As noted by VentureBeat, Since being taken over by Samsung Research America, Viv Labs has generated a loss of $3.08 million. That's bad news, especially when you take into account that the startup received $30 million in three funding rounds before being acquired. At present, it's unclear how Samsung plans to use the Viv technology, which can surface information based on voice input, like Siri.
It was previously reported that the South Korean company would bake Viv into its next flagship smartphone, the Galaxy S8, but the slew of rumors surrounding its in-house virtual assistant Bixby launching on the handset appears to shun that theory. We'd be foolish to rule out that Samsung may have only acquired Viv Labs to analyze the technology it uses, in order to make its own AI stronger.
