News Summary

• Seattle-based Nuance Labs says it wants to build models that can hold face-to-face conversations without the lag and awkwardness of existing chatbots.
• The company plans to open a research preview of its model to the public later this year.
• Nuance, which was founded last year, has now raised a $50 million Series A round led by Lightspeed Venture Partners, with participation from Accel, Nvidia's NVentures, South Park Commons, and Define Ventures.
• The startup has been using the cash flow to grow its eight-person team.