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Saturday, August 3, 2019

Startups Weekly: DoorDash gets a taste of Caviar

Hello and welcome back to Startups Weekly, a weekend newsletter that dives into the week’s noteworthy startups and venture capital news. Before I jump into today’s topic, let’s catch up a bit. Last week, I wrote about SoftBank’s second Vision Fund. Before that, I noted some challenges plaguing mental health tech startups.

Remember, you can send me tips, suggestions and feedback to kate.clark@techcrunch.com or on Twitter @KateClarkTweets. If you don’t subscribe to Startups Weekly yet, you can do that here.

What’s new?

This week DoorDash announced an agreement to acquire Caviar, an on-demand delivery business, from Square. DoorDash says it will pay $410 million for the company in a combination of cash and stock. If you’re thinking that seems like a lot of money, you are very much correct.

It’s so much money that all of us over here at TechCrunch were scratching our heads trying to understand why DoorDash would shell out that kind of cash. After all, Square paid only $90 million in stock for Caviar when it acquired the company back in 2014. However, DoorDash is VC cash-rich. The business, still privately-owned, has raised an astronomical sum of venture capital. This year alone it’s raised $1 billion, including a Series G funding of $600 million that valued it at $12.6 billion.

When a company raises that many huge rounds so close together, you can only assume it’s burning through a lot of cash. When it comes time for DoorDash to begin pitching Wall Street for an IPO — we’re thinking late next year — established subsidiaries like Caviar will at least help bolster its IPO-ready narrative.

With monster companies like DoorDash, Grubhub and UberEats owning the food delivery space, we will no doubt see more big M&A deals and more startups die. (Remeber the insane fall of Munchery, anyone?) But will any of these efforts ever become profitable? Or will DoorDash burn through cash until there’s just no more cash left to burn?

#Equitypod

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If you enjoy this newsletter, be sure to check out TechCrunch’s venture-focused podcast, Equity. In this week’s episode, available here, Equity co-host Alex Wilhelm and I attempt to make sense of DoorDash’s acquisition of Caviar. Equity drops every Friday at 6:00 am PT, so subscribe to us on Apple PodcastsOvercast and Spotify.

Big Deals

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M&A

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Venture Fundraising

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Extra Crunch

Here’s your weekly reminder that for a low price — a complete bargain really — you can learn more about the startups and venture capital ecosystem with a subscription to Extra Crunch. We offer exclusive deep dives, Q&As, newsletters, resources and recommendations, and fundamental startup how-to guides to our subscribers. Here are some of the best EC posts of the week:



https://ift.tt/2GN6NcK Startups Weekly: DoorDash gets a taste of Caviar https://ift.tt/2SZLysQ

Facebook to admit ownership of Instagram, WhatsApp in hard-to-read small-print

For the first time in more than half a decade, Facebook wants to inform you that it owns Instagram, the hyper-popular rival social networking app it acquired for a $1BN steal back in 2012.

Ditto messaging platform WhatsApp — which Mark Zuckerberg splurged $19BN on a couple of years later to keep feeding eyeballs into his growth engine.

Facebook is adding its own brand name alongside the other two — in the following format: ‘Instagram from Facebook’; ‘WhatsApp from Facebook.’

The cheap perfume style rebranding was first reported by The Information which cites three people familiar with the matter who told it employees for the two apps were recently notified internally of the plan to rebrand.

“The move to add Facebook’s name to the apps has been met with surprise and confusion internally, reflecting the autonomy that the units have operated under,” it said. Although it also reported that CEO Mark Zuckerberg has also been frustrated that Facebook doesn’t get more credit for the growth of Instagram and WhatsApp.

So it sounds like Facebook may be hoping for a little reverse osmosis brand-washing — aka leveraging the popularity of its cleaner social apps to detoxify the scandal-hit mothership.

Not that Facebook is saying anything like that publicly, of course.

In a statement to The Information confirming the rebranding it explained it thus: “We want to be clearer about the products and services that are part of Facebook.”

The rebranding also comes at a time when Facebook is facing at least two antitrust investigations on its home turf — where calls for Facebook and other big tech giants to be broken up are now a regular feature of the campaign trail…

We can only surmise the legal advice Facebook must be receiving vis-a-vis what it should do to try to close down break up arguments that could deprive it of its pair of golden growth geese.

Arguments such as the fact most Instagram (and WhatsApp) users don’t even know they’re using a Facebook-owned app. Hence, as things stand, it would be pretty difficult for Facebook’s lawyers to successfully argue Instagram and WhatsApp users would be harmed if the apps were cut free by a break-up order.

But now — with the clumsy ‘from Facebook’ construction — Facebook can at least try to make a case that users are in a knowing relationship with Facebook in which they willingly, even if not lovingly, place their eyeballs in Zuckerberg’s bucket.

In which case Facebook is not telling you the Instagram user that it owns Instagram for your benefit. Not even slightly.

Note, for example, the use of the comparative adjective “clearer” in Facebook’s statement to explain its intent for the rebranding — rather than a simple statement: ‘we want to be clear’.

It’s definitely not saying it’s going to individually broadcast its ownership of Instagram and WhatsApp to each and every user on those networks. More like it’s going to try to creep the Facebook brand in. Which is far more in corporate character.

At the time of writing a five day old update of of Instagram’s iOS app already features the new construction — although it looks far more dark pattern than splashy rebrand, with just the faintest whisker of grey text at the base of the screen to disclose that you’re about to be sucked into the Facebook empire (vs a giant big blue ‘Create new account’ button winking to be tapped up top… )

Here’s the landing screen — with the new branding. Blink and you’ll miss it…

image2

So not full disclosure then. More like just an easily overlooked dab of the legal stuff — to try to manage antitrust risk vs the risk of Facebook brand toxicity poisoning the (cleaner) wells of Instagram and WhatsApp.

There are signs the company is experimenting in some extremely dilute cross-brand-washing too.

The iOS app description for Instagram includes the new branding — tagged to an ad style slogan that gushes: “Bringing you closer to the people and things you love.”  But, frankly, who reads app descriptions?

image1

Up until pretty recently, both Instagram and WhatsApp had a degree of independence from their rapacious corporate parent — granted brand and operational independence under the original acquisition terms and leadership of their original founders.

Not any more, though. Instagram’s founders cleared out last year. While WhatsApp’s jumped ship between 2017 and 2018.

Zuckerberg lieutenants and/or long time Facebookers are now running both app businesses. The takeover is complete.

Facebook is also busy working on entangling the backends of its three networks — under a claimed ‘pivot to privacy‘ which it announced earlier this year.

This also appears intended to try to put regulators off by making breaking up Facebook much harder than it would be if you could just split it along existing app lines. Theories of user harm potentially get more complicated if you can demonstrate cross-platform chatter.

The accompanying 3,000+ word screed from Zuckerberg introduced the singular notion of “the Facebook network”; aka one pool for users to splash in, three differently colored slides to funnel you in there.

“In a few years, I expect future versions of Messenger and WhatsApp to become the main ways people communicate on the Facebook network,” he wrote. “If this evolution is successful, interacting with your friends and family across the Facebook network will become a fundamentally more private experience.”

