Hark raises $700M+ to build ‘personalized intelligence’ devices
Hark Inc., a startup developing artificial intelligence devices for the consumer market, today announced that it has raised more than $700 million in funding.
Parkway Venture Capital led the Series A round. It was joined by Nvidia Corp., Intel Capital, AMD Ventures, Qualcomm Ventures, Salesforce Ventures and several others. The company is now worth $6 billion.
Hark previously raised $100 million from founder and Chief Executive Officer Brett Adcock. The entrepreneur is also the CEO of Figure AI Inc., a startup that develops humanoid robots capable of performing household chores. Adcock earlier founded flying taxi company Archer Aviation Inc.
The company is developing a line of custom AI models that it says will provide “advanced personalized intelligence.” The algorithms will feature a multimodal architecture and persistent memory that will enable them to save user preferences. They will use the stored information to proactively generate task suggestions.
