Sequoia invests in AI interviewing platform Niuqi

The year 2024 is known as the year of AI big model application landing, and various industries have invested in the field of AI. Ye Xiangyu, founder and CEO of Niuqi, revealed that Niuqi will launch a new version of its AI interview product in June, with a significant increase in intelligent capabilities. As early as 2014, Ye Xiangyu left Alipay and entered the field of campus recruitment to train IT talents for large factories. After accumulating a large amount of video interview data, Niuke turned to AI interviewing and began to focus on the development of this product in early 2023. That year, Niuke completed a $50 million Series B financing, with investors including Sequoia China and Shunwei Capital. Ye Xiangyu said that AI interviewing will quickly realize profitability, but need to deal with the big model technology iteration and the challenge of competitors. Niuqi's AI interview product has begun to generate revenue, and will be profitable in the future by reducing the cost of using the big model and increasing the number of customers.