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India’s Pocket FM doubles revenue run rate to $500M as AI powers 93% of audio content

Indian audio platform Pocket FM doubled its annualized revenue run rate to $500M, with AI now producing 93% of its catalog.

Pocket FM, an Indian serialized audio storytelling platform, doubled its annualized revenue run rate to $500 million in a year, with AI powering 93% of its catalog and 99% of new content. The company says generative AI, including in-house creative-writing and text-to-speech models, made production roughly 80 times cheaper, letting 550,000+ creators produce about 2.5 million hours of content annually across 770,000 audio series for 250 million listeners. Parent Pocket Entertainment is reportedly in talks to raise $100-120 million at about a $2 billion valuation, is profitable on an adjusted basis, and its AI-only microdrama app Pocket Saga has reached a $15 million annualized run rate.

TechCrunch · AISep 10, 17:45 UTC · 6d agoAI industry

I spent $4,000 on a robot dog from China

Hands-on review finds the $4,017 Unitree Go2 Pro robot dog affordable but impractical, as Unitree reaches a $34 billion valuation after its IPO.

Ars Technica reviewed the Unitree Go2 Pro quadruped, purchased for $4,017, finding it astonishingly cheap but of limited practical use; it collapsed from battery drain and heat (84°C internal temperature) on an uphill walk at 87°F. Unitree democratized quadruped research, sells humanoid robots from $13,500, and debuted on the Shanghai stock exchange on August 19 with shares rising over fivefold on day one, valuing the company at $34 billion. Its robots now face legal restrictions in the United States, and it competes with Boston Dynamics, whose Spot starts around $75,000.

Ars Technica · AISep 12, 11:00 UTC · 5d agoAI industry