SANTA CLARA, Calif., Jan. 26, 2017 /PRNewswire/ -- Immerex Inc. and CloudMinds Technology Inc. today announced the two companies will be collaborating to create a next-generation entertainment experience using virtual reality (VR) and artificial intelligence (AI). The two companies will share industrial resources, technical and personnel expertise, as well as university intellectual property (IP) and development resources to build a richer, more interactive virtual reality platform enabled by CloudMinds' secure, intelligent cloud.
Immerex, a pioneer in virtual reality, recently announced one of the world's lightest portable VR headsets, with one of the highest resolutions and lowest latency on the market, creating the most comfortable immersive experience by reducing motion sickness during long-term immersion in virtual reality environments. Immerex holds the vision to bring virtual reality – the last screen for entertainment – to everyone's life and enhance the entertainment experience to a whole new level. This partnership will marry the best of entertainment, VR and AI to give users access to a whole new virtual world.
CloudMinds makes robots and devices smarter, providing secure, high-performance and low-latency private networks that connect robots and devices to a cloud platform with endless AI capabilities. By collaborating with Immerex, CloudMinds will leverage its Human Augmented Robot Intelligence (HARI) architecture with Immerex's VR and AR technology to bring robots to the cloud, while gaining access to Immerex's distribution channels to more than 3,000 cinema partnerships. Supported by investors such as Foxconn, Keystone Ventures, SoftBank and Walden Venture Investments, this partnership with Immerex solidifies CloudMinds' vision to be the No. 1 cloud robot operator.
"We see great synergies between CloudMinds and Immerex, both leaders in their respective fields who share the same vision," said Kirin Lee, CEO of Immerex. "Headquartered in Silicon Valley, Immerex is home to some of the brightest minds in the AR/VR industry, with deep cooperation with world-class research institutions. Immerex also has created a library of premier exclusive VR content. By collaborating with CloudMinds and its intelligent cloud platform and network, we can offer consumers an unprecedented VR experience."
"Collaborating with Immerex will help us to deliver a compelling user experience to customers," said Bill Huang, CEO of CloudMinds. "We envision our AI technology helping consumers interact with robots and VR accessories in the most natural way—using voice via natural language processing (NLP) and automatic speech recognition (ASR). We see this as only the beginning of a very exciting venture into transforming the entertainment industry."
Yin Zheng, Immerex Inc.
Robert Zhang, CloudMinds Technology, Inc.
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SOURCE Immerex Inc.