AUSTRALIA – Prins AI, a technology company utilizing advanced AI to create digital identities for enterprises, brands, celebrities, and individuals, closed a $100m Series B financing round.
The round was spearheaded by AAB VC. Following the earlier $22m Series A+ and $10m Series A funding, this latest funding further bolsters the company’s financial strength. In the next phase, Prins AI will continue to invest in the research and development of deep learning technology to launch more accurate, natural, and efficient digital identity products, to expand its team, including recruiting more technical talent to enhance product development capabilities and enlarging the marketing and sales teams.The capital will be utilized to further enhance the functionalities of the platform and apply its technology across a myriad of scenarios including broadcasting media, brand marketing, e-commerce live streaming/short videos, educational entertainment, and more.Prins AI provides a platform dedicated to the training of AI digital identities. Its digital identity technology has been widely deployed in various online and offline scenarios including broadcasting media, brand marketing, e-commerce live streaming/short videos, educational entertainment, AR/VR/AI, and more. By employing blockchain technology and smart contracts to record the training and application logs of AI digital identities, Prins AI utilizes cryptocurrency reward mechanisms to attract public participation in AI digital identity training programs, thereby expanding the application scenarios of AI digital identities and generating more commercial value.Currently, Prins AI has established offices and research and development centers in several cities across the United States including New York, Los Angeles, Chicago, Houston, Philadelphia, and Lakewood, as well as in London, UK, Canberra, Australia, and multiple cities in China.01/10/2023
