BEIJING, March 11, 2024 (GLOBE NEWSWIRE) — Global Mofy Metaverse Limited (the “Company” or “Global Mofy Metaverse”) (Nasdaq: GMM) is a technology company engaged in virtual content creation and digital asset development. Solution provider. Today, we announced the creation of a new subsidiary, Gauss AI, aimed at serving the broader digital entertainment industry. Gauss AI will focus on monetizing artificial intelligence generated content (AIGC), AI-generated 3D digital assets, and synthetic video content creation. Our strong belief in our ability to succeed in these rapidly expanding markets stems from our extensive digital asset library and database, and strong track record of innovation and technological advancement.
Composite video uses AI and computer graphics techniques in a variety of industries, including entertainment and media, to create realistic-looking videos, stunning visual effects, animation, and game development. Improve efficiency and quality through machine learning algorithms that automate tasks in the video production process such as editing, color correction, and motion graphics. This evolving technology often involves the creation of computer-generated images (CGI) and has wide applications in a variety of industries, including entertainment, virtual production, video editing, etc., advertising, product promotions, brand campaigns, etc.
Gauss AI, a new subsidiary of Global Mofy Metaverse, specializes in providing advanced AI solutions to customers, with a focus on helping customers achieve greater efficiency, intelligence, and innovation at lower cost. This facilitates content creation. Gauss AI plans to invest in its product and technology roadmap to benefit from existing and emerging opportunities in the digital entertainment industry, which is being transformed by the growing global adoption and adoption of AI. Main services include the development of AI content production and management systems and composite video production.
said Haogang Yang, CEO of Global Mofy Metaverse. “Customers are embracing the challenges and changes that AI brings to the digital entertainment and content creation industries. Given the rapid changes we are witnessing, traditional systems and processes are now at a disadvantage. Yes, because smart devices are pervasive in almost every aspect of daily life, both at work and at home, and all of them require engaging content to entertain, educate, sell, and inform. , we do not expect its pace or impact to slow down in the future.”
“This is an exciting time for us, given the growth opportunities and potential for accelerating the scale of our business. Our goal is to leverage our expertise in digital content creation and licensing to help our customers achieve this goal.” Our goal is to help our customers position themselves for the new competitive reality, while at the same time enabling our customers to benefit from lower costs and greater efficiency in content creation, deployment, and management. We believe that our strong customer base and track record of innovation in servicing our customers positions us well to compete with China’s leading digital asset banks. – Stop low-cost solutions for creating high-quality virtual content for the digital entertainment industry. ”
About Global Mofy Metaverse Limited
Global Mofy Metaverse Limited (Nasdaq: GMM) is a technology solutions provider engaged in virtual content creation and digital asset development for the digital entertainment industry. The company leverages its proprietary “Mofy Lab” technology platform, which consists of interactive 3D and artificial intelligence (“AI”) technologies, to create high-resolution images of various physical world objects, from characters to objects to scenes. Create a virtual version of in 3D. more. Digital assets can be used in a variety of applications including movies, TV series, AR/VR, animation, advertising, games, and more. Global Mofy Metaverse is one of China’s leading digital asset banks, consisting of over 30,000 high-precision 3D digital assets. For more information, please visit www.globalmofy.cn/ or ir.globalmofy.cn.
Forward-looking statements
This press release contains forward-looking statements. Forward-looking statements include statements regarding plans, objectives, goals, strategies, future events or performance, underlying assumptions and other statements that are not statements of historical fact. We may, “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “estimate,” or “estimate.” When using expressions that are unrelated to individual expressions, such as historical issues, forward-looking statements are made. These forward-looking statements include, without limitation, our statements regarding the anticipated trading and closing of the offering of our common stock on the Nasdaq Capital Market. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that could cause actual results to differ materially from our expectations described in the forward-looking statements. These statements are subject to uncertainties and risks. This includes, but is not limited to, uncertainties related to market conditions, completion of the initial public offering on anticipated terms or at all, and other factors described in the Risk Factors section of this document. Not limited to these. Registration statement filed with the SEC. For these reasons, investors are cautioned not to place undue reliance on the forward-looking statements contained in this press release. Additional factors are described in the Company’s filings with the SEC, which are available at www.sec.gov. We undertake no obligation to publicly revise these forward-looking statements to reflect events or circumstances occurring after the date hereof.
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