Wispr Previews Canto Speech Model, Raises $280 Million

TL;DR. Wispr announced its Canto speech model and secured $280 million in funding, valuing the company at $2 billion. - Canto integrates speech-to-text, speaker diarization, and language understanding in a single model. - The model is currently in testing and aims to handle conversational nuances for various applications. - Wispr's funding round included investors Lightspeed Venture Partners and Spark Capital.

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