Cartesia, a leader in real-time, multimodal intelligence powered by state-space models (SSMs), has announced a $22 million funding round, bringing its total raised capital to $27 million. Led by Index Ventures, the new funds will accelerate Cartesia’s mission to revolutionize AI applications across multiple industries, including healthcare, robotics, customer service, and more. Cartesia’s innovative SSM architecture offers significant advantages over traditional transformer models, enabling efficient, real-time AI on any device.
- Cartesia’s State-Space Model (SSM) Technology
- Cartesia’s SSMs scale linearly with sequence length, unlike transformers which scale quadratically, making them more efficient for real-time AI applications.
- The SSM approach allows for lower latency, better long-term memory, and the ability to run locally on devices, offering a significant performance boost over traditional models.
- Real-Time AI Applications with Sonic
- Sonic, Cartesia’s low-latency voice model, demonstrates the power of SSM architecture in real-time applications such as customer service, voiceovers, and interactive voice responses.
- Sonic outperforms existing models with < 90 ms latency, improved voice quality, and unique on-device functionality, without requiring an internet connection.
- With hundreds of customers already, Sonic is poised to disrupt the $6 billion IVR market, which is expected to grow rapidly in the coming years.
- Expanding the Scope of AI Innovation
- Cartesia plans to expand beyond voice models by developing multimodal AI capable of processing text, audio, video, images, and time-series data.
- This long-term vision aims to create real-time intelligence that can reason over vast contexts, impacting industries like gaming, healthcare, and robotics.
- Backing and Leadership
- Cartesia’s leadership includes Stanford researchers and AI pioneers such as Karan Goel, Albert Gu, Arjun Desai, and Chris Ré.
- The company has attracted investments from prominent venture funds and angel investors, including those behind startups like Databricks, Hugging Face, and Pinterest, highlighting strong industry confidence in Cartesia’s innovative approach.
- The Future of AI with SSMs
- Cartesia’s groundbreaking approach to AI, utilizing SSMs, is seen as a game-changer for real-time, scalable applications.
- The company aims to make AI more accessible and efficient, empowering businesses of all sizes to leverage powerful AI technologies for practical, real-world applications.
Cartesia is on the forefront of AI innovation with its state-space model architecture, providing a scalable and efficient alternative to transformers for real-time AI applications. With its recent funding and plans for expanding into multimodal AI, Cartesia is set to transform industries across the board, from healthcare to gaming, by offering fast, efficient AI solutions that run on any device.
