RCS - Engage XR Holdings - Launch of School of AI

ENGAGE XR HoldingsAnnouncement

13/03/2024 07:00

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RNS Number : 5753G  Engage XR Holdings PLC  13 March 2024

Reach

13 March 2024

 

ENGAGE XR Holdings Plc

("ENGAGE XR" or the "Group")

 

Launch of School of AI

 

ENGAGE XR Holdings Plc, a leading spatial computing and metaverse technology
company, is delighted to announce the launch of "School of AI". This new
offering creates an immersive learning environment, in which students can
speak to notable figures of history, powered by conversational and generative
AI.

 

School of AI has been built and developed by the team at ENGAGE XR and offers
a glimpse into the future of AI for educational use. School of AI is set in
authentic historic locations, such as Marie Curie's lab (image below) or the
Hall of Independence with Benjamin Franklin. Where original audio clips were
available for a given character, those clips were used to train the AI to
sound exactly like the original characters and give them similar mannerisms.

 

School of AI will be made available to a selection of ENGAGE XR's educational
clients later this month, followed by a full rollout planned later this year,
which is expected to create new revenue opportunities. ENGAGE XR's educational
clients include the Kentucky Department of Education, Optima Domi, and Lobaki.

 

School of AI will be available on all leading VR/AR devices, PCs, Phones and
Tablets, with 12 AI-powered characters, including Neil Armstrong, Rosa Parks,
Benjamin Franklin, Nikola Tesla and Marie Curie, available on release, with
more arriving later this year.

 

Further details can be found here:  https://engagevr.io/school-of-ai/

 

David Whelan CEO, ENGAGE XR, said: "There is a lot of excitement around AI and
its capabilities to generate images, videos, and text. We have been actively
researching and developing tools and services, which work in combination with
OpenAI and MetaAI, that are more than just cool tech demos.

 

"School of AI is just the first in a line of services we have planned for
release this year. We have developed a suite of useful tools that merge AI,
Metaverse and Spatial Computing services into singular useful products that
will make a meaningful impact in terms of educational and enterprise use. At
School of AI, students will be able to learn history from those who lived
through it, speaking directly to Marie Curie, Nikola Tesla and many others as
if they were alive today.

 

"School of AI focuses on education however we have similar offerings for
enterprise clients which are tailored to help onboarding and ongoing
professional development."

 

 

For further information, please contact:

 

 ENGAGE XR Holdings Plc                                                    Tel: +353 87 665 6708

 David Whelan, CEO                                                         info@engagexr.co

 Séamus Larrissey, CFO

 Sandra Whelan, COO

 Cavendish Capital Markets Limited (Nominated Adviser & Joint Broker)      Tel: +44 (0) 20 7220 0500

 Marc Milmo/ Seamus Fricker (Corporate finance)

 Sunila de Silva / Harriet Ward (ECM)

 Shard Capital Partners LLP (Joint Broker)                                 Tel: +44 (0) 20 7186 9952

 Damon Heath / Erik Woolgar

 SEC Newgate (Financial Communications)                                    Tel: +44 (0)7540 106366

 Robin Tozer / Tom Carnegie / Naz Zandi                                    engage@secnewgate.co.uk

 

 

About ENGAGE XR

ENGAGE XR Holdings plc (AIM: EXR) is an extended reality (XR) technology
company focused on becoming a leading global provider of virtual
communications solutions through its new fully featured corporate metaverse,
ENGAGE Link. A demonstration of ENGAGE Link is
https://youtu.be/2OHtimtFY3M?si=Ng0-mwgUpTgU4wtl
(https://youtu.be/2OHtimtFY3M?si=Ng0-mwgUpTgU4wtl)

The Company also has a proprietary software platform, ENGAGE. ENGAGE provides
users with a platform for creating, sharing, and delivering VR content for
education, training, and online events through its three solutions: Virtual
Campus, Virtual Office, and Virtual Events.

For further information, please visit: www.engagexrholdings.com (LinkedIn:
@Engage XR Holdings plc Twitter: @engage_xr)

Forward-Looking Statements

Certain statements made in this announcement are forward-looking statements.
These forward-looking statements are not historical facts but rather are based
on the Group's current expectations, estimates, and projections about its
industry; its beliefs; and assumptions. Words such as 'anticipates,'
'expects,' 'intends,' 'plans,' 'believes,' 'seeks,' 'estimates,' and similar
expressions are intended to identify forward-looking statements. These
statements are not guarantees of future performance and are subject to known
and unknown risks, uncertainties, and other factors, some of which are beyond
the Group's control, are difficult to predict, and could cause actual results
to differ materially from those expressed or forecasted in the forward-looking
statements.

The Group cautions security holders and prospective security holders not to
place undue reliance on these forward-looking statements, which reflect the
view of the Group only as of the date of this announcement. The
forward-looking statements made in this announcement relate only to events as
of the date on which the statements are made. The Group will not undertake any
obligation to release publicly any revisions or updates to these
forward-looking statements to reflect events, circumstances, or unanticipated
events occurring after the date of this announcement except as required by law
or by any appropriate regulatory authority.

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