Stability.ai is a first-of-its-kind platform dedicated to creating and executing solutions using collective intelligence and augmented technology in various sectors of life that are accessible to all. Their solutions affect a range of sectors, from entertainment to business, health and other social industries. Eros Investments will incorporate Stability.ai’s model called ‘Stable Diffusion’, which includes open-source image generation to manifest ideas and dreams as immaculate art pieces using words. Stability.ai battles the norm set by big tech companies by using this form of image generation to challenge the barriers that prevent people from accessing Artificial Intelligence and its benefits. Their goal for the Stable Diffusion model is to ‘Enable creativity for anyone’ and have generative art be accessed everywhere. Eros and Stability.ai are working to bring this technology that was only privileged to a few, to every Indian to reflect their creativity & imagination.
Eros Investments plans to leverage this technology for its affiliate company Xfinite to have access to 12,000+ movie asset libraries, launch generative NFT and make the tool available to creators for self-expression on Mzaalo, the watch to earn blockchain platform by Xfinite.
Deep Ai technology and its use cases go well beyond the spectrum of entertainment, and this joint venture will focus on three key areas of collaboration across industry sectors and other partners.
Generative Meta-Humans: The evolution of this technology is suited to develop 3D rendering of individual avatars, the use cases of this would be within immersive AR/VR content, gaming, and the Metaverse. This partnership will allow for fictional content creation and the individual identity that is dynamic daily.
- Education: This sector is going to be a stepping-stone in transformation wherein every child learns at their own pace in the language of their comfort. The AI model will allow each student to customize content based on their adoption of the materials for progressive learning at scale.
- Healthcare: Covid-19 has made the world more aware of personal healthcare, however the need for healthcare stems from facets of fitness, nutrition, tracking, identification, and solution. This AI model will be custom for everyone, allowing them to identify their current health vitals and methods to improve and track that on a periodic basis.
Emad Mostaque, Founder & Chief Executive Officer, Stability.ai said, “India is a fascinating digital market with over 600+ Million users and immense creative capability across users. Our vision for this technology is to provide the base layer to the sectors of entertainment, education, healthcare and others and to allow for innovation by the users and peers from business. Eros is the perfect partner for this technology as premium experiences at mass adoption and innovation is core to their ethos of the group. This partnership will help transform not only how we deliver personalization to the consumers but also to re-orient our lifestyle between the offline and online world.”
Source: Business Wire India
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