Lovo AI, a privately owned US company founded in 2019, is a content creation platform utilizing generative AI. Employing approximately 30 people, the company focuses on voice technology. As of 2023, its annual revenue was less than $10 million.
AI-generated voices are changing business interactions and content delivery, with synthetic voices becoming nearly indistinguishable from human voices. Looking ahead to 2025, voice AI and conversational AI are expected to significantly alter technology interaction and business practices, particularly through hyper-personalized user experiences. Application programming interfaces (APIs) are highlighted as crucial components in processes using text-to-speech (TTS) software. The integration of artificial intelligence into customer relationship management (CRM) solutions promises increased efficiency and productivity. Finally, Lovo AI's voice platform, Genny, received G2 Leader awards in Text to Speech and Synthetic Media categories.
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