The ‘from Facebook’ rebranding thus looks like just a little light covering fire for the really grand dodge Facebook is hoping to pull off as the break-up bullet speeds down the pipe: Aka Entangling its core businesses at the infrastructure level.

From three networks to one massive Facebook-owned user data pool. 

One network to rule them all, one network to find them,
One network to bring them all, and in the regulatory darkness bind them



from Social – TechCrunch https://ift.tt/2ZtChM7 Facebook to admit ownership of Instagram, WhatsApp in hard-to-read small-print Natasha Lomas https://ift.tt/2KlppkP
via IFTTT

Friday, August 2, 2019

Early bird pricing ends next week for TC Sessions: Enterprise 2019

Here are five words you’ll never hear spring from the mouth of an early stage startupper. “I don’t mind paying more.” We feel you, and that’s why we’re letting you know that the price of admission to TC Sessions Enterprise 2019, which takes place on September 5, goes up next week.

Our $249 early-bird ticket price remains in play until 11:59 p.m. (PT) on August 9. Buy your ticket now and save $100.

Now that you’ve scored the best possible price, get ready to experience a full day focused on what’s around the corner for enterprise — the biggest and richest startup category in Silicon Valley. More than 1,000 attendees, including many of the industry’s top founders, CEOs, investors, and technologists will join TechCrunch’s editors on stage for interviews covering all the big enterprise topics – AI, the cloud, Kubernetes, data and security, marketing automation, event quantum computing, to name a few.

This conference features more than 20 sessions on the main stage plus separate Q&As with the speakers and breakout sessions. Check out the agenda here.

Just to peek at one session, TechCrunch’s Connie Loizos will interview three top VCs –  Jason Green (Emergence Capital), Maha Ibrahim (Canaan Partners) and Rebecca Lynn (Canvas Ventures) – in a session entitled Investing with an Eye to the Future: In an ever-changing technological landscape, it’s not easy for VCs to know what’s coming next and how to place their bets. Yet, it’s the job of investors to peer around the corner and find the next big thing, whether that’s in AI, serverless, blockchain, edge computing or other emerging technologies. Our panel will look at the challenges of enterprise investing, what they look for in enterprise startups and how they decide where to put their money.

Want to boost your ROI? Take advantage of our group discount — save 20 percent when you buy four or more tickets at once. And remember, for every ticket you buy to TC Sessions: Enterprise, we’ll register you for a free Expo Only pass to TechCrunch Disrupt SF on October 2-4.

TC Sessions: Enterprise takes place on September 5, but your chance to save $100 ends next week. No one enjoys paying more, so buy an early bird ticket today, cross it off your to-do list and enjoy your savings.

Is your company interested in sponsoring or exhibiting at TC Sessions: Enterprise 2019? Contact our sponsorship sales team by filling out this form.



https://ift.tt/eA8V8J Early bird pricing ends next week for TC Sessions: Enterprise 2019 https://ift.tt/31eTl90

What to expect from Samsung’s Galaxy Note event

{rss:content:encoded} What to expect from Samsung’s Galaxy Note event https://ift.tt/2SYwFXK https://ift.tt/2MBIzpm August 02, 2019 at 07:28PM

Samsung’s never been particularly good at keeping things under wraps. That’s no doubt, at least in part, by design. The company loves priming the rumor pump ahead of product announcements, and like clockwork, we’ve already seen plenty of what we expect is planned for next Wednesday’s Unpacked event in Brooklyn.

Earlier this week, Samsung announced the Galaxy Tab S6, its latest shot against the iPad Pro. Doing low-key product announcements ahead of events has become a bit of a thing of late. Apple and Google both did it earlier this year. Among other things, it’s a way of letting the world know that you’ve got more stuff to announce than a single event could possibly hold.

It seems like Samsung’s got a fair amount lined up for Wednesday, but the big show at Barclays is really about one thing:

The Galaxy Note 10

Screen Shot 2019 08 02 at 1.05.42 PM

Duh, right?

If there’s one thing Samsung likes more than devices, it’s a lot of devices. Following on the heels of a bunch of new Galaxy S devices, the company is expected to release between two and three new models.

The big news here is the expected addition of a Plus or Pro model. For whatever percentage of the population that’s been holding off on buying a Note over concerns that the screen just isn’t large enough, the new model is a expected to support a 6.8-inch display compared to the standard Note’s 6.3 (both AMOLED). That’s definite tablet territory, but Samsung’s made great strides on the body-to-screen ratio front, so it may not be the size and weight of a manhole cover.

A third model, which is more wishful thinking than full-on rumor for now, has the company releasing a 5G model. It makes sense from a strategy standpoint. Samsung released an everything-and-the-kitchen-sink version of the S10 with 5G last month, and the company clearly prides itself at being one of the first to bring the tech to market — even though carriers haven’t really caught up.

Rumors point to a triple-lens camera this time out, including a 16-megapixel ultra-wide on board, while the Pro/Plus is getting a depth-sensing time of flight sensor. Internally, we expect the addition of the Snapdragon 855 Plus. The Note would be among the first to sport the newly souped-up chip announced by Qualcomm a couple of weeks back.

Charging is expected to be sped up to support the beefy 3,600mAh/4,300mAh batteries, and 8/12GB of RAM are expected on the standard and Plus models, along with 25GB of storage.

Oh yeah, and then there’s that dongle.

Galaxy Watch Active 2

Screen Shot 2019 08 02 at 1.07.25 PM

It’s been less than half a year since Samsung showed off the original Galaxy Watch Active, but the company is rumored to already be ready for part two. Available in both 40 and 44mm versions, the watches are said to bring ECG detection and fall monitoring, following recent additions for the Apple Watch. Rumors also point to the removal of the spinning physical bezel in favor of a touch version.

Etc.

DSCF5301 1

More information on the Galaxy Fold seems like a no-brainer. We got a rough time frame of September a couple of weeks back. I’d anticipate something more specific on the long-awaited and much-delayed foldable, along with some more information on those fixes.

Similarly MIA is the Galaxy Home, which was announced this time last year. We still don’t have a specific date on the company’s HomePod competitor, in spite of rumors that the company was already working on a cheaper version. Or maybe Samsung would rather sweep the Bixby delivery device under the carpet altogether?

All will be revealed on Wednesday, August 7, starting at 1PM ET/11AM PT.

Biome Makers closes $4M to assess the quality of the ‘gut bacteria’ of a farm’s soil

The agriculture industry faces huge problems of sustainability. The world’s population is increasing, leading to higher food demand, but this then threatens increasing deforestation, pesticide use and some fertilizers that are responsible for greenhouse emissions. Farming can also be a source of carbon sequestration, but how to preserve that? Plus, land quality is being decreased due to over-farming. All this while agriculture has been an underserved industry in terms of technology development compared to others.

So it’s the right time to look at the importance of the “microbiome” in agriculture processes to understand what’s really happening in our crops. The microbiome comprises all of the genetic material within a microbiota (the entire collection of microorganisms in a specific niche, such as in farming). It’s like looking at your gut bacteria, but for a farm.

