Hearing Voices, Counting Dollars
In the burgeoning world of generative AI, Resemble AI is making waves with an $8 million injection. On July 12, they announced their new-found wealth, courtesy of a Series A round led by Javelin Venture Partners.
Resemble, known for its voice-cloning capabilities, aims to use this funding to further refine its enterprise products while bolstering the company’s talent pool. With the tech world taking notice, the company is bound to echo in the halls of AI advancement.
From Games to Gains
Resemble AI was started as a small player in a big game. Originally, they catered their technology to the gaming industry, providing updated voice-overs that kept pace with version enhancements.
Resemble’s technology has since matured, now offering AI solutions that transfer voices across languages, generate personalized messages from voice actors, and develop real-time conversational agents.
This technology isn’t confined to gaming anymore. It recently caught the eye of some of the world’s largest media companies, propelling Resemble into the major leagues. This promising innovation has even sparked the interest of Big Tech incumbents like AWS (AMZN), Azure (MSFT), and Google Cloud (GOOGL).
Eyes and Ears on Ethics
Understandably, voice-clone scams and the potential misuse of deepfakes are looming concerns in the AI world and, to that end, Resemble has safeguards in place.
The company insists on a ‘consent clip’ from users when cloning voices, denying access if there’s a mismatch with the submitted voices. Stringent rules are in place for script adherence, with deviations raising a red flag for potential misuse. This commitment to ethical use not only ensures that Resemble AI stays on the right side of innovation but also gives users the peace of mind to enjoy the platform’s capabilities.
Resemble AI’s journey will be interesting for both investors and consumers to watch as it navigates technological innovation, ethical considerations, and booming market opportunities.
Looking for more stories like this? Check out On the Money — SoFi’s one-stop-shop for news, trends, and tips!
Please understand that this information provided is general in nature and shouldn’t be construed as a recommendation or solicitation of any products offered by SoFi’s affiliates and subsidiaries. In addition, this information is by no means meant to provide investment or financial advice, nor is it intended to serve as the basis for any investment decision or recommendation to buy or sell any asset. Keep in mind that investing involves risk, and past performance of an asset never guarantees future results or returns. It’s important for investors to consider their specific financial needs, goals, and risk profile before making an investment decision.
No brands or products mentioned are affiliated with SoFi, nor do they endorse or sponsor this content.
Communication of SoFi Wealth LLC an SEC Registered Investment Advisor
SoFi isn’t recommending and is not affiliated with the brands or companies displayed. Brands displayed neither endorse or sponsor this article. Third party trademarks and service marks referenced are property of their respective owners.