Cheer Holding, Inc. (NASDAQ: CHR) ("Cheer Holding," or the
"Company"), a leading provider of advanced mobile internet
infrastructure and platform services, today announced the launch of
the new Year of the Dragon Edition of CHEERS Telepathy (the “Dragon
Edition”), its cutting-edge, multimodal AI creative platform. This
major iteration brings substantial advancements in model
architecture, computing power, and content creation capabilities,
including painting, text-to-image, image-to-image, commercial
scenarios, dialogue, and long-form text generation. With its
enhanced features, CHEERS Telepathy sets new standards for the
realm of generative AI.
As China's digital economy continues to
experience explosive growth, enterprises are increasingly seeking
ways to improve marketing efficiency, foster innovation, and drive
development. CHEERS Telepathy, a flagship generative AGI
application, provides indispensable tools for enhancing efficiency
and empowering enterprise growth. Leveraging its powerful data
processing capabilities, deep natural language processing (NLP)
understanding, and superior intelligent algorithms, CHEERS
Telepathy is poised to revolutionize content marketing by enabling
highly efficient and personalized content creation.
In today's rapidly evolving landscape, capturing
accurate consumer demand trends and cultivating user interest are
essential for success. CHEERS Telepathy empowers brands and
enterprises to achieve this by autonomously learning and generating
creative content. With its unparalleled capabilities, CHEERS
Telepathy opens up new possibilities for intelligent and
personalized content marketing, enabling enterprises to redefine
their brand stories, accurately grasp consumer needs and emotions,
and seamlessly integrate brand concepts and sentiments into every
creative design. The result is a deeper connection between brands
and consumers, leading to superior marketing results in customer
acquisition, conversion rates, and post-link propagation.
The Dragon Edition introduces four generative
strategies designed to assist brands in acquiring new users,
nurturing user interest, penetrating search channels, and
optimizing conversion rates. By guiding users to gain in-depth
knowledge of the brand, CHEERS Telepathy establishes a profound
connection and fosters brand loyalty and positive subsequent
actions. This transformation focuses not only on capturing
attention but also on building meaningful interactions, fostering a
closer relationship between brands and their target audience, and
ultimately driving improved brand awareness, increased user
loyalty, and higher conversion rates.
In the fast-paced and dynamic competitive
market, the ability to harness AI application tools effortlessly
has become paramount for enterprises. CHEERS Telepathy excels in
this regard, streamlining complex processes and enabling rapid and
effective generation of required materials and assets for brands.
By reducing decision-making costs and trial-and-error expenses,
CHEERS Telepathy empowers enterprises to allocate resources more
efficiently, allowing them to concentrate on strategic
decision-making and innovative work, ultimately enhancing overall
operational efficiency.
As AI technology continues to evolve,
enterprises are increasingly recognizing the transformative value
of generative AGI. They seek flexible, fast, and personalized work
patterns, which can be achieved through advanced AI technologies
and application tools. CHEERS Telepathy remains at the forefront of
empowering enterprises and brands in the era of artificial
intelligence.
About Cheer Holding,
Inc.
As a preeminent provider of next-generation
mobile internet infrastructure and platform services in China,
Cheer Holding is dedicated to building a digital ecosystem that
integrates “platforms, applications, technology, and industry” into
a cohesive system, thereby creating a new, open business
environment for web3.0 that leverages AI technology. The Company is
developing a 5G+VR+AR+AI shared universe space that builds on
cutting-edge technologies including blockchain, cloud computing,
extended reality, and digital twin.
Cheer Holding’s portfolio includes a wide range
of products and services, such as Polaris Intelligent Cloud, CHEERS
Telepathy, CHEERS Open Data Platform, CHEERS Video, CHEERS e-Mall,
CheerReal, CheerCar, CheerChat, CHEERS Fresh Group-Buying
E-commerce Platform, Digital Innovation Research Institute, CHEERS
Livestreaming, variety show series, IP short video matrix, and
more. These offerings provide diverse application scenarios that
seamlessly blend “online/offline” and “virtual/reality”
elements.
With “CHEERS+” at the core of Cheer Holding’s
ecosystem, the Company is committed to consolidating and
strengthening its core competitiveness, and achieving long-term
sustainable and scalable growth.
For more information, please
visit http://ir.gsmg.co/.
Safe Harbor Statement
Certain statements made in this release are
“forward looking statements” within the meaning of the “safe
harbor” provisions of the United States Private Securities
Litigation Reform Act of 1995. When used in this press release, the
words “estimates,” “projected,” “expects,” “anticipates,”
“forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,”
“will,” “should,” “future,” “propose” and variations of these words
or similar expressions (or the negative versions of such words or
expressions) are intended to identify forward-looking statements.
These forward-looking statements are not guarantees of future
performance, conditions or results, and involve a number of known
and unknown risks, uncertainties, assumptions and other important
factors, many of which are outside the Company’s control, that
could cause actual results or outcomes to differ materially from
those discussed in the forward-looking statements. Important
factors, among others, are: the ability to manage growth; ability
to identify and integrate other future acquisitions; ability to
obtain additional financing in the future to fund capital
expenditures; fluctuations in general economic and business
conditions; costs or other factors adversely affecting our
profitability; litigation involving patents, intellectual property,
and other matters; potential changes in the legislative and
regulatory environment; a pandemic or epidemic; the occurrence of
any event, change or other circumstances that could affect the
Company’s ability to continue successful development and launch of
its metaverse experience centers; the possibility that the Company
may not succeed in developing its new lines of businesses due to,
among other things, changes in the business environment and
technological developments, competition, changes in regulation, or
other economic and policy factors; disruptions or other business
interruptions that may affect the operations of our products and
services, the possibility that the Company’s new lines of business
may be adversely affected by other economic, business, and/or
competitive factors; other factors, risks and uncertainties set
forth in documents filed by the Company with the Securities and
Exchange Commission from time to time, including the Company’s
latest Annual Report on Form 20-F filed with the SEC on March 22,
2023, as amended. The Company undertakes no obligation to update or
revise any forward-looking statements, whether as a result of new
information, future events or otherwise, except as required by
applicable law. Such information speaks only as of the date of this
release.
For investor and media inquiries, please
contact:
Wealth Financial Services LLC
Connie Kang, Partner
Email: ckang@wealthfsllc.com
Tel: +86 1381 185 7742 (CN)
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