Soil contains millions of microbes that all play a crucial role in the health of the crop, and this is why microbes in the soil are an important “biomarker.” Thus, understanding the microbes in the soil can lead to important actionable data.

Today Biome Makers, a technology company that uses advanced data analytics and artificial intelligence to analyze a soil’s ecosystem and provide actionable data-driven insights to farmers, has closed a $4 million financing round led by Seaya Ventures and JME Ventures, with participation by London VC LocalGlobe. The financing will be used to keep expanding the company’s footprint across different geographies (U.S., Europe, LatAm) and crop types, as well as an assessment system for agricultural products.

The company was founded by Adrián Ferrero (CEO) and Alberto Acedo (CSO), who have previously co-founded a successful startup in digital healthcare and have a strong scientific background. This is the second financing round for the company, as it has previously raised $2 million from a group of international investors, including Illumina, the global leading manufacturer of DNA sequencing instruments, through the Illumina Accelerator, and Viking Global Investors, a leading U.S.-based investment management firm.

Although other companies such as Indigo Ag, Concentric, Pivot Bio or Marrone Bio Innovations use similar techniques for biome identification, they claim to be the only company providing an open digital service and portal aimed at farmers, in order to democratize the microbiological information that will help them make informed decisions about their agricultural practices.

Biome Makers takes a different approach and looks below the surface. Currently, there are many companies that carry out physical-chemical analysis of the soil, but until now the microbiome dimension has not been taken into account. They say it is a new way of looking at the soil that provides information that had not been taken into account when making decisions in the field.



https://ift.tt/eA8V8J Biome Makers closes $4M to assess the quality of the ‘gut bacteria’ of a farm’s soil https://ift.tt/2OAlG8A

A closer look at China’s smartphone market

{rss:content:encoded} A closer look at China’s smartphone market https://ift.tt/2MExBjb https://ift.tt/2LWYsqW August 02, 2019 at 06:00PM

In February 2013, China surpassed the United States to become the world’s largest smartphone market. More than half a decade on, it still proves an elusive target for international sellers. A glance at reports from the past several shows reveals the top spots dominated by homegrown names: Huawei, Vivo, Oppo, Xiaomi.

Combined, the big four made up roughly 84 percent of the nearly 100 million smartphones shipped last quarter, per new numbers from Canalys. Even international giants like Apple and Samsung have trouble cracking double-digit market share. Of the two, Apple has generally done better, with around six percent of the market — around six times Samsung’s share.

But Apple’s struggles have been very visible nonetheless, as the company has invested a good deal of its own future success into the China market. At the beginning of the year, the company took the rare action of lowering its guidance for Q1, citing China as the primary driver.

“While we anticipated some challenges in key emerging markets, we did not foresee the magnitude of the economic deceleration, particularly in Greater China,” Tim Cook said in a letter to shareholders at the time. “In fact, most of our revenue shortfall to our guidance, and over 100 percent of our year-over-year worldwide revenue decline, occurred in Greater China across iPhone, Mac and iPad.”

When it came time to report, things were disappointing as expected. The company’s revenue in the area dropped nearly $5 billion, year over year. On the tail of two rough quarters, things picked up a bit for Apple in the country. This week, Tim Cook noted “great improvement” in Greater China.

Babylon Health confirms $550M raise at $2B+ valuation to expand its AI-based health services

Babylon Health, the UK-based startup that has developed a number of AI-based health services, including a chatbot used by the UK’s National Health Service to help diagnose ailments, has confirmed a massive investment that it plans to use to expand its business to the US and Asia, and expand its R&D to diagnose more serious, chronic conditions. It has closed a $550 million round of funding, valuing Babylon Health at over $2 billion, it announced today.

This is the largest-ever fundraise in Europe or US for digital health delivery, Babylon said.

“Our mission at Babylon is to put accessible and affordable healthcare into the hands of everyone on earth,” said Dr Ali Parsa, founder and CEO of Babylon, in a statement. “This investment will allow us to maximise the number of lives we touch across the world. We have a long way to go and a lot still to deliver. We are grateful to our investors, our partners and 1,500 brilliant Babylonians for allowing us to forge ahead with our mission. Chronic conditions are an increasing burden to affordability of healthcare across the globe. Our technology provides a solid base for a comprehensive solution and our scientists, engineers, and clinicians are excited to work on it. We have seen significant demand from partners across the US and Asia. While the burden of healthcare is global, the solutions have to be localised to meet the specific needs and culture of each country.”

Before today’s announcement, the investment — a Series C — had been the subject of a lot of leaks, with reports over recent days suggesting the investment was anywhere between $100 million and $500 million.

The round brings together a number of strategic and financial investors including PIF (Saudi Arabia’s Public Investment Fund); a large US-based health insurance company (which reports suggest to be Centene Corporation, although Babylon is not disclosing the name); Munich Re’s ERGO Fund; and returning investors Kinnevik and Vostok New Ventures. (Previous investors who do not appear to be in this round also include Demis Hassabis, the AI expert who co-founded DeepMind, which is now a part of Google.)

This is a big leap for the company, which had raised more modest rounds in the past such as this $60 million investment three years ago (it had only raised about £72 million in total prior to this round). Babylon said that of this latest Series C, $450 million has been secured already, with another $50 million agreed to be exercised at a later date, and the remainder getting closed “shortly.” (The PIF has been a prolific, if controversial, investor in a number of huge startups such as Uber and wider investment vehicles like SoftBank’s Vision Fund.)

We’re at a moment right now when it seems like a daily occurrence that a new company or service launches using AI to advance health. (Among that group, competitors to Babylon Health include MDLive, HealthTap, Push Doctor and many more.)

But even within that bigger trend, Babylon has emerged as one of the key players. In addition to its work in the UK — which includes an NHS service that it offers to “take over” a user’s local GP relationship to diagnose minor ailments remotely, as well as a second-track Babylon Private paid tier that it’s built in partnership with private insurer Bupa — it says other partners include Prudential, Samsung and Telus.

The NHS deal is an interesting one: the state’s health service is thought of by many as a national treasure, but it’s been very hard hit by budget problems, the strain of an ageing and growing population, and what seems sometimes like a slow-release effort to remove some of its most important and reliable services and bring more privitisation into the mix.

Bringing in AI-based services that remove some of the overhead of people managing problems that machines can do just as well is one way of taking some of that pressure off the system — or so the logic goes, at least. The idea is that by handling some of the smaller issues, it helps prioritise the more urgent and difficult problems for people and face-to-face meetings.

That additionally gives Babylon (and others in digital health) a big opportunity to break down some of the more persistent problems in healthcare, such as providing services in developing economies and remote regions: one of its big efforts alongside rollouts in mature markets like the UK and Canada has been a service in Rwanda to bring health services to digital platforms for the first time.

Babylon has been growing and says it delivers 4,000 clinical consultations each day, or one patient interaction every 10 seconds. It says that it now covers 4.3 million people worldwide, with more than 1.2 million digital consultations completed to date, with more than 160,000 five-star ratings for our appointments.

