Voice Technology/page/2 news and trends

SoundHound Pays Off $100 Million Debt After Lender Agreement 
artificial intelligence // June 10, 2024

SoundHound AI has reached an agreement to prepay its $100 million debt in full. The voice artificial intelligence (AI) firm announced that agreement with its lenders Monday (June 10), saying it substantially lowers its early payment costs and lets SoundHound save more than $55 million of interest and...

Waiting for Alexa: When Will Amazon Strike Up the AI Conversation?
artificial intelligence // May 22, 2024

Someday — and it may be soon — conversations with Amazon’s automated voice assistant Alexa may cost money. Amazon has been clear about its intentions to charge a subscription for a tiered Alexa service since last September. But improvements to voice technology driven by artificial intelligence (AI) may force the issue....

Apple AI Could Produce ‘Really Really Good’ Version of Siri
artificial intelligence // May 05, 2024

What if Apple’s voice assistant Siri “was really, really, really good?” That question is at the heart of much of the tech giant’s artificial intelligence (AI) research, according to a report Sunday (May 5) by The Verge reviewing those efforts. For example, a team of Apple...

Voice Assistants Learn the Art of Small Talk
Voice Activation // April 12, 2024

Voice assistants have already made significant strides in areas such as smart home integration, educational settings and business applications. However, their current capabilities are limited by a lack of robust reasoning and planning abilities.  Read more: AI’s First Year: How Voice Reshaped the Conversational Ecosystem In fact, just...

Interviews & Exclusives
Waiting for Alexa: When Will Amazon Strike Up the AI Conversation?

May 22, 2024
Someday — and it may be soon — conversations with Amazon’s automated voice assistant Alexa may cost money. Amazon has been clear about its intentions to charge a subscription for a tiered Alexa service since last September. But improvements to voice technology driven by artificial intelligence (AI) may force the issue. As an Amazon spokesperson confirmed to PYMNTS Wednesday (May 22), that […]

Thirty Percent of US Millennials Use a Voice Assistant to Pay Bills

October 24, 2023
The Voice Economy is gaining momentum as consumers turn to voice technology for a variety of tasks.  The most common tasks performed with this technology include watching TV or playing...

Voice Tech Adoption Uneven as Consumers Aim to Balance Convenience With Trust

October 06, 2023
Consumers today are increasingly seeking smarter, simpler, and more connected routines, and voice technology has the potential to fulfill these needs. However, the adoption of voice technology remains uneven as...

Presto CEO Says Tech-Wary Restaurant Customers May Change Their Tune as Prices Rise

August 05, 2022
As restaurants’ hiring challenges persist, many brands are turning towards automated solutions to lower their labor costs, and while some consumers may think these changes detract from the dining experience,...

Quick Reads
SoundHound Pays Off $100 Million Debt After Lender Agreement 

June 10, 2024
SoundHound AI has reached an agreement to prepay its $100 million debt in full. The voice artificial intelligence (AI) firm announced that agreement with its lenders Monday (June 10), saying it substantially lowers its early payment costs and lets SoundHound save more than $55 million of interest and fees that would have been due throughout the remaining duration […]

Apple AI Could Produce ‘Really Really Good’ Version of Siri

May 05, 2024
What if Apple’s voice assistant Siri “was really, really, really good?” That question is at the heart of much of the tech giant’s artificial intelligence (AI) research, according to a report...

Walmart Experiments With AI and AR to Enhance Shopping Experience

October 06, 2023
Walmart is embracing emerging technologies to enhance the shopping experience for its customers. With the aim of making shopping more convenient, Walmart is leveraging artificial intelligence (AI) and augmented reality (AR),...

Notable Introduces AI-Powered Patient Assistant for Healthcare Systems

September 12, 2023
Notable has added an artificial intelligence (AI)-powered assistant to its automation platform for patient engagement and staff workflows. The new Notable Assistant uses large language models (LLMs) and conversational AI to help patients interact...