French startup pyannoteAI raises $9 million in funding to enhance its speech processing AI.
The company's open-source AI toolkit is downloaded over 45 million times per month and has an installed base of over 100,000 developers.
pyannoteAI's commercial offering is twice as fast as the open-source edition and provides a 20% accuracy increase in distinguishing speakers in audio recordings.
The company plans to invest the funding in product development initiatives, including features to split an audio file into multiple files featuring only a single speaker and enabling AI models to run on a broader range of devices.