That is the kind of size and potential that has interested investors.



https://ift.tt/eA8V8J Babylon Health confirms $550M raise at $2B+ valuation to expand its AI-based health services https://ift.tt/2T2VySj

Africa Roundup: Canal+ acquires ROK, Flutterwave and Alipay partner, OPay raises $50M

In July, French television company Canal+ acquired the ROK film studio from VOD company IROKOtv.

Canal+ would not disclose the acquisition price, but confirmed there was a cash component of the deal.

Founded by Jason Njoku in 2010 — and backed by $45 million in VC — IROKOtv boasts the world’s largest online catalog of Nollywood: a Nigerian movie genre that has become Africa’s de facto film industry and one of the largest globally (by production volume).

Based in Lagos, ROK film studios was incubated to create original content for IROKOtv, which can be accessed digitally anywhere in the world.

ROK studio founder and producer Mary Njoku  will stay on as director general under the Canal+ acquisition.

With the ROK deal, Canal+ looks to bring the Nollywood production ethos to other African countries and regions. The new organization plans to send Nigerian production teams to French speaking African countries starting this year.

The ability to reach a larger advertising network of African consumers on the continent and internationally was a big acquisition play for Canal+.

San Francisco and Lagos-based fintech  startup Flutterwave  partnered with Chinese e-commerce company Alibaba’s Alipay to offer digital payments between Africa and China.

Flutterwave is a Nigerian-founded B2B payments service (primarily) for companies in Africa to pay other companies on the continent and abroad.

Alipay is Alibaba’s digital wallet and payments platform. In 2013, Alipay surpassed PayPal in payments volume and currently claims a global network of more than 1 billion active users, per Alibaba’s latest earnings report.

A large portion of Alipay’s network is in China, which makes the Flutterwave integration significant to capturing payments activity around the estimated $200 billion in China-Africa trade.

Flutterwave will earn revenue from the partnership by charging its standard 3.8% on international transactions. The company currently has more than 60,000 merchants on its platform, according to CEO Olugbenga Agboola.

In a recent Extra Crunch feature, TechCrunch tracked Flutterwave as one of several Africa-focused fintech companies that have established headquarters in San Francisco and operations in Africa to tap the best of both worlds in VC, developers, clients and digital finance.

Flutterwave’s Alipay collaboration also tracks a trend of increased presence of Chinese companies in African tech. July saw Chinese owned Opera raise $50 million in venture spending to support its growing West African digital commercial network, which includes browser, payments and ride-hail services. The funds are predominately for OPay, an Opera owned, Africa-focused mobile payments startup.

Lead investors included Sequoia China, IDG Capital and Source Code Capital. Opera also joined the round in the payments venture it created.

OPay will use the capital (which wasn’t given a stage designation) primarily to grow its digital finance business in Nigeria — Africa’s most populous nation and largest economy.

OPay will also support Opera’s growing commercial network in Nigeria, which includes motorcycle ride-hail app ORide and OFood delivery service.

Opera founded OPay in 2018 on the popularity of its internet search engine. Opera’s web-browser has ranked No. 2 in usage in Africa, after Chrome, the last four years.

July also saw transit tech news in East Africa. Global ride-hail startup InDriver launched its app-based service in Kampala (Uganda), bringing its Africa operating countries to four: Kenya, Uganda, South Africa and Tanzania. InDriver’s mobile app allows passengers to name their own fare for nearby drivers to accept, decline or counter.

Nairobi-based internet hardware and service startup BRCK and Egyptian ride-hail venture Swvl are partnering to bring Wi-Fi and online entertainment to on-demand bus service in Kenya.

Swvl BRCK Moja KenyaBRCK is installing its routers on Swvl vehicles in Kenya to run its Moja service, which offers free public Wi-Fi — internet, music and entertainment — subsidized by commercial partners.

Founded in Cairo in 2017, Swvl is a mass transit service that has positioned itself as an Uber for shared buses.

The company raised a $42 million Series B round in June, with intent to expand in Africa, Swvl CEO Mostafa Kandil said in an interview.

BRCK and Swvl wouldn’t confirm plans on expanding their mobile internet partnership to additional countries outside of Kenya.

Africa’s ride-hail markets are becoming a multi-wheeled and global affair making the continent home to a number of fresh mobility use cases, including the BRCK and Swvl Wi-Fi partnership.

More Africa-related stories @TechCrunch

African tech around the ‘net



https://ift.tt/2Oz9eG4 Africa Roundup: Canal+ acquires ROK, Flutterwave and Alipay partner, OPay raises $50M https://ift.tt/2KnuCZl

Following Ninja’s news, Mixer pops to top of the App Store’s free charts

Yesterday, Tyler “Ninja” Blevins announced that he’s leaving Twitch, moving his streaming career over to Microsoft’s Mixer platform. This morning, Mixer has shot to the top of the App Store’s free app charts.

Microsoft acquired Mixer in 2016, back when it was called Beam, and has been trying to grow the platform since. However, Mixer has had a tough go of it with competition from the industry leader, Twitch, as well as other tech giants like Google (YouTube) and Facebook.

In fact, Mixer represented just three percent of game streaming viewership hours in the last quarter, according to StreamElements.

Microsoft had this to say about Ninja’s move:

We’re thrilled to welcome Ninja and his community to Mixer. Mixer is a place that was formed around being positive and welcoming from day one, and we look forward to the energy Ninja and his community will bring.

mixerNinja announced the news with a video, which didn’t offer much by way of reasons for the move. It’s highly likely that Microsoft paid a pretty penny for it, though that hasn’t been officially confirmed.

In less than 24 hours, his new Mixer channel has picked up more than 250K followers, and Mixer has risen to the top of the App Store charts.

It’s early days for the switch, but it’s still a long way to go to get back to the 14 million followers Ninja enjoyed on Twitch.



https://ift.tt/2T193lg Following Ninja’s news, Mixer pops to top of the App Store’s free charts https://ift.tt/2Kdo019

Texas joins growing list of AGs looking to block T-Mobile/Sprint merger

{rss:content:encoded} Texas joins growing list of AGs looking to block T-Mobile/Sprint merger https://ift.tt/2KcVk8w https://ift.tt/2yvP6JZ August 02, 2019 at 03:51PM

Late last week, the DOJ green lit T-Mobile and Sprint’s $26 billion deal to become nation’s number three carrier. The deal isn’t officially official just yet, with some prominent opposition facing the merger. A growing list of attorneys general have sued to block the merger, and other big name just came on board.

With the addition of Texas Attorney General Ken Paxton, the number moves to 15, including the District of Columbia. California, Colorado, Connecticut, the District of Columbia, Maryland, Michigan, Mississippi, New York, Virginia and Wisconsin filed the initial suit in June and were soon joined by Hawaii, Massachusetts, Minnesota and Nevada.

Notably, Paxton is one of only two Republicans on the list — probably not surprising as many conservative lawmakers have suggested that a merger of the third and forth largest carriers might actually promote competition. Trump appointed DOJ antitrust chief Makan Delrahim agreed with carrier suggestions that a merger would help a larger T-Mobile accelerate 5G growth.

