SoundHound doubles down on voice-enabled AI

This story was delivered to BI Intelligence Apps and Platforms Briefing subscribers. To learn more and subscribe, please click here. SoundHound, a startup that released its first voice assistant in March 2016, has raised $75 million in new funding, according to a Tuesday announcement. The company's AI platform, called Houndify, was built on top of 10 years of research and development (R&D) and powers SoundHoud's voice assistant app Hound. SoundHound plans to use this round of financing to make headway with its "collective AI" strategy, which enables developers using the Houndify platform to easily leverage information from third-party companies in order to improve their implementations of Houndify.