(Reuters) -LinkedIn on Thursday for the first time disclosed sales for its premium subscription business, saying the unit hit $1.7 billion in revenue in 2023 as the company sees an uptick in adoption of new artificial intelligence tools.

LinkedIn, the social network aimed at business professionals, has not broken out its full financial performance since it was acquired by Microsoft in 2016. The company has previously disclosed that it made $15 billion in fiscal 2023, with $7 billion of that coming from hiring software that it sells to corporate recruiters.