OpenAI-Backed Language Tutor Startup Doubles Value to $1 Billion
Speak’s app uses an artificial intelligence “conversational partner” to help people become fluent in English.
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Speak, a startup using artificial intelligence to help people learn languages, is now worth $1 billion in a new funding round, doubling its valuation from six months ago.
The company is set to announce Tuesday that it has raised $78 million led by venture capital firm Accel. Existing investors including the OpenAI Startup Fund, Khosla Ventures and Y Combinator also participated. Speak has raised $162 million to date, the company said.