Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Global Mofy Metaverse launches AI content subsidiary

EditorAhmed Abdulazez Abdulkadir
Published 11/03/2024, 12:42
© Reuters.

BEIJING - Global Mofy Metaverse Limited (NASDAQ:GMM), a provider of technology solutions in virtual content production, announced the creation of its new subsidiary, Gauss AI, aimed at leveraging artificial intelligence for content monetization.

This move comes as the company seeks to capitalize on the growing demand for AI-generated content across various digital entertainment sectors.

Gauss AI will concentrate on developing AI-generated 3D digital assets and synthetic video content, which are increasingly used in industries such as media, entertainment, and advertising. The subsidiary's focus will be on enhancing content creation efficiency and quality by automating video production processes like editing and motion graphics through machine learning algorithms.

The CEO of Global Mofy Metaverse, Mr. Haogang Yang, emphasized the transformative impact AI is having on the digital entertainment and content creation industries. He pointed out the challenges traditional systems face in adapting to rapid technological changes.

Yang expressed confidence in the company's competitive positioning, citing its extensive digital asset library and innovation track record as strengths that will allow Gauss AI to offer cost-effective, high-quality virtual content solutions.

Global Mofy Metaverse is recognized as one of China's leading digital asset banks, boasting a collection of over 30,000 high-precision 3D digital assets. These assets are utilized in a variety of applications, from movies and TV series to AR/VR, animation, advertising, and gaming.

This article is based on a press release statement from Global Mofy Metaverse Limited.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.