AI to speak with babies?

Hello there,

Today’s newsletter covers a startup trying to speak to babies, OpenAI’s revenue growth, and how AI compares against other hype cycles.

Let’s dive in!

Big Story 🥁

A startup is looking to use AI to help with an ancient challenge: understanding upset babies.

Capella is set to launch the first AI-powered baby cry translator. Its aim is to inform parents when their young one is hungry, tired, or needs a diaper change. It uses the duration and pitch of the cry to help differentiate needs.

There are 2 questions that immediately spring to mind:

1. How accurate will Capella be? In reality, given the limited frustrations and needs of someone who hasn’t yet mastered object permanence, it’s a bit of a roulette spin to start.

2. How big a problem are they solving? Is a child hungry — almost always! Does a diaper need changing — let’s do a quick smell test.

Undoubtedly, there will be early adopters, as there is with any new idea. But understanding the depth of the problem will help determine mass market appeal and willingness to pay — crucial for any startup.

AI Headlines 🤖

• Open AI sees a 30% revenue increase, making over $100M monthly

• Smartphone voice recordings analyzed by AI could diagnose Type 2 diabetes on-the-spot

• A new study warns AI may consume as much electricity as the Netherlands by 2027

• NYC Mayor Adams sparks concern using AI for multilingual robocalls

• Stack Overflow cuts 28% of workforce amid AI chatbot surge

• Microsoft’s ChatGPT-style AI assistant, Microsoft 365 Copilot, will summarize meetings for absentees

Who’s Raising 💰

• Fantix helps businesses to create AI models without data sharing, secured $1.6M

• Reality Defender, an AI-generated media detection platform, raised $15M

• SwingVision is developing a tennis and sports AI platform. Raised $6M

• Moonhub uses an AI chatbot to source candidates for recruiters. Gained $10M

• Cleanlab aims to stop LLMs from hallucinating. Raised $25M

Chart of the week 📈

How the AI compares against other hype cycles

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