Flip, which offers an Alexa-like voice AI experience for businesses, raised a $20M Series A, bringing its total funding to $31M
Flip, a startup that claims to offer an Amazon Alexa-like voice AI experience for businesses, has raised $20 million in a Series A funding round, it tells Crunchbase News exclusively.
Sources: Amazon launches a cost-cutting review of its unprofitable businesses, like devices unit, which had a $5B operating loss in recent years; stock up 12%+
Review takes a close look at devices unit, which includes Alexa and has had an annual operating loss of $5 billion in some recent years, documents show
Report: Amazon had revenue of $1.4M from Alexa's in-skill purchases in the first ten months of 2019, which was well short of its target of $5.5M
The Information published (N.B. paywall) an article this morning saying that Amazon earned $1.4 million Alexa skill revenue through the first 10 months … Source: The Information .
Timeline of Amazon's rise as it now gets 40%+ of all spending by US consumers online; 54% of US households with internet use Prime; and Alexa has 30,000+ skills
Amazon has grown into a $178 billion-a-year revenue business with online retail, a dominant cloud-services business, a grocery chain and a Hollywood studio. Tweets: @scottmaustin Tweets: Scott Austin ...
Snips raises $13M Series A for its smart assistant platform which works without the cloud
Snips announced today that it has raised $13 million to boost its launch of a new voice platform designed to give hardware makers an alternative to Google's Home and Amazon's Alexa.