REG - Engage XR Holdings - ENGAGE showcases first AI-powered virtual employee

ENGAGE XR HoldingsAnnouncement

23/01/2023 07:00

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RNS Number : 4725N  Engage XR Holdings PLC  23 January 2023

23  January 2023

 

ENGAGE XR Holdings Plc

("ENGAGE XR" or the "Group")

 
ENGAGE XR showcases first AI-powered virtual employee, called Athena
      ·    Potential Metaverse applications include automated customer service and virtual world building
·    Virtual employee Athena powered by ChatGPT & DALL.E

 

ENGAGE XR Holdings Plc (AIM: EXR; Euronext Growth: EXR), a leading metaverse
technology company, has successfully developed and demonstrated the
integration of artificial intelligence (AI) into its ENGAGE professional
metaverse platform.  The engineering team at ENGAGE XR have used Open AI
programmes, Chat GPT-3 and DALL.E to inhabit an avatar called Athena for real
time conversations and interactions with humans.

 

There is a demonstration here: https://youtu.be/pK6Uo5-jDfE
(https://youtu.be/pK6Uo5-jDfE)

 

Named after the Greek goddess associated with wisdom, handicraft, and
practical reason, "Athena" is a fully interactive virtual employee who will
take voice commands and complete tasks. AI-powered avatars open many
possibilities for enterprise clients of the Metaverse, including delivery of
always-on customer service and the ability to build virtual worlds using
nothing other than voice commands.

 

For ENGAGE Link users, Athena can provide advice, answer questions, source
media for playback, create AI imagery, find 3D objects, create sticky notes,
and interact with key functions of the platform. This is all done in an
animated avatar body to give people who interact with Athena the sense they
are speaking with a real person.   The functionality of the AI means that
Athena gets smarter the more she interacts with people, improving her
performance and responding more naturally to conversational prompts.

 

Over the coming weeks, engineers at ENGAGE XR are adding more functionality
and connectivity to Athena, utilising different AI programmes. She is also
being given access to hundreds of technical documents training her to become
an expert on the ENGAGE platform and tweaking her responses to become even
more human.

 

ENGAGE XR plans to provide custom AI employees for its enterprise clients at a
premium in the future. Each one will be tailored with a unique personality and
will be provided all the technical knowledge they will need to support each
individual company's goals and tasks. The avatars will be able to take on a
host of client-facing tasks which include tech support, training, education,
and moderation.

 

David Whelan, CEO, ENGAGE XR, said: "The creation of Athena is the beginning
of an extensive development roadmap of AI applications for use in ENGAGE.
These applications will place superpowers into the hands of our clients in
terms of virtual world-building, on-the-fly creativity and professional
client-facing services.

 

"Even at this very early stage of development, you can hold full conversations
with Athena inside ENGAGE. For example, you can ask her to create unique art
installations which are built in real-time. She can complete tasks such as
fetching 3D models, videos based on your prompts and provide full tutorials
and information on almost any topic you ask her. Athena is impressive and only
gets better the more we interact with her.

 

"Deployment of cutting-edge technology like Athena is another step in
delivering our vision for ENGAGE which is for it to become the dominant
metaverse platform of choice for Fortune 500 companies."

 

 

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

 finnCap Ltd (Nominated Adviser & Joint Broker)              Tel: +44 (0) 20 7220 0500

 Marc Milmo/ Seamus Fricker (Corporate Finance)

 Sunila de Silva (ECM)

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

 Damon Heath / Erik Woolgar

 Davy (Joint Broker & Euronext Growth Listing Sponsor)       Tel: +353 1 679 6363

 Barry Murphy / Lauren O'Sullivan

 SEC Newgate (Financial Communications)                      Tel: +44 (0)7540 106 366

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

 

About ENGAGE XR

ENGAGE XR Holdings plc (AIM: EXR; Euronext Growth: EXR) is metaverse
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 here
(https://www.youtube.com/watch?v=ITtz7ErWhMs&t=2s)

 

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.

 

EXR is listed on AIM in London and on the Euronext Growth Market in Dublin, a
market operated by Euronext Dublin.

 

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

 

 

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