Home / News / Deepbrain boosts AI-powered virtual avatars with $44M raise

Deepbrain boosts AI-powered virtual avatars with $44M raise

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Deepbrain AI (previously Moneybrain), a conversational AI startup based totally in Seoul, South Korea, has raised $44 million in a sequence B spherical led via Korea Building Financial institution at a post-money valuation of $180 million. The capital can be used to make bigger the corporate’s buyer base and operations globally, CEO Eric Jang stated in a commentary, with a specific emphasis at the U.S.

Deepbrain supplies a spread of AI-powered customer support merchandise, however its focal point is on “artificial people,” or human-like avatars that reply to herbal language questions. Because the pandemic makes on-line meetups an ordinary incidence, the idea that of “digital other folks” is gaining steam. Startups together with Soul Machines, Brud, Wave, Samsung-backed STAR Labs, the AI Basis, and Deepbrain purpose to will a form of “Metaverse” into life via pursuing AI ways that may mimic the revel in of talking with a human being (for instance, a make stronger agent).

Deepbrain boosts AI powered virtual avatars with 44M raise - Deepbrain boosts AI-powered virtual avatars with $44M raise

Based in 2016, Deepbrain provides video and speech synthesis and chatbot answers to undertaking consumers together with MBN, Metro Information, and LG Hellovision in addition to KB Kookmin Financial institution and training carrier supplier Kyowon. The use of a mixture of AI applied sciences, Deepbrain creates what it calls “AI people,” or avatars that may reply to questions in an individual’s voice.

To create an “AI human,” Deepbrain captures video of a human type in a studio and trains a device finding out device. The type is given a script to learn, enabling the device to generate an avatar of the type with synchronized, true-to-life lip, mouth, and head actions.

AI-powered avatars

Jang issues out that Deepbrain’s era can fortify digital reviews whilst minimizing the will for pricey video manufacturing. As an example, the corporate is operating with an training supplier to construct “AI human” tutors that’ll give lectures and solution scholars’ questions.  One by one, Deepbrain says it’s taking part with a monetary group to create “AI bankers” that may direct consumers to the correct human financial institution team of workers, probably decreasing staff’ workloads.

“[Our investors] perceive the chance we need to strengthen the buyer revel in and lead the rising contactless trade caused by the pandemic,” Jang stated in a press liberate. “This new funding is validation of our era, robust trade alternative, and buyer traction in key buyer service-driven industries.”

Deepbrain boosts AI powered virtual avatars with 44M raise - Deepbrain boosts AI-powered virtual avatars with $44M raise

Above: Deepbrain’s dashboard.

Symbol Credit score: Deepbrain

Some mavens have expressed worry that equipment like Synthesia’s might be used to create deepfakes, or AI-generated movies that take an individual in an current video and change them with any person else’s likeness. The worry is that those fakes could be used to do such things as sway opinion throughout an election or implicate an individual in a criminal offense. Deepfakes have already been abused to generate pornographic subject material of actors and defraud a big power manufacturer.

Deepbrain doesn’t shed light on what protections it has in position to stop abuse.  We’ve reached out to the corporate for remark.

Past Korea Building Financial institution, Deeprain counts IDG Capital China, CH & Companions, Donghun Funding, L&S Undertaking Capital, and Posco Tech Funding. The collection B brings the corporate’s overall raised to $52 million thus far.


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