The European Union’s competition regulator has given the all-clear to Microsoft’s $19.7 billion purchase of transcription tech firm Nuance, which was announced earlier this year. The EU said today it has concluded there are no competition concerns for the region if the acquisition goes ahead, clearing it without conditions. The deal was notified to the […]
Why SoundHound is valued at 5 Shazams
To find out why voice AI company SoundHound is set to go public via a SPAC at a nearly $2.1 billion valuation, let’s have a closer look at its history, and the case for its double unicorn valuation.
AI-driven voice assistant PolyAI raises $14M round led by Khosla Ventures
“Conversational AI” startup PolyAI, based out of London, has raised $14 million in a funding round led by Silicon Valley’s Khosla Ventures, with participation from existing investors (Point72 Ventures, Amadeus Capital, Sands Capital Ventures, Passion Capital and Entrepreneur First). This follows their $12 million Series A, and will provide resources for further U.S. expansion beyond […]
The cocktail party problem: Why voice tech isn’t truly useful yet
Our voice technologies have not been engineered to confront the messiness of the real world or the cacophony of our actual lives.