South Korean AI startup MoneyBrain partners with Rainus to put an AI human in Electronic Shelf Labels

South Korean, Seoul-based Artificial Intelligence (AI) startup MoneyBrain announced it is supplying an AI video synthesizing solution to Rainus, Electronic Shelf Labels (ESL) company. The agreement with Rainus will carry out a government project called "AI voucher support project."

MoneyBrain has proved its high utilization and efficiency by introducing AI models in various fields such as broadcasting, education and service industries based on world-class real-time interactive AI technology.

MoneyBrain's interactive AI service is based on AI Video Synthesizing technology. Digital AI human has learned the creator's information (look, voice, gesture, language, etc.) with deep learning technology and provides video information such as product price, user review and advertisement.

"AI voucher support project" promoted by Korea National IT Industry Promotion Agency is a state-funded project to expand the scope of AI utilization by issuing vouchers to small and medium enterprises that need to apply AI products or services.

The purpose of "AI voucher support project" is to utilize solutions from suppliers that provide AI solutions that they want by utilizing vouchers.

The task contents of the AI voucher project is to establish and operate system for application of ai human technology for distribution stores, practical application. By using speaker-aware video technology and real-time interactive AI technology, it is possible to provide customized multimedia information services available in stores around the world. Thus, it can be expected to be a preoccupation of the global distribution market. In addition, AI explains products in distribution stores to maximize consumers' understanding of products and increase sales accordingly.

MoneyBrain changed preconceived notions about the monotonous interaction of AI with users. MoneyBrain's AI video synthesis solution is not only easy to use but also enough to prove of real-time conversational AI's usability in various such as electronic shelf labels, broadcast service, E-learning, and commerce.

Jang Se-young, CEO of MoneyBrain said: "With the convergence of AI and IoT technologies, the retail market will continue to grow in the future. We will continue to develop various AI platforms and be in part of the global market."

www.moneybrain.ai