Paxton disagreed with the sentiments.

“After careful evaluation of the proposed merger and the settlement, we do not anticipate that the proposed new entrant will replace the competitive role of Sprint anytime soon,” Paxton said in a statement provided to TechCrunch. “It is the Attorney General’s responsibility to preserve free market competition, which has proven to result in lower prices and better quality for consumers. The bargain struck by the U.S. Department of Justice is not in the best interest of working Texans, who need affordable mobile wireless telecommunication services that are fit to match the speed and technological innovation demands of Texas’ growing economy.”

T-Mobile has also come under scrutiny for intense lobbying, including $195,000 spent at Trump’s D.C. hotel since last April.

Unpacking DoorDash’s $410M Caviar acquisition

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast, where we unpack the numbers behind the headlines.

This week Kate and Alex were back to dig through a surprising number of fresh rounds and new funds along with a little breaking news. The traditional VC summer is nowhere to be seen in 2019, so expect the show to stay packed for the foreseeable future.

DoorDash’s decision to buy Caviar from Square upended our agenda. The decacorn’s decision to drop $410 million in cash and stock on an asset that Square had spent around $90 million on was nearly confusing. Square couldn’t offload the damn thing for $100 million back in 2016; Jack’s second company has now shed an unprofitable arm that looked less and less core to its operations as time has gone along. And DoorDash turned cash and stock into a bit of growth.

Next on the docket was Clearbanc. The company, which wants to disrupt venture capital by popularizing the revenue-based financing model, raised a $50 million round and announced a $250 million fund. We’re keeping a close eye on this company, as its fast-growth is relatively unmatched. Plus, Kate’s interviewing Clearbanc co-founder Michele Romanow at TechCrunch Disrupt San Francisco, our annual conference that brings together the leaders of tech today. So that’s fun.

In this week’s edition of SaaS Watch, Monday.com raised $150 million at a $1.9 billion valuation. The corporate task management and productivity company is another firm selling software to help teams work together more efficiently. Slack, Asana, Notion and others are working in related areas.

Our second to last topic was Compass. There wasn’t enough time to go too deep but here’s the TL;DR: Compass raised a whopping $370 million on a valuation of $6.4 billion.

And finally, PowerPlant ventures raised a second, larger fund. The new $165 million vehicle will follow the first (a $42 million capital pool, as TechCrunch reported), investing in plant-based food companies. With the epic rise of Beyond Meat on the public markets, plant-based foods are hot and investors want a bite of the results. Also, we dig niche, focused funds.

Reminder, you can connect with us via email at equitypod@techcrunch.com. We’re open to feedback, suggestions and even compliments!

Equity drops every Friday at 6:00 am PT, so subscribe to us on Apple PodcastsOvercastSpotify, Pocket Casts, Downcast and all the casts.



https://ift.tt/eA8V8J Unpacking DoorDash’s $410M Caviar acquisition https://ift.tt/336HVGf

Scottish spaceport closer to launch after land lease signed

Plans to open a new spaceport in Sutherland in Scotland have moved closer to final approval: The real estate companies working on the deal have signed a 75-year lease for the land to be used for Space Hub Sutherland, which will look to launch small satellites via private launch services from companies including startup Orbex, a micro-launch startup founded in 2015, and Lockheed Martin.

The land lease is still dependent on final approval being given for the spaceport to be built, which is in process as the groups behind its development, including the UK Space Agency, are in process of working out the designs, funding and environmental impact studies. All of this will contribute to an overall planning application, which the partners are hoping will pave the way for construction to begin in 2020.

Sutherland isn’t the only spaceport the UK is looking to open in an effort to open up its commercial launch capabilities: There are also plans in the works to open one in Cornwall, with support and funding from both the UKSA and Richard Branson’s Virgin Orbit.



https://ift.tt/eA8V8J Scottish spaceport closer to launch after land lease signed https://ift.tt/2KealW4

Bring your team to Disrupt Berlin 2019 and save big

Early-stage startuppers around the world are getting ready for Disrupt Berlin 2019, which takes place on 11-12 December. Our premier tech conference attracts an international startup community from more than 50 countries. It’s the intersection of current and future tech and an incomparable networking opportunity.

You reap big savings with our super early-bird pricing (up to €600), but you can save even more when you buy in bulk. We want to make Disrupt Berlin a team-friendly event, because nobody wants to play rock, paper, scissors, lizard, Spock to see who stays home. Take advantage of our group discounts and bring your whole squad to Berlin.

  • Buy five or more Innovator passes at once and enjoy a 20% discount
  • Buy two or more Founder or Investor passes at once and enjoy a 10% savings

Bring the team and multiply your ROI. Split up and experience more of what Disrupt Berlin offers in two short days — world-class speakers, workshops, fireside chats, Q&A Sessions, the Extra Crunch stage and Startup Alley for starters. Let’s look a little closer, shall we?

You’ll hear advice and insight from leading founders and investors, like PicsArt founder and CEO Hovhannes Avoyan, UiPath founder and CEO Daniel Dines and SoftBank Vision Fund partner David Thevenon — to name just a few. We’re still adding speakers, and if you have someone you’d like to nominate, let us know.

Don’t miss out on Startup Battlefield. Our legendary pitch competition features the best early-stage startups launching their companies on a global stage in a bid for glory, the Disrupt Cup, investor love, media coverage and $50,000 cash. Keep your eyes peeled for the chance to enter this epic competition — sign up to get the latest Disrupt Berlin news.

We expect more than 3,000 attendees, and just about all of them will head to Startup Alley to explore our exhibition floor. They’ll find hundreds of creative early-stage startups displaying their latest innovations across the tech spectrum. It’s a networking opportunity like no other. Turn your team loose and let the startup magic begin.

Startup Alley is also home to the TC Top Picks. That’s our curated cadre of startups representing the very best in their tech categories. Check out our TC Top Picks from 2018. Think your startup can make the cut? You’ll have the opportunity to apply soon — another great reason to keep tabs on Disrupt Berlin news.

Join us at Disrupt Berlin 2019 on 11-12 December. So many excellent reasons to go and a limited amount of time to experience it all. Take advantage of our super early-bird group discounts and bring your whole team to amplify your presence and your ROI. We’ll see you in Berlin!

Is your company interested in sponsoring or exhibiting at Disrupt Berlin 2019? Contact our sponsorship sales team by filling out this form.



https://ift.tt/eA8V8J Bring your team to Disrupt Berlin 2019 and save big https://ift.tt/319T6fr

Digital identity startup Yoti raises additional £8M at a valuation of £82M

Yoti, the London startup offering a digital identity platform and app that lets you prove who you say you are when accessing services or making age verified purchases, has raised £8 million in additional funding.

Backing the round is unnamed private investors, Yoti employees, and Robin Tombs, the startup’s co-founder and CEO, who previously founded and exited online gambling company Gamesys. I’m told that the startup has had around £65 million in investment in total since being founded in 2014, the majority of which has been made by Tombs and another Yoti co-founder, Noel Hayden.

