NEW YORK and TEL AVIV,
Israel, Nov. 10, 2021
/PRNewswire/ -- D-ID, a world leader in AI-driven creative
media, and The Glimpse Group, Inc. ("Glimpse") (NASDAQ: VRAR) (FSE:
9DR), a diversified Virtual Reality ("VR") and Augmented Reality
("AR") platform company providing enterprise-focused VR and AR
software and services solutions, today announced a partnership to
collaborate on multiple AI/VR/AR products that breathe life into
the Metaverse.
Combining aspects of AI, AR, VR, social media, online gaming,
and other services, the Metaverse is a rapidly emerging space that
adds a third dimension to the internet and makes it accessible in a
richer, more seamless way. While several major tech companies are
already staking a claim to the Metaverse, it is actually a "blue
ocean" and much of the technology to make it possible and engaging
have yet to be developed.
Leveraging the unique core competencies of D-ID and Glimpse, the partnership between the
two companies brings a new dimension to the Metaverse. The
jointly-developed technologies and products will combine
D-ID's highly-realistic AI-powered
Creative Reality™ technology with Glimpse Group's advanced VR/AR
solutions. Together they are expected to create experiences for
Metaverse users which are more immediate and realistic.
"The Metaverse is going to change everything, starting with the
way humans interact with each other, the way we see the world, and
the kinds of possessions we own," said Gil
Perry, CEO and Co-founder of D-ID. "From commerce, to entertainment, from
dating to healthcare, the success of the Metaverse depends on
realistic digital personas in order for people to embrace it as an
essential part of their daily lives. They will dance at virtual
concerts, enjoy museums with friends, interact with brands, and
more if they feel the experiences are truly immersive and the
avatars are relatable. Our collaboration with Glimpse will shape
and bring life to the Metaverse."
Lyron Bentovim, President and CEO
of the Glimpse Group added: "Artificial Intelligence will play a
key part in the Metaverse, and combining D-ID's cutting edge technology with Glimpse's
immersive VR and AR solutions will allow companies across many
industries to preview the direction the Metaverse will take."
The partners are already collaborating on a proof of concept
("PoC"), as an initial test drive of ways their technologies can
work together. The PoC is a technology that will enable users to
easily animate still photos directly on their device leveraging
D-ID's technology and Glimpse's
subsidiary company PostReality's (www.postreality.io)
solutions.
D-ID's partnership with Glimpse is the latest in a series of
strategic milestones for D-ID in a
momentous year. Over the past few months, D-ID launched Deep Nostalgia for MyHeritage –
and users have already created nearly 100 million animations of
their ancestors with it. The Company also created an interactive
marketing campaign for Mondelēz, partnered with Warner Bros.
Pictures and Oblio to create a first-of-its-kind film promotion
that enabled viewers to have a starring role in the Hugh Jackman film "Reminiscence," and partnered
with Josh, India's version of
TikTok, to allow the users of the short-video app to animate
themselves dancing or lip-syncing to big pop hits.
About D-ID
D-ID is a Tel Aviv-based
Creative Reality™ startup specializing in patented video
reenactment technology using AI and deep learning. Established in
2017, D-ID created the first
facial image de-identification solution to protect images and
videos from facial recognition software. D-ID's products range from animating still
photos, to facilitating high-quality video productions, and
creating viral user experiences such as Deep Nostalgia, which has
generated nearly 100M animations
since its launch in late February. With $23
million in funding from Y Combinator, Pitango, AXA,
Foundation VC, Maverick Ventures, AI Alliance, and others,
D-ID aims to disrupt the media and
entertainment industries with the creation of media using AI in
traditional channels as well as the Metaverse. With international
customers in the swiftly growing synthetic media market,
D-ID's core competencies in the
human face and deep learning enable its partners to create exciting
and engaging content that was until now unimaginable. To find out
more, please visit www.d-id.com.
About The Glimpse Group
The Glimpse Group (NASDAQ:VRAR, FSE: 9DR) is a diversified
Virtual and Augmented Reality platform company, comprised of
multiple VR and AR software and services companies, and designed
with the specific purpose of cultivating companies in the emerging
VR/AR industry. Glimpse's unique business model simplifies
challenges faced by VR/AR companies and creates a robust ecosystem,
while simultaneously providing investors an opportunity to invest
directly into the emerging VR/AR industry via a diversified
platform. For more information on The Glimpse Group, please visit
www.theglimpsegroup.com.
Media Contacts:
D-ID
Yardena Udi
Senior Account Manager, Si14 Global Communications
d-idpr@si14global.com
The Glimpse Group, Inc.
James Lambert
Account Director, HeraldPR
j.lambert@heraldpr.com
View original
content:https://www.prnewswire.com/news-releases/the-glimpse-group-and-d-id-partner-to-bring-life-to-the-metaverse-with-ai-vr--ar-301420919.html
SOURCE D-ID; The Glimpse Group,
Inc