Upwork Grows with AI and Achieves New Record Values in Q1 2025
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Upwork (UPWK) operates the world's largest online marketplace for connecting freelancers with companies. Clients can post projects and find suitable experts, while freelancers gain access to global clients. Upwork earns through a percentage service fee (Take Rate) on the revenues generated. Upwork is heavily investing in Artificial Intelligence: The AI segment grew by 25% in volume per active customer (GSV), and Prompt Engineering even by 52%. AI-related projects command about 40% higher fees than other work. The introduction and further development...
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