Speechmatics raises $62M for its inclusive approach to speech-to-text AI – TechCrunch

Last week I wrote about an AI startup that's building technology that can alter, in real time, the accent of someone's speech. But what if the AI goal instead is to make it possible for people speaking in whatever way they do, to be understood just as they are, and to remove some of the bias inherent in a lot of AI systems in the process? There's a major need for that, too, and now a UK startup called Speechmatics -- which has built AI to translate speech to text, regardless of the accent or how the person speaks -- is announcing $62 million in funding to expand its business. Susquehanna Growth Equity out of the U.S. led the round with UK investors AlbionVC and IQ Capital also participating. This is Series B is a big step up for Speechmatics.