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A Market to Harness: Speech Recognition Artificial Intelligence (AI) Innovations On The Rise

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The voice recognition market is under continued market growth and is expected to reach USD 27.155 billion by 2026, at a CAGR of 16.8% over the forecast period 2021 - 2026, according to Mordor Intelligence. Voice and speech recognition is technology that assists in receiving and interpreting the human voice and carrying out spoken commands. This type of technology is widely increasing in access to mobile devices and other consumer electronics due to improvements from a variety of capabilities from network improvements, data storage, open API integrations and most notably from Artificial Intelligence. With the rising use of artificial intelligence (AI) and virtual assistants, such as Apple Siri, Amazon Alexa, Google Assistant, new voice and audio solutions like Clubhouse plus the increased use of online collaboration software like Microsoft Teams, Zoom or Cisco's Webex, the demand for speech recognition software is accelerating. And we cannot forget about the agile innovators like TikTok, that is a video-focused social networking service owned by Chinese company ByteDance.


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The voice recognition market is under continued market growth and is expected to reach USD $27.155 billion by 2026, at a CAGR of 16.8% over the forecast period 2021 - 2026, according to Mordor Intelligence. Voice and speech recognition is technology that assists in receiving and interpreting the human voice and carrying out spoken commands. This type of technology is widely increasing in access to mobile devices and other consumer electronics due to improvements from a variety of capabilities from network improvements, data storage, open API integrations and most notably from Artificial Intelligence. With the rising use of artificial intelligence (AI) and virtual assistants, such as Apple Siri, Amazon Alexa, Google Assistant, new voice and audio solutions like Clubhouse plus the increased use of online collaboration software like Microsoft Teams, Zoom or Cisco's Webex, the demand for speech recognition software is accelerating. And we cannot forget about the agile innovators like TikTok, that is a video-focused social networking service owned by Chinese company ByteDance.


🇺🇸 Machine learning job: Senior Deep Learning Researcher (Speech Recognition) at AssemblyAI (work from anywhere!)

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Senior Deep Learning Researcher (Speech Recognition) at AssemblyAI Remote › Worldwide, 100% remote position Salary $140,000 - 225,000 Job description AssemblyAI is an AI company - we build powerful models to transcribe and understand audio data, exposed through simple APIs. Hundreds of companies, and thousands of developers, use our APIs to both transcribe and understand millions of videos, podcasts, phone calls, and zoom meetings every day. Our APIs power innovative products like conversational intelligence platforms, zoom meeting summarizers, content moderation, and automatic closed captioning. We've been growing at breakneck speed, and are backed by leading investors including Y Combinator's AI Fund, Patrick and John Collision (Founders of Stripe), Nat Friedman (Former CEO of GitHub), and Daniel Gross (Entrepreneur & Investor in companies including GitHub, Uber, Coinbase, SpaceX, Instacart, Notion, and Cruise Automation). AssemblyAI's Speech-to-Text APIs are already trusted by Fortune 500s, startups, and thousands of developers around the world, with well-known customers including Spotify, Algolia, Dow Jones, The Wall Street Journal, and NBCUniversal.


Startup: AssemblyAI Represents New Generation Speech Recognition - AI Trends

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Advances in the AI behind speech recognition are driving growth in the market, attracting venture capital and funding startups, posing challenges to established players. The growing acceptance and use of speech recognition devices are driving the market, which according to an estimate by Meticulous Research is expected to reach $26.8 billion globally by 2025, according to a recent account in Analytics Insight. Better speed and accuracy are among the benefits of the evolving technology. One company in the throes of this new growth, AssemblyAI of San Francisco, is offering an API for speech recognition capable of transcribing videos, podcasts, phone calls, and remote meetings. The company was founded by CEO Dylan Fox in 2017 and has received backing from Y Combinator, a startup accelerator, as well as NVIDIA.


The real cost of cloud computing - VentureBeat - UrIoTNews

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We are excited to bring Transform 2022 back in-person July 19 and virtually July 20 – 28. The public cloud is growing rapidly and the market for the technology is expected to reach $1.3 trillion by 2025. The cloud has revolutionized the computing industry and enabled many applications, business models and enterprises, which otherwise wouldn't have been possible. Immediate availability, scalability, minimal capital expenditure and streamlined developer experience are its main advantages -- but it comes at a cost. Due to a lack of in-house infrastructure optimization capabilities, most enterprises stick to the cloud even after achieving certain maturity. To keep cloud spending under control, enterprises have built or acquired tools and services.