In Snips quest to push privacy-respecting artificial intelligence to everyone, they are building Snips AIR, a voice assistant for your home. Rather than a single device, Snips AIR is a network of devices collaborating to form a mesh of AI assistants. This enables your entire home to be seamlessly voice-enabled, while protecting your privacy. As Snips AIR runs locally without any voice data being sent to the cloud, no-one can spy on you or your kids, keeping your home private as it should be.
Anyone can create AIR-compatible devices by integrating Snips, making it plug and play into Snips AIR. Snips are also building own devices, including a base station (AIR Base) and portable voice remotes (AIR Satellites). Other types of devices are also being explored, with the objective to create a true multi-modal experience.
Snips Key Information
|Soft cap||13,000,000 EUR|
|Hard cap||124,800,000 EUR|
|Distributed in ICO||48%|
|Tokens for sale||480,000,000|
|Accepting||ETH, BTC, Fiat|
|Price in ICO||1 SNI = 0.26 EUR|
|Whitepaper||Click Here For View Whitepaper|
|Website||Click Here For Visit ICO Homepage|
The Game Change Team Behind Snips
Minimizing Footprint and Cloud Dependency
Founded in 2013 and based in Paris, France, the Snips team, comprised of over 50 talented engineering, machine learning and product development professionals, has built a leading platform and tools for creating tailored voice experiences. Its full-stack solution is built with proprietary technology allowing for voice processing on the device. This localized processing maximizes accuracy, efficiency and privacy while minimizing footprint and cloud dependency. Snips’ voice assistants are custom-built for specific tasks and designed to run alongside other general purpose voice assistants currently on the Snips platform.
Immersive Experience For Customers
“Millions of people have come to enjoy the ease of controlling music with their voice. Today’s announcement gives Snips the added talent and technology to create an even more differentiated and immersive experience for customers, both inside and outside of the home,” said Patrick Spence, CEO of Sonos. “’re excited to welcome an incredible Snips team to the Sonos family to help bring this vision to life.”
Dr. Rand Hindi, co-founder and CEO, said, “I am extremely proud of the team and the work we have accomplished over the last five years. The technology they have created has been validated by one of the leaders in consumer electronics. I am thrilled that, joining an international company, Snips will continue its operations in France, helping French technologies succeed at an international level.”
Truly Global Audience
Joseph Dureau, CTO of Snips, said, “they are thrilled to join forces with Snips, a company that shares of core values, to continue work and take private-by-design voice experiences to a truly global audience. They see an exciting future together as integrate IP and platform with Snips, knowing it shares are dedication to building great experiences for customers without asking them to sacrifice privacy.” Under the terms of the agreement, A platform acquired Snips for approximately $37.5 million, subject to purchase price adjustments and hold backs. The transaction closed on November 14, 2019.
World’s Leading Sound Experience Brands
Snips (Nasdaq: SONO) is one of the world’s leading sound experience brands. As the inventor of multi-room wireless home audio, Sons innovation helps the world listen better by giving people access to the content they love and allowing them to control it however they choose. Known for delivering an unparalleled sound experience, thoughtful home design aesthetic, simplicity of use and an open platform, Sons makes the breadth of audio content available to anyone. Sons is headquartered in Santa Barbara, California.