Advances in AI, machine learning, natural language processing, and more fueled speech industry progress in the past year.
ReadSpeaker, a Dutch company founded in 1999, has operated as a subsidiary of HOYA since 2017. It provides text-to-speech solutions with more than 110 voices in more than 35 languages, but its most significant work has been in the area of customized voice creation.
SoundHound, an audio and speech recognition company founded in 2005, has advanced as one of the top providers of in-car voice systems, elevating the automotive voice experience from a legacy command-and-control interface to more intuitive conversational functionalities for drivers and passengers.
Accuracy improves, but privacy concerns loom.