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RJio acquires overhyped chatbot Haptik

A handful of excitable Indian technology news outlets picked up on rumors concerning MNO Reliance Jio buying conversational AI platform Haptik Infotech earlier this week – which was quickly whipped up into a frenzy about how RJio is coming after the lunches of Amazon and Google in the high-stakes voice market. The initial rumored price tag was pegged at a laughable $2.9 million – days later though the acquisition of Haptik by Reliance Jio was confirmed in a $102.3 million deal for 87% of the company. Our honest opinion is that if Reliance Jio wants to take the Indian voice market by the scruff of the neck to prevent the US technology titans gaining a significant foothold, then it will…

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