Mentioned:
An artificial intelligence powered voice assistant might be coming to cars in the very near future.
What’s happening:
- SoundHound (NASDAQ: SOUN) has entered into a new partnership with Nvidia (NASDAQ: NVDA) to develop an artificial intelligence powered voice assistant for vehicles
- The new technology is aiming to operate without any cloud connectivity and be capable of rapidly providing accurate information to drivers entirely through voice
The big idea:
- SoundHound has built a large language model that runs completely on the edge, meaning it doesn’t require any cloud connectivity to function
- Their voice technology platform is capable of providing both real time and generative artificial intelligence capabilities
- This allows individuals to rapidly get information on maintenance, safety or trip planning entirely through voice technology
Why it matters:
- Voice technology that leverages artificial intelligence is attracting an influx of talent and venture capital funding, with Eleven Labs notably raising $80M in a recent Series B financing to advance their text to audio artificial intelligence technology
Going deeper:
- The new partnership with Nvidia is part of SoundHound’s larger vision of being able to integrate artificial intelligence powered voice technology into applications such as gaming, banking and smart devices
- Nvidia’s new collaboration with SoundHound adds to their vast partnerships in artificial intelligence, which span across drug discovery, robotics, and even 3D printing
