Playing Big

• 500-backed AI voice technology startup PlayAI has been acquired by Meta!
• PlayAI focuses on creating natural voices, with the core product being a voice cloning tool that can generate human-sounding voices, enabling businesses to operate 24/7 while enhancing customer interactions.
• The team has partnered with companies like Walgreens and Salesforce to create voice agents for businesses to answer questions, handle transactions, and schedule appointments.
• They also offer a platform for easy voice creation, and the voices can be deployed everywhere — to the web, to the phone, to apps, and beyond.
• 500 Global first met  PlayAI co-founders Mahmoud Felfel (CEO) and Hammad Syed (COO) back in 2022, when they were just beginning to explore how real-time generative voice could reshape the way people interact with machines.
• We invested in them in early 2023, captivated by their bold vision, technical edge, and ability to move quickly in a rapidly evolving landscape.
• 500 Global’s Managing Partner Tony Wang shared about Why We Invested in PlayAI and more in this video podcast interview. 
  Read the full story on Bloomberg.