Le Lézard
Classified in: Science and technology
Subject: Merger/Acquisition

ROYBI Acquires KidSense.AI, The Leading Speech Recognition AI Platform


ROYBI INC, the creator of the Roybi Robot?the world's first AI-powered smart toy that teaches languages and basic STEM skills?has acquired KidSense.AI, the revolutionary technology in children's embedded automatic speech recognition (ASR) and Edge-AI. KidSense.AI, which initially debuted in 2018 at TechCrunch Disrupt, utilizes the fundamentals of linguistics, neuroscience, and embedded artificial intelligence to build on-device AI and online speech recognition technology for children in multiple languages and with more accuracy than any other technologies on the market. KidSense.AI is built specifically for children using the voices of kids from different age groups and regions, speaking various languages. The cutting-edge speech recognition technology of KidSense.AI is developed with a database of over 150,000 children's voices in English, Mandarin, and several other languages, and with more than five years of data collection and machine learning training that is COPPA and GDPR-K compliant.

"Fusing the KidSense.AI technology with Roybi Robot allows us to offer the most powerful AI engine in language learning in the world. The addition of KidSense.AI into our brand portfolio allows us to accelerate the development of additional languages while maintaining privacy as well as accuracy for children around the globe," Founder & CEO, Elnaz Sarraf celebrates. "Children's data privacy is a core part of our mission and with the addition of KidSense.AI, we will be adding more than five years of machine learning training to Roybi Robot, making ROYBI the only company to provide speech assessment, and offline ASR in English, Mandarin, and multiple other languages for children worldwide. Together, ROYBI and KidSense.AI will shape the future of personalized learning and make Roybi Robot even more accessible to more children."

By 2024, the global market in voice recognition is expected to reach $127.58 billion. With this acquisition, ROYBI becomes the global leader in speech recognition, cloud-based and offline real-time ASR intended to serve children all around the world. ROYBI guides a child's linguistic development beyond traditional methodologies, envisioning a future in which it can facilitate collaborations between home and school contexts. ROYBI's cloud platform creates a shareable learner profile, enabling parents and teachers to come together through shared communication about each child's developing skills and needs.


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