However, the success of the device depends on users' willingness to wear it constantly and have their personal conversations recorded and analyzed by an AI. Schiffmann claims that the company will not store or share the information captured by the device and that users can turn it off whenever they want. The device is available for pre-order at $600 per unit, with shipping expected to begin in the second half of 2024.
Key takeaways:
- Tab, a wearable AI startup, has raised $1.9 million in seed funding at a valuation of nearly $20 million. The company is developing an AI pendant that listens to your conversations and provides insights.
- The AI pendant, developed by Avi Schiffmann, captures day-to-day conversations and sends the audio to your phone and uploads it to the cloud, where it is transcribed and analyzed by ChatGPT.
- Schiffmann emphasizes that the technology is not meant to be a work assistant, but a "super-intelligent" friend, therapist or coach that remains available round the clock, captures behaviors and helps out with relevant insights.
- The device is up for pre-orders at $600 per unit, with shipping slated to begin sometime in the second half of 2024. However, concerns have been raised about the sharing of personal conversations and the willingness of people to wear it all the time.