AI storytelling company Tome tripled its user base to 3 million users in just a month. This impressive growth comes as AI products gain popularity and change the way people interact and work. The company’s CEO, Keith Peiris, recently announced that they will introduce a paid subscription in the coming weeks to meet growing demand.
In addition, Tome plans to add document-to-presentation functionality based on GPT-4, the latest OpenAI base model supported by Microsoft. This innovative feature allows users to convert documents of up to 25 pages into AI-generated slides with text and soon photos. This new offering puts Tome in direct competition with Microsoft’s artificial intelligence Copilot as the race for AI-powered productivity tools heats up between startups and big tech companies like Microsoft and Google.
Co-founder Keith Peiris comments on Tome’s growing focus on work and business use cases: “We want to use AI to design and assist in every process where an idea is born and then becomes a compelling story.” The development follows the recent funding of the San Francisco-based company, which raised $43 million in a $300 million valuation led by Lightspeed Venture Partners, where Greylock and Coatue also invest.
Currently, the Tome product is freely available. However, the next paid subscription level, priced around $10 per month, will give users unlimited access. Tome has served a wide variety of clients, including startups and students. Greylock partner and Microsoft board member Reid Hoffman emphasized the advantages of startups in adopting new technologies: “Startups tend to be faster, mobile, iterative and adopt new technologies because they don’t have an existing customer base.” As Tome grows and expands its offerings, AI-driven storytelling seems brighter than ever.