dramatically reduced the gap in the capabilities between its models and those of the US.

This level of advancement is particularly concerning to the US government, which has worked to restrict China’s access to powerful models like Anthropic’s Mythos and Fable, as well as the hardware necessary to train and run them. The Trump administration views Mythos and other advanced AI models capable of identifying vulnerabilities as serious national security threats. Recently, OpenAI unveiled GPT-5.6, which has also raised concerns about its potential for misuse and has limited access to it.

Because GLM is an open-weight model, it can be downloaded and run by anyone on readily available hardware. That gives it great flexibility and allows power users deep access, but it also makes it ripe for abuse by bad actors who can run it with little oversight.

#Chinas #Z.ai #claims #match #Mythos #cybersecurityAI,News,Policy,Politics,Security,Tech">China’s Z.ai claims it can match Mythos on cybersecurityChina’s Zhipu AI (Z.ai) released its open-weight GLM-5.2, and some researchers have claimed that it matches Mythos in certain bug-finding and cybersecurity scenarios. While GLM lags behind models from Anthropic and OpenAI in other, more general tasks, it seems that China has dramatically reduced the gap in the capabilities between its models and those of the US.This level of advancement is particularly concerning to the US government, which has worked to restrict China’s access to powerful models like Anthropic’s Mythos and Fable, as well as the hardware necessary to train and run them. The Trump administration views Mythos and other advanced AI models capable of identifying vulnerabilities as serious national security threats. Recently, OpenAI unveiled GPT-5.6, which has also raised concerns about its potential for misuse and has limited access to it.Because GLM is an open-weight model, it can be downloaded and run by anyone on readily available hardware. That gives it great flexibility and allows power users deep access, but it also makes it ripe for abuse by bad actors who can run it with little oversight.#Chinas #Z.ai #claims #match #Mythos #cybersecurityAI,News,Policy,Politics,Security,Tech

Z.ai) released its open-weight GLM-5.2, and some researchers have claimed that it matches Mythos in certain bug-finding and cybersecurity scenarios. While GLM lags behind models from Anthropic and OpenAI in other, more general tasks, it seems that China has dramatically reduced the gap in the capabilities between its models and those of the US.

This level of advancement is particularly concerning to the US government, which has worked to restrict China’s access to powerful models like Anthropic’s Mythos and Fable, as well as the hardware necessary to train and run them. The Trump administration views Mythos and other advanced AI models capable of identifying vulnerabilities as serious national security threats. Recently, OpenAI unveiled GPT-5.6, which has also raised concerns about its potential for misuse and has limited access to it.

Because GLM is an open-weight model, it can be downloaded and run by anyone on readily available hardware. That gives it great flexibility and allows power users deep access, but it also makes it ripe for abuse by bad actors who can run it with little oversight.

#Chinas #Z.ai #claims #match #Mythos #cybersecurityAI,News,Policy,Politics,Security,Tech">China’s Z.ai claims it can match Mythos on cybersecurity

China’s Zhipu AI (Z.ai) released its open-weight GLM-5.2, and some researchers have claimed that it matches Mythos in certain bug-finding and cybersecurity scenarios. While GLM lags behind models from Anthropic and OpenAI in other, more general tasks, it seems that China has dramatically reduced the gap in the capabilities between its models and those of the US.

This level of advancement is particularly concerning to the US government, which has worked to restrict China’s access to powerful models like Anthropic’s Mythos and Fable, as well as the hardware necessary to train and run them. The Trump administration views Mythos and other advanced AI models capable of identifying vulnerabilities as serious national security threats. Recently, OpenAI unveiled GPT-5.6, which has also raised concerns about its potential for misuse and has limited access to it.

Because GLM is an open-weight model, it can be downloaded and run by anyone on readily available hardware. That gives it great flexibility and allows power users deep access, but it also makes it ripe for abuse by bad actors who can run it with little oversight.

#Chinas #Z.ai #claims #match #Mythos #cybersecurityAI,News,Policy,Politics,Security,Tech

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