SoundHound acquires Amelia, which makes an AI agent that businesses can customize for internal or customer use, for $80M; PitchBook: Amelia raised $189M+
Ingrid Lunden / TechCrunch :
Sources: Apple made generative AI a tent-pole project after Craig Federighi and John Giannandrea spent weeks testing ChatGPT and found Siri to be antiquated
here's the key upgrades Adam Davidson / Pocket-lint : Siri is outdated, but a better version might be coming The Economic Times : iOS 18: Your iPhone may soon have ChatGPT Griffin Eckstein / Salon : A...
SoundHound raised $25M after reportedly laying off half of its staff and says it will pay former staff severance, which was allegedly contingent on the funding
Mack DeGeurin / Gizmodo :
Three ex-employees say SoundHound laid off ~200 people, or nearly 50% of its staff, offering two weeks of severance, paid only if the company raises more money
Mack DeGeurin / Gizmodo :
Three ex-employees say SoundHound laid off ~200 people, or ~50% of staff, with two weeks of severance that will only be paid if the company can raise more money
The massive restructuring comes just one year after the company went public via SPAC and two months after a separate layoff that cut 10% of staff. Tweets: @blakersdozen and @blakersdozen . Thanks: @bl...
SoundHound, which offers voice AI tech to companies like Mercedes-Benz, Snap, and Mastercard, is going public via a SPAC merger at a ~$2.1B valuation
- Company counts Mercedes-Benz, Snap, Pandora among customers — Shazam competitor's technology can identify a song via humming Source: Business Wire .
Pandora launches a personalized voice assistant on iOS and Android that will deliver personalized search results and allow users to control music playback
it's in cars PYMNTS.com : Pandora Debuts Voice Assistant Dani Deahl / The Verge : You can now control Pandora with voice commands Ryan Whitwam / Android Police : Pandora app gets voice controls powere...
Mercedes-Benz to integrate SoundHound's AI voice assistant in A-Class cars soon; the AI assistant is also coming to Kia and Hyundai cars in 2019
Matt Burns / TechCrunch :
SoundHound raises $100M from strategic investors including Tencent, Daimler, Hyundai, and others to grow its Houndify voice AI platform
As SoundHound looks to leverage its ten-plus years of experience and data to create a voice recognition tool that companies can bake into any platform …
SoundHound has raised $50M at an estimated $1B valuation in November, according to a fundraising document obtained by PitchBook
even though its one-time competitor, Shazam, just got sold for very cheap to Apple at nearly the exact same time. http://www.recode.net/...