Press Release
Recall.ai raises $10M to give any developer the ability to build AI meeting bots in days
–News Direct–
Conversations are now the worlds largest dataset. Millions of hours of meetings happen everyday over video conferencing platforms, and hundreds of companies try to make sense of these meetings using AI-powered meeting bots that take months to build. Today, the universal API for meeting bots Recall.ai has announced a $10 million funding round to allow engineers to integrate with any meeting platform, including Zoom, Google Meet, Microsoft Teams, Slack Huddles, and even platforms with no API. This funding round comes hot on the heels of 10x growth over the past 12 months.
The Series A funding round was led by Ridge Ventures with participation from Industry Ventures, Y Combinator, IrregEx, Bungalow Capital, Hack VC, and other existing investors. which will be used to scale Recall.ais product and team. This fresh investment brings the companys total amount raised to over $12M, following a $2.7 million seed round in December 2022.
It can take over one year for a team of specialist engineers to build the infrastructure and integrations required for even the most basic AI-powered meeting bots. After theyre built, companies face the bigger and more labor-intensive challenge of hosting and maintaining the infrastructure on hundreds of thousands of servers. In comparison, Recall.ai lets a single engineer get up and running with a meeting bot in a few days, even if they dont have expertise in real-time video processing. This lets companies focus on building their core product while Recall.ai runs, monitors, and scales complex, real-time video infrastructure.
"Recall has been a critical partner to us in rolling out Fellow.app's new AI copilot functionality which has been a huge hit with customers, explained Aydin Mirzaee, CEO of Fellow.app. We love working with Recall because they are focused on the infrastructure so that we can focus on what we're good at – solving meeting productivity for companies everywhere."
Co-founders David Gu and Amanda Zhu launched Recall.ai as two important trends emerged: a worldwide shift to remote work, and advances in AI technology that simplified the processing of unstructured voice and video data. Gu and Zhu previously worked on a real-time transcription tool for video conferences, where the bulk of their engineering teams effort was spent building and maintaining integrations with conferencing platforms. The duo realized companies building LLM tools to process data from virtual meetings today were running into the same integration and infrastructure hurdles they had already solved, and decided to start Recall.ai to enable the next generation of LLM-powered apps.
Over the last 12 months, Recall.ai has grown 10x and today ingests millions of hours of video meeting data for more than 300 companies. Customers are currently using the platform to build powerful tools that leverage conversation intelligence for sales enablement discussions, productivity, customer success, financial advising, telehealth applications, and virtual depositions, among other use cases. Recently, Recall also partnered with Zoom to release an official Meeting Bot Starter Kit that generates a transcript, requests a meeting summary, and provides it to participants in near real-time.
Conversations are the worlds largest dataset, said David Gu, co-founder at Recall.ai. Large language models continue to unlock conversations in exciting ways, and the demand for developers to capture this data has never been higher. Every SaaS company in the world should be using conversations as a data source. Recalls unified API makes it as easy as possible.
Recall is on its way to becoming the de facto infrastructural layer for all enterprise-level conversational data, added Akriti Dokania, Partner at Ridge Ventures. Video and voice data will only become more central to software companies moving forward. Providing infrastructure API access is a hard problem to solve and enterprises dont want to solve it in-houseRecalls tremendous growth proves it ten times over. Most importantly, David and Amanda are an ideal founding duo: technically gifted, tenacious, wise beyond their years, and always willing to learn and grow.
With this new funding, the company is primed for the next phase of growth. The same way that AWS provided common infrastructure that every company building a web application would need as they scale, Recall.ai is setting out to provide the common infrastructure for every company who needs to access and apply AI to conversations.
About Recall.ai
Recall.ai provides a single API for accessing real-time meeting data from platforms like Zoom, Microsoft Teams, Google Meet, and more. Real-time meeting integrations require a lot of moving parts, so Recall.ai provides a unified framework that simplifies this process. Recall.ai makes it easy to trigger actions based on who is speaking, when people join or leave a meeting, and more, all with a single API for every platform which helps lower development time and upkeep costs. The API can be used with both audio and video streams, even for meeting platforms that do not have a publicly accessible API.
