Home Samsung invests $4.6 million on Audioburst, will add its services into Smart TVs

Samsung invests $4.6 million on Audioburst, will add its services into Smart TVs

Samsung Electronics have announced a partnership with Audioburst, the revolutionary AI-powered audio search platform, to deliver an incredible new listening experience for consumers. As per the terms of agreement, Samsung will incorporate the Audioburst services into its products globally, starting with Smart TVs.
“Audioburst’s mission is to organize the world’s audio content and now, together with Samsung, we will expand our global availability to more users around the world. To start with, our platform will add a new, personalized, searchable audio aspect to Samsung Smart TVs. So now consumers will get a personal assistant style experience on their devices,” said Amir Hirsh, co-founder and CEO, Audioburst.
With Audioburst, Samsung smart TV owners will be able to interact with the TV through voice-activated commands. Users can literally gather anything and everything from news, sports, entertainment, traffic, weather and many other areas of interest. The Israel based firm pulls all those details from news sites, podcasts, radio stations and more. Its platform analyzes millions of minutes of live and pre-recorded audio content each day, and tags and indexes them to make them searchable by keyword, context and topic. Audioburst also creates a “listening identity” for users and feeds them with the information based on previous listening preferences.
 

 
“Today, there are more than 33 million voice-first devices in homes and more than 30% of the mobile queries are voice searches. The answer people receive back from their device needs to be just as compelling. When you hear an actual audio clip from a newscast, an interview or a podcast segment specific to what you asked for, the experience is so much more engaging and emotional,” Mr. Hirsh added.
The new collaboration also sees Samsung Venture Investment, an affiliate of Samsung Electronics that specialises in fostering startups, investing $4.6 million on Audioburst. The South Korean tech giant said the investment was made through the venture company last year. The investment by Samsung extends Audioburst’s Series A round of financing to $11.3 million.
If we look at the things other way round, we can also term this investment by Samsung a bid to bolster its capabilities in the AI segment. Samsung may even merge Audioburts’s features with Bixby in the future, who knows. But more importantly, we will eventually see more Samsung devices with Audioburst services built-in. It’s just a matter of when.

About ReadWrite’s Editorial Process

The ReadWrite Editorial policy involves closely monitoring the gambling and blockchain industries for major developments, new product and brand launches, game releases and other newsworthy events. Editors assign relevant stories to in-house staff writers with expertise in each particular topic area. Before publication, articles go through a rigorous round of editing for accuracy, clarity, and to ensure adherence to ReadWrite's style guidelines.

Get the biggest iGaming headlines of the day delivered to your inbox

    By signing up, you agree to our Terms and Privacy Policy. Unsubscribe anytime.

    Gambling News

    Explore the latest in online gambling with our curated updates. We cut through the noise to deliver concise, relevant insights, keeping you informed about the ever-changing world of iGaming and its most important trends.

    In-Depth Strategy Guides

    Elevate your game with tailored strategies for sports betting, table games, slots, and poker. Learn how to maximize bonuses, refine your tactics, and boost your chances to beat the house.

    Unbiased Expert Reviews

    Honest and transparent reviews of sportsbooks, casinos and poker rooms crafted through industry expertise and in-depth analysis. Delve into intricacies, get the best bonus deals, and stay ahead with our trustworthy guides.