Noteworthy, Yoti says the injection of capital comes with a new valuation of £82 million, up from £40 million when Yoti raised £8 million about a year and a half ago. The caveat being, of course, that Tombs and Hayden have effectively helped to set that valuation from both sides of the table.

“The current identity system is broken, outdated and insecure; we still have to show physical identity documents simply to prove who we are,” says Tombs, explaining the problem Yoti has set out to solve. “But this results in us sharing an excessive amount of personal information, putting us at risk of identity fraud. Additionally, millions of ID documents are lost and stolen every year, and our online accounts are vulnerable to data hacks”.

Launched in November 2017, Yoti’s solution includes the Yoti digital identity app, which claims over 4.7 million installs. It essentially replaces a traditional ID card or other paper proof of identity. Yoti also has various partnerships that sees organisations use its ID verification technology within their own apps and websites.

The idea is that Yoti can be used to prove your age on nights out, to check out faster when buying age restricted items at a store, for safer online dating and other social interactions online, or for accessing various business or government services.

The underlying system is granular, too: a company or organisation can ask to verify only certain aspects of your identity that you choose to share on a need-to-know basis.

“At Yoti we believe in putting people in control to share less personal information and enabling businesses to know who they are dealing with using less, higher quality verified data,” says Tombs. “For instance, someone could use Yoti to prove their age to buy age-restricted goods, but only share that they are 18+ to the business. This helps protect the individual’s personal data and privacy, whilst giving the company the details they need to be compliant. Everyone wins”.

Yoti can also potentially be used to help children be safer online by reducing the number of fake accounts and ensuring age guidelines are more strictly adhered to.

“As a parent, it’s very concerning just how easy it is for young kids to create social media accounts and access explicit age-restricted content online unchecked,” he says. “It’s too easy to create a fake profile online and give false details, so we can’t be confident about who we are meeting online”.

More broadly, Tombs argues that a digital identity platform can also support social inclusion for people who otherwise have no form of identity at all. “Over 1.1 billion people around the world don’t have any form of identification; leaving them socially excluded, left behind and unable to access essential services. We want to help fix these issues. We believe everyone, no matter who they are or where they’re from, deserves a safe way of proving their identity,” he says.

To that end, Yoti has formed a variety of partnerships spanning retail, government, travel and social media. These include Heathrow Airport, which is working with Yoti to explore biometric travel for passengers; NCR, which is using Yoti to improve age-verification at self-checkouts, and Yubo, which is deploying Yoti to verify the age of users and to “safeguard” young people online.

Last year, Yoti was selected by the Government of Jersey as its digital identity provider. This, we are told, has seen 10% of the Jersey adult population use Yoti.

Meanwhile, Yoti says it has developed a “private and secure” browser-based age verification solution called ProveMyAge, as it looks to cash in on the U.K.’s upcoming new Digital Economy Act. The product is designed to help adult websites comply with the age verification requirements of the legislation, which is set to come into force later this year.



https://ift.tt/eA8V8J Digital identity startup Yoti raises additional £8M at a valuation of £82M https://ift.tt/335QMbj

Thursday, August 1, 2019

UrbanClap, India’s largest home services startup, raises $75M

UrbanClap, a marketplace for freelance labor in India and the UAE, has raised $75 million in a new financing round to expand its business.

The Series E round for the four-and-a-half-year old India-based startup was led Tiger Global. Existing investors Steadview Capital, which led the startup’s Series D in December last year, and Vy Capital also participated in the current round. The startup, which has raised about $185 million to date, said some early investors sold portions of their stake as part of the new round.

Through its platform, UrbanClap matches service people such as cleaners, repair staff and beauticians with customers across 10 cities in India and Dubai and Abu Dhabi. The startup supports 20,000 “micro-franchisees” (service professionals) with around 450,000 transactions taking place each month, cofounder and CEO Abhiraj Bhal told TechCrunch.

Bhal said that UrbanClap helps offline service workers, who have traditionally relied on getting work through middleman such as some store or word of mouth networks, to find more work. And they earn more, too. UrbanClap offers a more direct model, with workers keeping 80% of the cost of their jobs. That, Bhal said, means workers can earn multiples more and manage their own working hours.

“The UrbanClap model really allows them to become service entrepreneurs. Their earnings will shoot up two or three-fold, and it isn’t uncommon to see it rise as much as 8X — it’s a life-changing experience,” he said. Average value of a service is between $17 to $22, according to the company.

In recent years, UrbanClap has also started to offer training, credit, and basic banking services to better support the service workers on its platform. On its website, UrbanClap claims to offer 73 services — including kitchen cleaning, hairdressing, and yoga training. It says it has served 3 million customers.

Bhal said that around 20-25% of applicants are accepted into the platform, that’s a decision based on in-person meetings, background and criminal checks, as well as a “skills” test. Workers are encouraged to work exclusively — though it isn’t a requirement — and they wear UrbanClap outfits and represent the brand with customers.



https://ift.tt/eA8V8J UrbanClap, India’s largest home services startup, raises $75M https://ift.tt/2Mzpqog

Dasha AI is calling so you don’t have to

While you’d be hard pressed to find any startup not brimming with confidence over the disruptive idea they’re chasing, it’s not often you come across a young company as calmly convinced it’s engineering the future as Dasha AI.

The team is building a platform for designing human-like voice interactions to automate business processes. Put simply, it’s using AI to make machine voices a whole lot less robotic.

“What we definitely know is this will definitely happen,” says CEO and co-founder Vladislav Chernyshov. “Sooner or later the conversational AI/voice AI will replace people everywhere where the technology will allow. And it’s better for us to be the first mover than the last in this field.”

“In 2018 in the US alone there were 30 million people doing some kind of repetitive tasks over the phone. We can automate these jobs now or we are going to be able to automate it in two years,” he goes on. “If you multiple it with Europe and the massive call centers in India, Pakistan and the Philippines you will probably have something like close to 120M people worldwide… and they are all subject for disruption, potentially.”

The New York based startup has been operating in relative stealth up to now. But it’s breaking cover to talk to TechCrunch — announcing a $2M seed round, led by RTP Ventures and RTP Global: An early stage investor that’s backed the likes of Datadog and RingCentral. RTP’s venture arm, also based in NY, writes on its website that it prefers engineer-founded companies — that “solve big problems with technology”. “We like technology, not gimmicks,” the fund warns with added emphasis.

Dasha’s core tech right now includes what Chernyshov describes as “a human-level, voice-first conversation modelling engine”; a hybrid text-to-speech engine which he says enables it to model speech disfluencies (aka, the ums and ahs, pitch changes etc that characterize human chatter); plus “a fast and accurate” real-time voice activity detection algorithm which detects speech in under 100 milliseconds, meaning the AI can turn-take and handle interruptions in the conversation flow. The platform can also detect a caller’s gender — a feature that can be useful for healthcare use-cases, for example.

Another component Chernyshov flags is “an end-to-end pipeline for semi-supervised learning” — so it can retrain the models in real time “and fix mistakes as they go” — until Dasha hits the claimed “human-level” conversational capability for each business process niche. (To be clear, the AI cannot adapt its speech to an interlocutor in real-time — as human speakers naturally shift their accents closer to bridge any dialect gap — but Chernyshov suggests it’s on the roadmap.)

