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Will.i.am's startup raises $117M, enters enterprise market

45 pointsby mark-ruwtover 7 years ago

11 comments

ukuleleover 7 years ago
I&#x27;m surprised to see so much trivializing of the product and flaming of the entrepreneur.<p>Investors don&#x27;t just give away $117M &quot;because he&#x27;s famous&quot;, and I seriously doubt their enterprise customers care that he&#x27;s a singer. More likely he and the team have been making steady progress for years and are delivering real value. Kudos to them.
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vmover 7 years ago
Here&#x27;s a video of the product if you&#x27;re as curious as I was. Siri&#x2F;Alexa for enterprise users -- <a href="https:&#x2F;&#x2F;iamplus.com&#x2F;enterprise&#x2F;" rel="nofollow">https:&#x2F;&#x2F;iamplus.com&#x2F;enterprise&#x2F;</a><p>Seems like a smart market entry point. Enterprise employee virtual assistants are probably a wide open market today because Apple, Google, Amazon, Microsoft, and Samsung focus on consumer AIs. Easy to envision a startup getting solid, near-term customer traction with a keyword-driven voice product.
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justboxingover 7 years ago
&gt; I.am+’s first enterprise customer is Deutsche Telekom AG (DTEGn.DE), the German telecommunications giant and parent company of T-Mobile. Since July, the company has been using Omega to power an AI customer support chatbot and it plans to add a voice phone system soon, i.am+ said.<p>Wow. I had no idea ChatBots needed $117 MILLION in funding to ship.<p>A quick search of GitHub shows several 100s of chatbots, even 1 with just 200 lines of code. <a href="https:&#x2F;&#x2F;www.google.com&#x2F;search?q=site%3Agithub.com+chatbot" rel="nofollow">https:&#x2F;&#x2F;www.google.com&#x2F;search?q=site%3Agithub.com+chatbot</a><p>This has Juicero written all over it.
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olivermarksover 7 years ago
<a href="https:&#x2F;&#x2F;youtu.be&#x2F;xGakbjwILKs" rel="nofollow">https:&#x2F;&#x2F;youtu.be&#x2F;xGakbjwILKs</a> who would give this guy $117 million?!
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blhackover 7 years ago
Here&#x27;s a demo of it: <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=kPKO36KJYxg" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=kPKO36KJYxg</a>
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wallabieover 7 years ago
Will.i.am&#x27;s failures and eccentricity (for example <a href="https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=Prv5q84-Ebg" rel="nofollow">https:&#x2F;&#x2F;www.youtube.com&#x2F;watch?v=Prv5q84-Ebg</a>) are far more well known than his successes. I&#x27;m surprised he was able to raise so much money.
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make3over 7 years ago
there is something unexpectedly deeply depressing about knowing will.I.am is a top executive in your field
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mpegover 7 years ago
I guess that&#x27;s what you get for being buddy-buddy with Benioff...<p>There&#x27;s a joke in there somewhere about how most telco customer service is indistinguishable from AI chatbots.
matt_wulfeckover 7 years ago
&gt; <i>will.i.am has raised $117 million [...] as it announced its entry into the corporate computing market with a voice assistant for customer service.</i><p>Voice assisted AI startup from a pop star receives $100mm financing? Guys if this isn’t bubbly then I don’t know what is!<p>If you’re an IC, I hope you can take a little off the table while the gettin’ is good.
kapauldoover 7 years ago
Celebrity worship is harmless when it consumes leisure time and disposable income. This is not going to end well.
adamnemecekover 7 years ago
billy, you have to stop, you are wasting money.