AI hardware has had more misses than hits. Pocket wants to change that.
The AI notetaker hardware startup says it has reached a $100 million run rate eight months after launching. While the tech graveyard is already littered with failed AI devices, Pocket is betting its thin recorder, which snaps onto the back of smartphones and transcribes conversations, is not just a fad.
“It’s only going to go up from here,” cofounder and CEO Akshay Narisetti told Business Insider. “We have so much money coming in from subscriptions.”
Run rate is a popular way for young startups to describe growth, but it is not the same as actually generating $100 million…
