Phonic has released Phonic-1, a speech-to-speech model for agentic tasks, following a $27.5M Series A led by First Round with participation from Lux Capital, Felicis, and Definition. The company demonstrated the model on a 44-minute call with 123 tool calls, including language switching and simultaneous tool use. Phonic says it powers calls across six continents for customers including Ashby, Maven AGI, Rho, and a Fortune 50 IT infrastructure company. The ten-person team hails from MIT, Stanford, and CMU. New signups by Nov 30 receive $250 in credits; customers switching from cascaded stacks get three months free.

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