Udemy, Inc. Stock Price, News & Analysis

Udemy (NASDAQ: UDMY), an AI-powered skills development platform, has announced three strategic leadership appointments to strengthen its executive team. Sonya Saunder, former Airbnb, YouTube, and Google executive, joins as Chief of Staff and VP of Strategy & Operations. Ann-Marie Darrough, previously at Coveo and IBM, becomes VP of Global Partnerships. Blaine Trainor, former SAP leader, takes the role of VP of Partner Ecosystems.

These appointments align with Udemy's transformation into an AI-powered platform for workforce development. The new executives bring extensive experience from leading tech companies, with Saunder focusing on corporate strategy and growth initiatives, Darrough leading global partner strategy to scale revenue, and Trainor building technology integration ecosystems for platform growth.

Udemy (UDMY) has acquired Lummi, an AI-driven design technology company, to enhance its learning platform capabilities. Lummi's AI-powered design tools will be integrated into Udemy's platform, enabling instructors to create custom illustrations and visual content for courses. The acquisition strengthens Udemy's AI capabilities and supports its transformation into a comprehensive upskilling platform. Instructors will access Lummi Pro through a planned Instructor Academy, while Udemy Business customers can purchase it as an add-on for enterprise and team plans. The integration aims to streamline content creation, enhance visual storytelling, and provide copyright-safe assets for corporate training. Founded in 2020 by Pablo Stanley and Jason Donnette, Lummi will join Udemy's Innovation Studio to advance product development and contribute to a future design-focused Career Accelerator offering.

Udemy (UDMY) has launched new AI Fluency Packages to help organizations and professionals develop AI skills. The company introduced two main offerings: the AI Readiness Package, featuring 50 curated courses and AI-powered learning tools, and the AI Growth Package, which includes 30+ additional learning paths for specialized AI skills. These packages build upon Udemy's successful AI course portfolio, which has achieved over 11 million enrollments. The platform leverages its dynamic marketplace to provide real-time updates on AI skills training, setting it apart from traditional publishers. Udemy currently serves nearly 80 million learners and over 17,000 organizations globally. The new packages include features like the Udemy AI Assistant for real-time coaching, AI-powered Role Play for soft skills development, and AI Skills Mapping for personalized learning paths.

Udemy (UDMY) has appointed Ozzie Goldschmied as its new Chief Technology Officer, while founder Eren Bali transitions to Head of Innovation. Goldschmied, with nearly 30 years of technology industry experience, will oversee Engineering, Design, Product, Data Science, and Technical Product Management teams, reporting to CEO Hugo Sarrazin. He previously co-founded Dayforce and served as CTO at Ceridian, leading a global team of 1,200+ employees. In his new role as Head of Innovation, Bali will focus on product vision and AI advancement through Udemy's Innovation Studio. The strategic restructuring aims to accelerate Udemy's transformation into an AI-powered skills development platform, which currently serves nearly 80 million users globally.

Udemy (NASDAQ: UDMY), an AI-powered reskilling platform, has partnered with Indeed, the world's leading job site, to create an integrated career development ecosystem. The partnership offers Indeed users 30 days of free access to Udemy's Personal Plan, featuring over 12,000 courses including 800 AI-focused programs. Udemy learners will receive special pricing for Indeed's career services like resume reviews and coaching. The collaboration introduces Career Accelerators in Udemy's Personal Plan, focusing on high-demand roles such as Data Scientist and Full Stack Web Developer. The partnership aims to bridge the skills gap by connecting learning opportunities directly with job placements, particularly emphasizing AI-related skills development and practical career advancement tools.

Udemy (UDMY), an AI-powered skills development platform with nearly 80M users, has secured a $200M senior secured revolving credit facility maturing on May 30, 2030. The company enters the agreement with no existing debt and holds over $350M in cash and equivalents as of March 31, 2025, bringing total liquidity to over $550M. The undrawn facility will enhance Udemy's financial flexibility to pursue strategic growth initiatives, accelerate AI innovation, and support both Enterprise and Consumer segments. The lending syndicate includes Citibank as Administrative Agent, MUFG Bank as Joint Lead Arranger, JPMorgan Chase Bank, and Morgan Stanley Senior Funding.

Udemy (UDMY) has launched Role Play, an innovative AI-powered solution for developing professional soft skills through interactive simulations. The platform enables practice of workplace scenarios like interviews, negotiations, and conflict resolution with real-time AI coaching. In just four weeks, Udemy creators have published over 3,100 Role Plays. The system features customizable scenarios, immediate feedback, and six distinct AI characters with customizable voices through ElevenLabs partnership. Role Play targets organizations seeking to close skills gaps, professionals pursuing career advancement, and course creators. According to Udemy's research, while 83% of senior leaders consider effective leadership crucial for skills transformation, only 28% of employees believe their leaders effectively communicate this strategic shift.

Udemy (UDMY) has launched its Innovation Studio, marking a strategic shift from an online marketplace to an AI-powered skilling platform. The studio aims to accelerate AI capabilities development across Udemy's platform, focusing on personalized learning experiences and real-world skill applications.

The studio's first release, "AI for Business Leaders," is a reskilling program for executives led by Helen Lee Kupp, featuring adaptive learning journeys and real-time content updates. The platform is developing innovative features including AI-powered roleplay simulations and a VR public speaking simulator.

The Innovation Studio focuses on two core areas: multi-modal learning experiences and personalized AI pathways, utilizing LLMs and recommendation engines to create tailored learning experiences. This initiative represents Udemy's commitment to continuous innovation in professional skilling.

Udemy (UDMY), an AI-powered reskilling platform, announced that CEO Hugo Sarrazin will participate in a fireside chat at the 53rd Annual J.P. Morgan Global Technology, Media, and Communications Conference. The session will be held on May 14, 2025, at 8:40 a.m. ET and will be accessible via live webcast through Udemy's investor relations website. The webcast recording will remain available for approximately 30 days after the event.