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Wispr cofounder who frames privacy and security as the foundation for ambient access and stresses user-supplied intent.
Menlo Ventures led a round that more than tripled Wispr's lifetime funding in one go, on the back of a speech model the company says cuts word error rates by two thirds or better.
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The startup says a new model, Canto, will cut error rates from 30% to under 10% after weeks of user complaints. It is also entering meeting notes, where three incumbents already sit.
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The Series B values the dictation app at $2 billion and funds a push into meeting notes, a category where two of the four rivals Wispr names are already in California court.
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Wispr raised $280 million at a $2 billion valuation six months after its last round. Its lead investor says the competitive set is every text box in front of an AI model.
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