Audioburst raises $10M to build AI-powered infotainment systems for cars, ad solutions

Audioburst, a startup that uses AI technology to extract the best bits from podcasts and talk radio to create new listening experiences, has raised an additional $10 million in strategic funding from Dentsu and Hyundai Motor Company. Dentsu and Hyundai join Audioburst's other strategic investors, Samsung Ventures, Nippon Broadcasting, and Advanced Media, Inc., and bring the company's total raise to date to $25 million. The startup today ingests and indexes millions of audio segments per day, then uses AI technology -- including Automatic Speech Recognition and Natural Language Understanding -- to create products like a searchable library of audio, personalized audio feeds and news briefs, notifications and more.