Cheer Holding, Inc. (NASDAQ: CHR) (“Cheer” or the “Company”), a
leading provider of advanced mobile internet infrastructure and
platform services, announced today the release of an AIGC
miniseries Outlaws of the Marsh by CHEERS Telepathy, offering a
reinterpretation of the Chinese classic novel whilst stayed true to
its original. The series is currently available on platforms such
as TikTok, Tencent Video, Little Red Book, Kuaishou, and Weibo,
with one new episode aired every Wednesday. You may also find the
latest updates via the Outlaws of the Marsh channel at
http://www.gsmg.co/AI-Show/shuihuzhuan/index.html.
A perfect integration of technology and
culture
As a company with profound experience in the
field of media technology innovation, Cheer Holding has once again
turned its attention to Chinese classics on traditional culture.
The use of our self-developed advanced generative AIGC technology
to reproduce the classics is not only a move to innovatively
interpret traditional culture, but also an outstanding exploration
of the integration of technology and culture. This novel, with its
magnificent storyline and well-depicted characters, has been
popular since it was first created. The brand new visual
presentation of the story by CHEERS Telepathy AI relying on its
advanced AIGC technology will present young audience with a
refreshing experience. With the continuous update of this
innovative AI series, young audiences' love and interest in Chinese
classical literature will be further promoted.
A breakthrough in AI technology
application
As a leading multimodal AGI application, CHEERS
Telepathy AI's powerful underlying technology and wide application
possibilities provide comprehensive support for the reproduction of
the work, give new vitality to this classical literary masterpiece,
and demonstrate a new breakthrough in the application of AIGC
technology by Cheer Holding. The use of industry leading
text-to-video and image-to-video technology by CHEERS Telepathy AI
can not only efficiently generate high-quality and rich images, but
also accurately capture and restore the complex character
relationships, character personality and emotional changes in the
original work through advanced deep learning algorithms, multimodal
capacities and perfect model effects, providing a solid technical
guarantee for the reproduction of the work.
An exploration of cultural inheritance
and innovation
As a treasure of ancient Chinese literature, the
Outlaws of the Marsh has been widely known for its profound
historical background and character stories. Reproducing the
original work relying on its own advanced AIGC technology, Cheer
Holding is not only providing another new interpretation of
traditional culture in order to revitalize the classics, but also
kicking off a significant exploration and innovation integrating
AIGC technology and the culture. This innovative way of expression
makes classical literature closer to modern life and easier to be
accepted and understood by the younger generation. On the basis of
retaining the essence of the original work, CHEERS Telepathy AI
vividly presents the heroic spirit and complex relationships of
Liangshan heroes. Its exquisite pictures and vivid characterization
allow the audience to feel the profound connotation of the original
work while enjoying the wonderful story, so that the young audience
can be attracted by Chinese classic literary works in a more
intuitive and attractive way, promoting the inheritance of Chinese
culture.
Epilogue
Relying on a leading multimodal AGI application
platform in China, Cheer Holding reproduced the Outlaws of the
Marsh with CHEERS Telepathy AI's advanced generative technology,
reflecting the underlying technical strength of our self-developed
large model “Polaris Intelligent Cloud”, its wide AI application
possibilities and advanced interactive functions.
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 digital eco-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 AI-powered content creation
platform CHEERS Telepathy, CHEERS Lifestyle, CHEERS e-Mall, Yaoshi
TTX, CheerReal, CHEERS Open Data Platform, CheerCar, CheerChat,
CHEERS Fresh Group-Buying E-commerce Platform, Polaris Intelligent
Cloud, Digital Innovation Research Institute, AI-animated short
drama series, CHEERS video matrix, IP short video matrix, variety
show series, CHEERS Livestreaming, 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
digital ecosystem, the Company is committed to utilizing innovative
product applications and technologies to drive its 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 LLCConnie Kang,
PartnerEmail: ckang@wealthfsllc.comTel: +86 1381 185 7742
(CN)
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