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Buzzy French voice startup PyannoteAI is in talks to raise around $10 million in funding, sources say

Nov 27, 2024 - businessinsider.com
French startup PyannoteAI is reportedly in talks to raise $10 million in initial funding at a valuation of around $40 million. The company, which launched in 2024, has developed an AI platform that can detect and identify speakers in audio transcriptions, a concept known as "speaker diarization". This technology can be used in various industries such as customer service and sales.

The AI sector in France has been growing since 2022, with startups in the generative AI space raising over $2.29 billion this year. Voice AI is also gaining popularity, with voice-cloning startup ElevenLabs seeking funding at a $3 billion valuation. OpenAI also released Voice Mode, a tool that allows users to have spoken conversations with ChatGPT.

Key takeaways:

  • PyannoteAI, a French startup specializing in voice intelligence models, is in talks to raise around $10 million in initial funding at a valuation of around $40 million.
  • The company's AI platform can automatically detect and identify speakers in audio transcriptions, a concept known as 'speaker diarization'.
  • France has become a hub for AI development, with startups in the generative AI space raising over $2.29 billion this year.
  • Voice AI is gaining popularity, with startups like ElevenLabs looking to raise funding at a $3 billion valuation and OpenAI releasing Voice Mode, a tool for spoken conversations with ChatGPT.
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