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Home»Startups»How Melbourne startup Phonely landed in Y Combinator and why it believes voice is the next frontier for AI — Capital Brief
Startups

How Melbourne startup Phonely landed in Y Combinator and why it believes voice is the next frontier for AI — Capital Brief

prosperplanetpulse.comBy prosperplanetpulse.comJune 19, 2024No Comments2 Mins Read0 Views
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last week, apple The company announced that it will revamp its voice assistant Siri with generative AI technology. AmazonLast year, the e-commerce giant previewed new, larger language models to help power its enhanced smart speaker offerings, making it Alexa’s “north star.” And one of the world’s most prominent technology investors Andreessen Horowitz We published a paper on why it’s time for AI to reinvent the phone call.

Voice recognition could be the next frontier in the generative AI investment hotbed, and Australian startups are in hot demand Y Combinator.

Based in Melbourne Telephone AI is an AI receptionist that can conduct two-way phone calls with the voice and feel of a human. Will Bodewes and Nisar Ranasinghe He’ll fly to California later this month to begin one of Silicon Valley’s most prestigious accelerator programs.

“We’re seeing a lot of investor interest in voice as a great use case for language models,” said Fonly CEO Bodewes. Capital Brief“I think a lot of people at Y Combinator and in the investment world understand that.”

Bodewes’s view is that Apple, Amazon, GoogleTogether, they’re pouring millions of dollars into developing voice assistants 2.0, fueled by the belief that generative AI and large-scale language models can transform the early, clunky iterations of Siri, Alexa, and Google Assistant into devices that can develop memories, respond based on previous interactions, and feel like they’re truly having a conversation.



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