Eightfold AI Continues its Momentum, Building on Its Innovative Growth and 2024 Achievements

Innovative Solutions, Strategic Growth, and Industry Leadership Propel Eightfold AI to New Heights

SANTA CLARA, Calif., Feb. 11, 2025 /PRNewswire/ -- Eightfold AI leads the way in the use of agentic AI in the HR space and beyond, and begins its new fiscal year with the announcement of a new addition to its leadership team, technical accomplishments, and Fortune 500 additions to its customer base.

"Eightfold is at an inflection point— organizations across industries are embracing our generative AI-native platform to transform how they hire, retain, and develop talent," said Ashutosh Garg, Co-CEO and Co-founder at Eightfold AI. "With Meghna Punhani joining as Chief People Officer, major enterprises coming on board, and our expansion into every industry, we are proving that AI is not just a future aspiration but a present necessity for workforce transformation. Our customers are replacing legacy systems with our next-generation Applicant Tracking System and adopting our Gen AI-based workflows to redefine talent acquisition and management."

In 2024, the company launched multiple breakthrough additions to its Talent Intelligence Platform. Eightfold Talent Tracking, enhancing hiring efficiency with AI-backed job postings, skills-based job descriptions, and real-time compensation insights. Eightfold Talent Design helps organizations stay ahead by offering dynamic, self-learning frameworks that identify skill gaps and standardize role requirements. Eightfold Copilot provides seamless, agentic support that automates tasks and allows HR teams to stay focused on delivering value while remaining compliant with global AI regulations.

The company also introduced multilingual matching to improve global talent acquisition and retention. Eightfold was also recognized as a Strategic Leader in the 2024 Fosway 9-Grid™ for Talent & People Success. Additionally, Meghna Punhani joined as Chief People Officer, to champion a data-driven, agentic-first approach to people operations. She will oversee the alignment of talent strategy with company growth, embedding AI across all functions.

Eightfold AI also drove significant success across both public and private sectors in 2024. In the public sector, its technology is transforming talent operations for the U.S. Department of Defense, the State of New York, Puerto Rico, and Washington D.C. In the private sector, Eightfold has expanded its partnership with the largest healthcare providers and leading academic institutions in the U.S. The company's global momentum is also evident, with growth in Europe and Latin America across various industries, further solidifying its leadership in AI-driven talent solutions.

Eightfold AI is at the forefront of thought leadership and workforce evolution. In 2024, it launched the Josh Bersin Company HR Career Navigator, an AI-powered platform designed to help HR professionals navigate trends and advance their careers. The company also became a member of the World Economic Forum, contributing to global discussions on the future of work. As a founding member of the ICT Workforce Consortium, alongside tech giants like Cisco and Google, Eightfold is driving AI innovation in the workforce. Additionally, its 2024 Talent Survey provides valuable insights on HR-business alignment and workforce challenges, helping organizations shape future talent strategies.

The continued success of Eightfold AI in 2024 positions the company to further advance its mission of finding the right career for everyone in the world. With a relentless focus on innovation, strategic partnerships, and customer success, Eightfold AI is set to lead the complete transformation of talent processes in the years ahead.

Eightfold is proud to champion AI compliance and regulation at every opportunity.

SOURCE Eightfold AI