In-house venture funds at Amazon and Google are leading the charge into the voice-first revolution and pouring millions of dollars into startups
|11/30/2019||Posted by BusinessMediaguide.Com under General World News||
- Amazon and Google have been at the forefront of voice computing technology through smart devices like Amazon Echo and Google Home.
- The companies have created corporate venture funds like Alexa Fund to invest exclusively in voice-first startups to bolster the capabilities of smart assistants like Alexa.
- Paul Bernard, director of Amazon’s Alexa Fund, told Business Insider that corporate venture funds have been more active investors in voice tech than traditional venture firms. That is partly driven by self-interest in furthering the technology, he said, but also so that voice computing can become as widespread as read more >>>