“For instance, we can start with 70% correct conversations and then gradually improve the model up to say 95% of correct conversations,” he says of the learning element, though he admits there are a lot of variables that can impact error rates — not least the call environment itself. Even cutting edge AI is going to struggle with a bad line.

The platform also has an open API so customers can plug the conversation AI into their existing systems — be it telephony, Salesforce software or a developer environment, such as Microsoft Visual Studio.

Currently they’re focused on English, though Chernyshov says the architecture is “basically language agnostic” — but does requires “a big amount of data”.

The next step will be to open up the dev platform to enterprise customers, beyond the initial 20 beta testers, which include companies in the banking, healthcare and insurance sectors — with a release slated for later this year or Q1 2020.

Test use-cases so far include banks using the conversation engine for brand loyalty management to run customer satisfaction surveys that can turnaround negative feedback by fast-tracking a response to a bad rating — by providing (human) customer support agents with an automated categorization of the complaint so they can follow up more quickly. “This usually leads to a wow effect,” says Chernyshov.

Ultimately, he believes there will be two or three major AI platforms globally providing businesses with an automated, customizable conversational layer — sweeping away the patchwork of chatbots currently filling in the gap. And of course Dasha intends their ‘Digital Assistant Super Human Alike’ to be one of those few.

“There is clearly no platform [yet],” he says. “Five years from now this will sound very weird that all companies now are trying to build something. Because in five years it will be obvious — why do you need all this stuff? Just take Dasha and build what you want.”

“This reminds me of the situation in the 1980s when it was obvious that the personal computers are here to stay because they give you an unfair competitive advantage,” he continues. “All large enterprise customers all over the world… were building their own operating systems, they were writing software from scratch, constantly reinventing the wheel just in order to be able to create this spreadsheet for their accountants.

“And then Microsoft with MS-DOS came in… and everything else is history.”

That’s not all they’re building, either. Dasha’s seed financing will be put towards launching a consumer-facing product atop its b2b platform to automate the screening of recorded message robocalls. So, basically, they’re building a robot assistant that can talk to — and put off — other machines on humans’ behalf.

Which does kind of suggest the AI-fuelled future will entail an awful lot of robots talking to each other… 🤖🤖🤖

Chernyshov says this b2c call screening app will most likely be free. But then if your core tech looks set to massively accelerate a non-human caller phenomenon that many consumers already see as a terrible plague on their time and mind then providing free relief — in the form of a counter AI — seems the very least you should do.

Not that Dasha can be accused of causing the robocaller plague, of course. Recorded messages hooked up to call systems have been spamming people with unsolicited calls for far longer than the startup has existed.

Dasha’s PR notes Americans were hit with 26.3BN robocalls in 2018 alone — up “a whopping” 46% on 2017.

Its conversation engine, meanwhile, has only made some 3M calls to date, clocking its first call with a human in January 2017. But the goal from here on in is to scale fast. “We plan to aggressively grow the company and the technology so we can continue to provide the best voice conversational AI to a market which we estimate to exceed $30BN worldwide,” runs a line from its PR.

After the developer platform launch, Chernyshov says the next step will be to open up access to business process owners by letting them automate existing call workflows without needing to be able to code (they’ll just need an analytic grasp of the process, he says).

Later — pegged for 2022 on the current roadmap — will be the launch of “the platform with zero learning curve”, as he puts it. “You will teach Dasha new models just like typing in a natural language and teaching it like you can teach any new team member on your team,” he explains. “Adding a new case will actually look like a word editor — when you’re just describing how you want this AI to work.”

His prediction is that a majority — circa 60% — of all major cases that business face — “like dispatching, like probably upsales, cross sales, some kind of support etc, all those cases” — will be able to be automated “just like typing in a natural language”.

So if Dasha’s AI-fuelled vision of voice-based business process automation come to fruition then humans getting orders of magnitude more calls from machines looks inevitable — as machine learning supercharges artificial speech by making it sound slicker, act smarter and seem, well, almost human.

But perhaps a savvier generation of voice AIs will also help manage the ‘robocaller’ plague by offering advanced call screening? And as non-human voice tech marches on from dumb recorded messages to chatbot-style AIs running on scripted rails to — as Dasha pitches it — fully responsive, emoting, even emotion-sensitive conversation engines that can slip right under the human radar maybe the robocaller problem will eat itself? I mean, if you didn’t even realize you were talking to a robot how are you going to get annoyed about it?

Dasha claims 96.3% of the people who talk to its AI “think it’s human”, though it’s not clear what sample size the claim is based on. (To my ear there are definite ‘tells’ in the current demos on its website. But in a cold-call scenario it’s not hard to imagine the AI passing, if someone’s not paying much attention.)

The alternative scenario, in a future infested with unsolicited machine calls, is that all smartphone OSes add kill switches, such as the one in iOS 13 — which lets people silence calls from unknown numbers.

And/or more humans simply never pick up phone calls unless they know who’s on the end of the line.

So it’s really doubly savvy of Dasha to create an AI capable of managing robot calls — meaning it’s building its own fallback — a piece of software willing to chat to its AI in future, even if actual humans refuse.

Dasha’s robocall screener app, which is slated for release in early 2020, will also be spammer-agnostic — in that it’ll be able to handle and divert human salespeople too, as well as robots. After all, a spammer is a spammer.

“Probably it is the time for somebody to step in and ‘don’t be evil’,” says Chernyshov, echoing Google’s old motto, albeit perhaps not entirely reassuringly given the phrase’s lapsed history — as we talk about the team’s approach to ecosystem development and how machine-to-machine chat might overtake human voice calls.

“At some point in the future we will be talking to various robots much more than we probably talk to each other — because you will have some kind of human-like robots at your house,” he predicts. “Your doctor, gardener, warehouse worker, they all will be robots at some point.”

The logic at work here is that if resistance to an AI-powered Cambrian Explosion of machine speech is futile, it’s better to be at the cutting edge, building the most human-like robots — and making the robots at least sound like they care.

Dasha’s conversational quirks certainly can’t be called a gimmick. Even if the team’s close attention to mimicking the vocal flourishes of human speech — the disfluencies, the ums and ahs, the pitch and tonal changes for emphasis and emotion — might seem so at first airing.

In one of the demos on its website you can hear a clip of a very chipper-sounding male voice, who identifies himself as “John from Acme Dental”, taking an appointment call from a female (human), and smoothly dealing with multiple interruptions and time/date changes as she changes her mind. Before, finally, dealing with a flat cancelation.

A human receptionist might well have got mad that the caller essentially just wasted their time. Not John, though. Oh no. He ends the call as cheerily as he began, signing off with an emphatic: “Thank you! And have a really nice day. Bye!”

If the ultimate goal is Turing Test levels of realism in artificial speech — i.e. a conversation engine so human-like it can pass as human to a human ear — you do have to be able to reproduce, with precision timing, the verbal baggage that’s wrapped around everything humans say to each other.