About Ridge Ventures
Founded in 2007, Ridge Ventures is a seed and early-stage venture capital firm investing in founders who are redefining how the world interacts with data and code. Ridge takes a fast, flexible, and founder-focused approach, and backs companies delivering advanced technologies, new distribution models, and incredible user experiences. Find out more at www.ridge.vc
Contact Details
Recall.ai
Bilal Mahmood
+44 7714 007257
b.mahmood@stockwoodstrategy.com
Company Website
View source version on newsdirect.com: https://newsdirect.com/news/recall-ai-raises-10m-to-give-any-developer-the-ability-to-build-ai-meeting-bots-in-days-298036258
Recall AI
COMTEX_452466478/2655/2024-05-16T12:00:23
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Albuquerque, New Mexico, United States, 24th Oct 2024 — Pro Concrete Contractor Albuquerque, a trusted provider of high-quality residential and commercial concrete services, is excited to announce the launch of its newly designed website, theaustinpoolbuilders.com.
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The website has been designed to provide an intuitive layout, mobile-friendly functionality, and optimized content for improved search engine visibility. With a focus on customer satisfaction, the site also features a blog offering expert advice on concrete maintenance and project ideas, empowering visitors with the information needed to make informed decisions about their concrete needs.
About Pro Concrete Contractor Albuquerque
Pro Concrete Contractor Albuquerque is a leading provider of residential and commercial concrete solutions in the Albuquerque region. With years of experience, the company specializes in delivering exceptional craftsmanship in concrete installations, repairs, and decorative designs. Dedicated to customer satisfaction, Pro Concrete Contractor Albuquerque prides itself on its professionalism, attention to detail, and competitive pricing.
For more information, visit https://proconcretecontractoralbuquerque.com or contact:
Phone: (505) 500 1081
Email: info@proconcretecontractoralbuquerque.com
Media Contact
Organization: Pro Concrete Contractor Albuquerque
Contact Person: Santiago Lopez
Website: https://proconcretecontractoralbuquerque.com/
Email: Send Email
Contact Number: +15055001081
Address: 3701 High St NE
City: Albuquerque
State: New Mexico
Country: United States
Release Id: 24102418909
The post Pro Concrete Contractor Albuquerque Launches New Website to Meet Growing Demand appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Press Release
The Mining Future Introduces the Bitmain Antminer KS5 20Th—Efficiency and Profits in Crypto Mining
The Mining Future, one of the leading provider of cryptocurrency mining solutions in Middle East and Latin Amercia, is excited to announce the arrival of the Bitmain Antminer KS5 20Th, a new mining rig designed to help cryptocurrency miners boost their efficiency and profits. With a focus on delivering top performance, the KS5 20Th is here to meet the growing demands of today’s mining world.
The Bitmain Antminer KS5 20Th offers an impressive 20 terahashes per second (TH/s), making it perfect for miners looking to stay ahead in the competitive crypto space of Kaspa mining. Whether it is about mining on small scale or as part of a larger operation, this rig can provide the power any Kaspa miner needs to succeed.
Lower Energy Use, Bigger Profits
One of the biggest challenges for miners is the cost of electricity. The Bitmain Antminer KS5 20Th helps tackle this issue thanks to its high efficiency rates, thus using less energy without sacrificing performance. That means lower electricity bills and a quicker return on investment, allowing it to run a more profitable operation.
Built to Last and Ready for the Future
Not only is the Antminer KS5 20Th powerful, but it is also built to last even in the most tough environments. With a durable design and advanced cooling system, it can handle long hours of continuous operation without impacting its uptime. And with its high performance it can stay ahead of the curve despite the increasing network difficulty and the demands of more power, providing a competitive advantage for its owners.
Simple and Easy to Use for Everyone
The Antminer KS5 20Th has been designed to make it easy to set up and use. Its straightforward controls make it accessible to all types of miners, and with Bitmain’s customer support, you can be sure your mining operation is running smoothly without any hassle.
Hosting Services Now Available
For an even simpler mining experience, the miners can delegate its operations to professional crypto mining hosting service facilities. The Mining Future is now expanded its offering of hosting services for the Bitmain Antminer KS5 20Th. Its hosting solutions provide reliable infrastructure at a very affordable rates, so any miner can focus on just enjoying the profits while leaving all technicalities to the technical experts.
