CM8
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Company News
Crowd Media secures Talking Head licencing deal with ‘big five’ tech company
Crowd Media (ASX: CM8) has secured a licencing deal for its proprietary Talking Head artificial intelligence (AI) platform with an undisclosed “big five” tech company. The milestone licencing deal follows Crowd achieving positive operating cash flow for the September quarter (Q1 FY2023) of $36,000 – up 210% on the previous corresponding period. Under terms of […]
Crowd Media and SourceFlare extend Talking Head collaboration
After finalising an initial three-month proof of concept period with Israeli data tech company SourceFlare, Crowd Media (ASX: CM8) revealed the duo has extended the agreement another three-months. The proof of concept involved integrating Crowd Media’s Talking Head conversational AI technology into SourceFlare’s marketing platform to optimise customer acquisition and lead generation. Crowd Media confirmed […]
Crowd Media trims losses as business transformation advances
Social commerce company Crowd Media (ASX: CM8) is celebrating the significant financial and operational turnaround it has made as it wraps up a three-year business transformation process with the commercialisation of its Talking Head platform. The company undertook a major restructure in 2019 to move its focus to the field of conversational artificial intelligence (AI). […]
Revenue from talking head proof-of-concept exceeds Crowd Media’s expectations
Social commerce company Crowd Media (ASX: CM8) is accelerating development of its talking head technology with all milestones to date achieved on time and team expansion supporting scaled commercialisation. In its June quarterly report, the company said it had received positive results from research and development for new versions of the platform and related software […]
Crowd Media to raise $2.1m to advance AI-based Talking Head technology and commercialisation
Crowd Media (ASX: CM8) will raise $2.1 million to further develop its flagship artificial intelligence-based Talking Head platform as commercialisation activity ramps up this year. Funds raised will also be used for sales and marketing and working capital expenses. Crowd has received binding commitments to raise the $2.1 million, with company directors expected to take […]
Crowd Media secures agreements to commercialise Talking Head artificial intelligence platform
Crowd Media (ASX: CM8) has executed two commercial agreements for its artificial intelligence-driven Talking Head platform for integration into the media search sector and NFT (non-fungible token) marketplace. The agreements fall within Crowd’s objective of commercialising the platform within three years of its inception in 2019. The platform produces computer-generated digital avatars which are then […]
Crowd Media continues in the green with another profitable quarter
Crowd Media (ASX: CM8) has achieved positive operating cash flow for the March quarter (Q3 FY2022), after revealing it was in the green for the first time in the December period. For Q3 FY2022, Crowd Media’s operational cash flow was $20,000 – bringing its year-to-date number to $30,000. The company attributed the ongoing profitability to […]
Crowd Media secures licencing deal for talking head platform with PangeaMed
Social commerce company Crowd Media (ASX: CM8) has secured a marketing and development agreement with existing customer PangeaMed for the licence of its artificial intelligence-powered “talking head” platform. The two-year contract will allow the South African healthcare company to offer its patients access to Crowd’s unique Q&A talking head platform for the provision of immediate […]
Crowd Media delivers financial and productivity improvements to artificial intelligence platform
Artificial intelligence company Crowd Media (ASX: CM8) has delivered a 116% improvement in its profit figures to $109,530 for the six months to December 2021. The company published the improvement as part of its half-yearly report released today, comparing the figures to the previous corresponding period and announcing a related net loss after tax of […]
Crowd Media to launch talking head system and other solutions in 2022
With a commercial launch in sight for its talking head system, conversational artificial intelligence technology developer Crowd Media’s (ASX: CM8) new chief executive officer Idan Schmorak revealed there will be other implementations throughout 2022 to open up further revenue streams. Mr Schmorak said technology breakthroughs will enable the company to offer multiple solutions going-forward including […]
