Kakao Mobility picks up ‘super app’ startup Splyt, once backed by SoftBank and Grab

Kakao Mobility picks up ‘super app’ startup Splyt, once backed by SoftBank and Grab

Kakao Mobility has picked up another startup, this time an “app” or super app called Splyt. Splyt has a free and paid version but the most interesting thing about it is its AI assistant. Its other features include suggestions, a calendar, and various customization options. Kakao Mobility’s own AI assistant is available on mobiles and other devices, although it doesn’t have voice recognition like Splyt’s. It also differs from Kakao’s service in that it only shows ads on the lock screen when you access your phone via Bluetooth or NFC rather than showing them when your phone connects to the Internet over WiFi

Kakao Mobility has picked up another startup, this time an “app” or super app called Splyt.

Kakao Mobility, a mobile messaging service that recently raised $1 billion in funding, has picked up another startup. This time, Kakao Mobility has acquired Splyt, an AI chatbot platform and app developer based in Singapore. Splyt was founded by Singaporeans Laurence Tan and Chua Han Bin in 2016 as an AI chatbot platform for businesses to use on their phones or desktops (although it also works on smart speakers).

The company started out with one project called Splyt Messenger — an app that lets users communicate directly with businesses through various channels like messaging or voice calls — but has since expanded its offerings to include other products like data analytics tools and even virtual reality experiences for brands looking to connect with customers offline or online through VR headsets such as Oculus Rift (Rift).

Also Read: Aspecta nabs $3.5M to build AI-vetted coder profiles

“The acquisition of Splyt complements our existing portfolio of services,” said CEO Daniel Yoo at a press conference today.”We will continue providing outstanding user experience while allowing them [Splyt] access new opportunities across regions.”

Splyt has a free and paid version but the most interesting thing about it is its AI assistant.

If you’re a fan of messaging apps and want to chat with your friends, Splyt is the app for you. It’s free and has many features that other messaging apps don’t have. Splyt’s AI assistant, called Lyra, can be used to communicate with your loved ones via text or voice chat. The assistant can also book appointments for clients so they don’t have to deal with scheduling themselves by hand every time they need one done (or several times).

Also Read:  DoorDash is adding support for cash — but not in its main app

Its other features include suggestions, a calendar, and various customization options.

Splyt’s other features include suggestions, a calendar, and various customization options. Splyt has a free and paid version. The free version of the app offers basic functionalities such as the ability to make calls, send text messages (SMS) and receive them on your phone number or via Wi-Fi connection between devices. In addition to this, you can also receive calls from other users who are using Splyt’s platform as well as making video calls over Wi-Fi connections at up to HD resolution with up to 2 people in one call at once!

Also Read: The cloud backlash has begun: Why big data is pulling compute back on premises

The paid version comes with more advanced features such as voice recognition software which will learn how you speak so that it can understand what you say even better than before when used together with other AI assistants like Google Duplex (a virtual assistant).

Kakao Mobility’s own AI assistant is available on mobiles and other devices, although it doesn’t have voice recognition like Splyt’s.

Kakao Mobility’s own AI assistant is available on mobiles and other devices, although it doesn’t have voice recognition like Splyt’s. Kakao’s AI assistant works with KakaoTalk, a chat app that has over 300 million users worldwide. The company also owns the popular mobile game Line and its messenger app V Live (formerly known as WeChat).

It also differs from Kakao’s service in that it only shows ads on the lock screen when you access your phone via Bluetooth or NFC rather than showing them when your phone connects to the Internet over WiFi.

Kakao Mobility is making an investment into a startup called Splyt that focuses on AI chatbots. Kakao’s own AI assistant, Kakao Talk—which has been available on mobiles and other devices for several years—is not yet capable of voice recognition like Splyt’s does, but the company says it plans to add voice functionality in the future.

Also Read: Microsoft signs fourth Call of Duty deal in fresh bid to win over regulators

Splyt has been backed by SoftBank Group Corp., Tencent Holdings Ltd., which owns WeChat; China Mobile Communications Corp.; Didi Chuxing Inc.; Ant Financial Services Group Co., which owns Alipay; Alibaba Group Holding Limited (BABA); JD Finance Inc.; KKR & Co LP; Goldman Sachs Group Inc.; Sequoia Capital China Partners Fund II LP; Golden Gate Ventures LLC amongst others

The company says its new acquisition will help with its efforts to become an AI-based platform for developing more than 1 million apps for use by consumers in South Korea.

Kakao Mobility, which owns the messaging app KakaoTalk, has acquired Splyt, a startup focused on artificial intelligence for chatbots. Splyt’s technology is aimed at helping developers build simple yet effective bots that can interact with users. The company claims its AI assistant will make it easier for companies to create more sophisticated services and apps on top of existing platforms like Facebook Messenger or WhatsApp.

Also Read: Microsoft brings OpenAI’s DALL-E image creator to the new Bing

Kakao Mobility said it wants to use Splyt’s technology to create more than 1 million apps for use by consumers in South Korea as well as other parts of Asia where it already has significant user bases (including Thailand).

Kakao Mobility is making an investment into a startup called Splyt that focuses on AI chatbots

Kakao Mobility is making an investment into a startup called Splyt that focuses on AI chatbots. The deal, which was confirmed by both companies and first reported by TechCrunch, will see Kakao Mobility take a stake in the company over time and help it expand its operations globally.

Also Read: Amazon kills DPReview, the best camera review site on the web

Kakao Mobility is a subsidiary of SoftBank but it has competed fiercely against Naver Corp., which owns LINE Corp., for market share in East Asia since launching in 2017 with its own messaging app called Kakao Talk (or “KKT”). The company now claims more than 30 million users across South Korea as well as Taiwan and Thailand — three countries where it can reach users through local partners rather than having to negotiate deals directly with telecom providers like Vodafone or SK Telecom Co Ltd..

Conclusion

Kakao Mobility has made a strong investment into Splyt, a startup that focuses on AI chatbots. The company says its new acquisition will help with its efforts to become an AI-based platform for developing more than 1 million apps for use by consumers in South Korea.

Leave a Comment