A Smart Investment in the Future of Mining
As cryptocurrency mining continues to grow, having powerful and efficient hardware is more important than ever. The Bitmain Antminer KS5 20Th gives miners the edge they need to stay profitable and competitive in this rapidly changing industry.
For more information or to set up a free consultation, please visit www.theminingfuture.com or contact their team at contact@theminingfuture.com.
About The Mining Future
The Mining Future provides top-notch crypto mining hardware and services, offering the latest technology to obtain maximum efficiency and profitability. Offering reliable equipment and cutting-edge hosting infrastructure, the company enables miners minimize downtime, extend equipment lifespan, and maximize profits.
Contact Details:
Contact Person: Gilbert Corbella
Phone No: 48 535 235 364
Address: Dubai Silicon Oasis, Dubai Digital Park, Building A2, Premises 10800-001, Dubai, United Arab Emirates.
Website URL: https://www.theminingfuture.com/
Email Address: contact@theminingfuture.com
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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
The Mining Future, one of the leading provider of cryptocurrency mining solutions in Middle East and Latin Amercia, is pleased to announce an exciting expansion to include the latest Antminer Hosting services. With a focus to staying ahead of the curve, The Mining Future now offers specialized hosting solutions for the latest Antminer models, including the S21 200T, S21 Pro 234T, S21 Hydro 335T, S21 XP Hydro 473T, and KS5 Pro 21T.
This service update addresses the latest releases from Bitmain’s top performing models, as well as accommodating the growing demand for more efficient, high-performing hosting solutions that support the newest technological advancements in crypto mining. By offering cutting-edge hosting solutions for these powerful devices, The Mining Future continues its commitment to enabling miners optimize their mining operations while increasing their profitability.
What’s New?
With the S21 series known for its impressive hashing power and energy efficiency, The Mining Future’s hosting services are designed to ensure maximum uptime and minimal operational costs. Here’s what miners can expect:
- Antminer S21 200T Hosting – Take advantage of the S21 200T’s capabilities with optimized energy consumption and enhanced operational efficiency.
- Antminer S21 Pro 234T Hosting – Experience industry-leading performance with infrastructure designed to support the S21 Pro’s superior hashing power.
- Antminer S21 Hydro 335T and S21 XP Hydro 473T Hosting – Benefit from advanced cooling systems tailored for the S21 Hydro, maximizing productivity without increasing energy costs.
- Antminer KS5 Pro 21T Hosting – Secure a hosting environment that ensures stability and peak performance for the top Kaspa miner model KS5 Pro, guaranteeing continuous operation and zero downtime.
Why Choose The Mining Future for Antminer Hosting?
The Mining Future can provide cutting edge cooling technology, reliable power management, and 24/7 monitoring. Its advanced Antminer Hosting services deliver the highest levels of efficiency and performance for the newest miners in the industry. Their secure, scalable facilities are built to handle the increasing power needs of these cutting-edge machines, giving miners a competitive advantage in today’s fast-paced cryptocurrency market.
For more information or to set up a free consultation, please visit www.theminingfuture.com or contact their team at contact@theminingfuture.com.
About The Mining Future
The Mining Future provides top-notch crypto mining hardware and services, offering the latest technology to obtain maximum efficiency and profitability. Offering reliable equipment and cutting-edge hosting infrastructure, the company enables miners minimize downtime, extend equipment lifespan, and maximize profits.
Contact Details:
Contact Person: Gilbert Corbella
Phone No: 48 535 235 364
Address: Dubai Silicon Oasis, Dubai Digital Park, Building A2, Premises 10800-001, Dubai, United Arab Emirates.
Website URL: https://www.theminingfuture.com/
Email Address: contact@theminingfuture.com
About Author
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.
Pro Concrete Contractor Albuquerque Launches New Website to Meet Growing Demand
The Mining Future Introduces the Bitmain Antminer KS5 20Th—Efficiency and Profits in Crypto Mining
The Mining Future Expands Antminer Hosting Services for S21 Series
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