Markets.News
In San Francisco, Udemy, a prominent AI-powered skills acceleration platform listed on Nasdaq as UDMY, revealed that its Board of Directors has sanctioned a share buyback initiative. This program allows for the acquisition of a maximum of $50 million worth of the company's common stock and is now in effect. Hugo Sarrazin, Udemy's President and CEO, highlighted the company's strategic position to spearhead the upskilling revolution powered by generative AI in the evolving workforce landscape. The rapid advancement of technology further solidifies Udemy's competitive edge in this space.