This tonal layer does essential emotional labor in the business of communication, shading and highlighting words in a way that can adapt or even entirely transform their meaning. It’s an integral part of how we communicate. And thus a common stumbling block for robots.

So if the mission is to power a revolution in artificial speech that humans won’t hate and reject then engineering full spectrum nuance is just as important a piece of work as having an amazing speech recognition engine. A chatbot that can’t do all that is really the gimmick.

Chernyshov claims Dasha’s conversation engine is “at least several times better and more complex than [Google] Dialogflow, [Amazon] Lex, [Microsoft] Luis or [IBM] Watson”, dropping a laundry list of rival speech engines into the conversation.

He argues none are on a par with what Dasha is being designed to do.

The difference is the “voice-first modelling engine”. “All those [rival engines] were built from scratch with a focus on chatbots — on text,” he says, couching modelling voice conversation “on a human level” as much more complex than the more limited chatbot-approach — and hence what makes Dasha special and superior.

“Imagination is the limit. What we are trying to build is an ultimate voice conversation AI platform so you can model any kind of voice interaction between two or more human beings.”

Google did demo its own stuttering voice AI — Duplex — last year, when it also took flak for a public demo in which it appeared not to have told restaurant staff up front they were going to be talking to a robot.

Chernyshov isn’t worried about Duplex, though, saying it’s a product, not a platform.

“Google recently tried to headhunt one of our developers,” he adds, pausing for effect. “But they failed.”

He says Dasha’s engineering staff make up more than half (28) its total headcount (48), and include two doctorates of science; three PhDs; five PhD students; and ten masters of science in computer science.

It has an R&D office in Russian which Chernyshov says helps makes the funding go further.

“More than 16 people, including myself, are ACM ICPC finalists or semi finalists,” he adds — likening the competition to “an Olympic game but for programmers”. A recent hire — chief research scientist, Dr Alexander Dyakonov — is both a doctor of science professor and former Kaggle No.1 GrandMaster in machine learning. So with in-house AI talent like that you can see why Google, uh, came calling…

Dasha

 

But why not have Dasha ID itself as a robot by default? On that Chernyshov says the platform is flexible — which means disclosure can be added. But in markets where it isn’t a legal requirement the door is being left open for ‘John’ to slip cheerily by. Bladerunner here we come.

The team’s driving conviction is that emphasis on modelling human-like speech will, down the line, allow their AI to deliver universally fluid and natural machine-human speech interactions which in turn open up all sorts of expansive and powerful possibilities for embeddable next-gen voice interfaces. Ones that are much more interesting than the current crop of gadget talkies.

This is where you could raid sci-fi/pop culture for inspiration. Such as Kitt, the dryly witty talking car from the 1980s TV series Knight Rider. Or, to throw in a British TV reference, Holly the self-depreciating yet sardonic human-faced computer in Red Dwarf. (Or indeed Kryten the guilt-ridden android butler.) Chernyshov’s suggestion is to imagine Dasha embedded in a Boston Dynamics robot. But surely no one wants to hear those crawling nightmares scream…

Dasha’s five-year+ roadmap includes the eyebrow-raising ambition to evolve the technology to achieve “a general conversational AI”. “This is a science fiction at this point. It’s a general conversational AI, and only at this point you will be able to pass the whole Turing Test,” he says of that aim.

“Because we have a human level speech recognition, we have human level speech synthesis, we have generative non-rule based behavior, and this is all the parts of this general conversational AI. And I think that we can we can — and scientific society — we can achieve this together in like 2024 or something like that.

“Then the next step, in 2025, this is like autonomous AI — embeddable in any device or a robot. And hopefully by 2025 these devices will be available on the market.”

Of course the team is still dreaming distance away from that AI wonderland/dystopia (depending on your perspective) — even if it’s date-stamped on the roadmap.

But if a conversational engine ends up in command of the full range of human speech — quirks, quibbles and all — then designing a voice AI may come to be thought of as akin to designing a TV character or cartoon personality. So very far from what we currently associate with the word ‘robotic’. (And wouldn’t it be funny if the term ‘robotic’ came to mean ‘hyper entertaining’ or even ‘especially empathetic’ thanks to advances in AI.)

Let’s not get carried away though.

In the meanwhile, there are ‘uncanny valley’ pitfalls of speech disconnect to navigate if the tone being (artificially) struck hits a false note. (And, on that front, if you didn’t know ‘John from Acme Dental’ was a robot you’d be forgiven for misreading his chipper sign off to a total time waster as pure sarcasm. But an AI can’t appreciate irony. Not yet anyway.)

Nor can robots appreciate the difference between ethical and unethical verbal communication they’re being instructed to carry out. Sales calls can easily cross the line into spam. And what about even more dystopic uses for a conversation engine that’s so slick it can convince the vast majority of people it’s human — like fraud, identity theft, even election interference… the potential misuses could be terrible and scale endlessly.

Although if you straight out ask Dasha whether it’s a robot Chernyshov says it has been programmed to confess to being artificial. So it won’t tell you a barefaced lie.

Dasha

How will the team prevent problematic uses of such a powerful technology?

“We have an ethics framework and when we will be releasing the platform we will implement a real-time monitoring system that will monitor potential abuse or scams, and also it will ensure people are not being called too often,” he says. “This is very important. That we understand that this kind of technology can be potentially probably dangerous.”

“At the first stage we are not going to release it to all the public. We are going to release it in a closed alpha or beta. And we will be curating the companies that are going in to explore all the possible problems and prevent them from being massive problems,” he adds. “Our machine learning team are developing those algorithms for detecting abuse, spam and other use cases that we would like to prevent.”

There’s also the issue of verbal ‘deepfakes’ to consider. Especially as Chernyshov suggests the platform will, in time, support cloning a voiceprint for use in the conversation — opening the door to making fake calls in someone else’s voice. Which sounds like a dream come true for scammers of all stripes. Or a way to really supercharge your top performing salesperson.

Safe to say, the counter technologies — and thoughtful regulation — are going to be very important.

There’s little doubt that AI will be regulated. In Europe policymakers have tasked themselves with coming up with a framework for ethical AI. And in the coming years policymakers in many countries will be trying to figure out how to put guardrails on a technology class that, in the consumer sphere, has already demonstrated its wrecking-ball potential — with the automated acceleration of spam, misinformation and political disinformation on social media platforms.

“We have to understand that at some point this kind of technologies will be definitely regulated by the state all over the world. And we as a platform we must comply with all of these requirements,” agrees Chernyshov, suggesting machine learning will also be able to identify whether a speaker is human or not — and that an official caller status could be baked into a telephony protocol so people aren’t left in the dark on the ‘bot or not’ question. 

“It should be human-friendly. Don’t be evil, right?”

Asked whether he considers what will happen to the people working in call centers whose jobs will be disrupted by AI, Chernyshov is quick with the stock answer — that new technologies create jobs too, saying that’s been true right throughout human history. Though he concedes there may be a lag — while the old world catches up to the new.

Time and tide wait for no human, even when the change sounds increasingly like we do.



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