Otter.ai (or Otter) is an AI-powered speech-to-text translation app that captures, transcribes and makes audio transcriptions searchable. Simon Lau, its VP of Product, joined the company in 2017 one year after it was founded. Otter started out in B2C before evolving to B2B, and today it is doubling down on helping its users to capture everything said during meetings. That includes everything from virtual meetings to physical ones in coffee shops all the way up to large conferences such as TechCrunch Disrupt and Web Summit.…

My Tech Nation colleague Harry Davies outlines why it’s an exciting year for AI companies, writing for Information Age:

Venture capital investment into AI startups has been on a meteoric rise for a number of years; Tech Nation data showed that investment increased six-fold from 2014-18. As a recent State of AI 2020 report shows, investment into AI continues to be strong in 2020 – despite Covid-19 – and this seems set to continue into 2021. The sector shows signs of maturing too: companies raising over $100m have captured 10% of overall funding since 2018, Darktrace was rumoured to be exploring an IPO, and we see an increasing prevalence of success stories in AI like Tessian, Tractable, and Signal AI.

AI is such a broad area that it’s never short of exciting companies. In this article, I picked out a few that stood out in the summer of last year. As Harry goes on to note in the piece, construction, climate change and healthcare (and life sciences) are three areas where AI (machine learning, specifically) could make great strides in 2021.…