AI-powered transcription startup Verbit raises $157M

Verbit AI

Verbit today announced the close of a $157 million series D round that the company says will bolster its product R&D and hiring efforts. CEO Tom Livne, who noted that the raise brings the company’s post-money valuation to more than $1 billion, said that the capital will also support the company’s geographic expansion as it prepares for an initial public offering.

Read More

Otter.ai’s new assistant can automatically transcribe your Zoom meetings (with Video)

Otter AI assistant

A.I.-powered voice transcription service Otter.ai wants to make it even easier for its business users to record their meetings. The company is today introducing a new feature, Otter Assistant, which can automatically join the Zoom meetings on your calendar, transcribe the conversations, and share the notes with other participants.

Read More

Microsoft launches Custom Neural Voice in limited access

Microsoft today announced the general availability of Custom Neural Voice, an Azure Cognitive Services product that lets developers create synthetic voices with neural text-to-speech technology. It’s in limited access, meaning customers must apply and be approved by Microsoft, but it’s ready for production and available in most Azure cloud regions.

Read More

Amazon launches Alexa Conversations in beta, lets developers deep-link skills to mobile apps

Alexa conversation

The company rolled out deep neural networks aimed at making Alexa natural language understanding more accurate for custom apps, as well as an API that allows the use of web technologies to build gaming apps for select Alexa devices.

Read More