Agora, Inc.'s (NASDAQ: API) stock soared 5.23% intraday on Thursday, driven by the company's announcement of its Conversational AI Engine, a cutting-edge solution designed to revolutionize voice AI experiences.
The Conversational AI Engine empowers developers to create interactive voice experiences with any AI model, tackling challenges like low latency and natural conversation flow. Key features include flexibility to integrate with various AI models and text-to-speech solutions, real-time optimization for faster responses and intelligent pausing, background noise suppression, and a global network for minimized latency and exceptional performance.
Agora's new offering targets diverse applications such as 24/7 customer support, virtual shopping assistants, AI-powered gaming characters, and employee onboarding. The company's collaboration with Oracle as an AI infrastructure provider further bolsters the solution's scalability, security, and efficiency, fueling investor optimism and driving the stock's surge.
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