OBEN SELECTED FOR SOFTBANK INNOVATION PROGRAM
Leading global conglomerate aims to help expand ObEN’s innovative Personal AI technology in the VR/AR market
PASADENA, CA, July 09, 2018 – ObEN Inc., the artificial intelligence (AI) company creating Personal AI technology to revolutionize digital interaction, announced it has been selected for the third SoftBank Innovation Program with its Personal Artificial Intelligence (PAI) technology that enables every person in the world to create, use, and manage their own blockchain authenticated and secured PAI.
The SoftBank Innovation Program combines the solutions of select innovative companies worldwide with the resources and technology of SoftBank Corp. (‘SoftBank’), helping to commercialize these solutions for a global market. ObEN was selected to participate in the third round of SoftBank’s elite program, as one of only 8 companies deemed disruptive in its technology by one of the world’s largest public companies.
SoftBank, a subsidiary of SoftBank Group Corp, created the SoftBank Innovation Program with the aim to create new value by funding prototype solution developments and aid in test marketing for program participants. SoftBank Ventures Korea Corp. has been a long-time supporter of ObEN, having previously invested in the company’s Series A round of funding.
“As one of the leading business and technology conglomerates in the world, Softbank has had a finger on the pulse of the best and most promising in emerging technology,” said Nikhil Jain, co-founder and CEO of ObEN. “Together we look forward to exploring applications of Personal AI solutions that will dramatically enhance the experiences users can engage in within VR/AR.“
For the Innovation Program, SoftBank was particularly interested in the opportunities for integrating ObEN’s technology within the VR/AR space. With a single selfie and a short voice recording, ObEN allows users to create their own PAI, an intelligent 3D avatar that looks, talks, and even sings like the user. In addition to creating social content in AR/VR, PAI can be utilized in virtual meetings as representatives of an individual, or serve as digital triage in the medical space with PAIs of doctors and nurses. Enhanced with VR/AR, the PAIs can deliver more personalized experiences across numerous applications. In addition, to ensure the security of the PAIs, as well as the associated data, ObEN has adopted the Project PAI blockchain and is developing applications featuring its PAI technology on the blockchain.
ObEN’s PAI-based application will be available in mid-2018. Learn more at projectpai.com
ObEN is an artificial intelligence (AI) company developing Personal AI technology that revolutionizes personal digital interaction, enabling never before possible social and virtual interactions. The company’s technology allows users to create intelligent 3D avatars that look, sound, and behave like them. Deployed on the blockchain, ObEN’s Personal AI (PAI) technology enables users to create, use, and manage their own PAI on a secure, decentralized platform. Founded in 2014, ObEN is a K11, Tencent, SoftBank Ventures Korea Corp. and HTC Vive X portfolio company and is located at Idealab in Pasadena, California. To learn more about ObEN, please visit oben.com.
# # #