Audio AI company secures $25 million in funding citing Hugging Face benchmarks
2 reports, 1 independent
Updated Sep 28
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What happened
Modulate, an audio AI company, announced it secured $25 million in new funding led by Future Ventures. The company stated that its transcription and deepfake detection technologies ranked #1 on public benchmarks, including those provided by Hugging Face.
From pr-inside.com
Why it matters
The investment is intended to accelerate Modulate's growth and support the expansion of its audio-native AI models. The company is applying its technology across various sectors, such as fraud prevention, customer experience, and trust and safety.
From pr-inside.com
Who's involved
- Hugging FaceProvided the public benchmarks that Modulate used to rank its technology
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The entities involved
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Boston
capital and largest city of Massachusetts, United States
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Hugging Face
American company