Conversational Artificial Intelligence goes mainstream now

CHENNAI: 2019 is on the path to be an inflection point for conversational Artificial Intelligence (AI) as the technology moves from being considered to be a futuristic novelty to a value-add for enterprise marketing. As businesses embrace real-world applications of AI-based chatbots and voice-powered assistants, investments and acquisition action in the space has seen an uptick this year.

Data from Tracxn shows 2019 has already clocked deals valued at over $6 million in the segment till date, compared to $13 million investments raised by startups in 2018, across 11 deals.

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