Mentioned:
Self serve kiosks might be the next frontier for artificial intelligence. And a publicly traded company wants to be on the leading edge of it.
What’s happening:
- Cerence AI (NASDAQ: CRNC) has announced a new collaboration with speech technology company Code Factory to launch a conversational artificial intelligence solution known as VoiceTopping
Why it matters:
- VoiceTopping leverages artificial intelligence technology to be able to understand voice commands and answer questions and can be seamlessly integrated into self serve kiosks in restaurants, banks and even healthcare clinics
Going deeper:
- Code Factory is one of the most advanced private companies building speech-to-text platforms, having previously launched highly popular text-to-speech platform Eloquence for Android devices
- The new partnership between Cerence AI and Code Factory will focus on Cerence AI continuing to develop VoiceTopping’s technological capabilities and Code Factory being responsible for landing new deals and integrations with self serve kiosk operators
The intrigue:
- VoiceTopping also has the potential to be highly relevant in Europe, which is largely fuelled by a new regulation known as the European Accessibility Act which requires self serve kiosks to be both accessible and operable for individuals with disabilities and limited mobility
