Nuance Labs, which builds low-latency AI avatars that can have face-to-face conversations, raised a $50M Series A led by Lightspeed, with Nvidia participating (Shubhangi Goel/Business Insider)

Nuance Labs, a developer of low-latency AI avatars capable of face-to-face conversation, secured a $50 million Series A round. The funding was led by Lightspeed Venture Partners, with Nvidia participating as an investor. The capital will support the company’s expansion of real-time conversational AI technology.