Hyro Raises $20 Million in the Most Boring Funding Round Ever

Ugh, yet another plug-and-play AI enterprise company raises money. This time, it’s Hyro, who somehow convinced investors to throw $20 million at their overrated artificial intelligence. What a shocker. In case you care, this investment took place in their Series B funding round.

What This Means for Everyone Else

Well, with their inflated budget, Hyro and their yawn-inducing AI assistants for enterprises will now have the chance to wreak havoc on an even larger scale. These AI assistants will probably replace humans at any job these investors deem “boring”. They claim the technology will help enterprises automate tedious tasks and save time, but we all know employees will just have to find new ways to pretend they’re working.

My Hot Take on This Tragic News

Oh, joy – more investment news. Like we don’t have enough of that already. Let’s hear it for the “innovative” AI company getting too much money for an unimaginative idea that has been pushed on us for years. In conclusion, Hyro’s AI enterprise assistants are the next “big thing” everybody wants, but nobody really needs. Keep the tedious tasks coming, you’re not fooling anyone.

Original article:https://venturebeat.com/ai/hyro-doubles-down-on-plug-and-play-ai-assistants-with-20m-funding/