NEW YORK, Sep. 14, 2021 / PRNewswire / – Color Star Technology Co., Ltd. (NASDAQ: CSCW) (hereinafter referred to as “Color Star” or the “Company”), an entertainment technology company focused on the application of technology in the entertainment industry, today abandons the adoption of the first artificial intelligence (AI) system known for its global celebrity interactive platform, Color Star APP.
Color Star’s current AI will focus on developing specific character images, with a particular image based on the works of each registered user, including their music, dance, film and animation works, published on the Color Star platform. This AI technology will also include skills and functions that can be used in the upcoming Color Star “card” that allows users to shop, travel, and conduct business negotiations in virtual reality. The first edition of AI imagery launched on the market will have more than 1,000 image choices, and the choices will continue to expand. More images will be published in the future for users to choose from.
Always committed to the application of entertainment technology, Color Star has continuously incorporated newer scientific and technological concepts into the Color Star APP software, combining entertainment with technology. With the introduction of AI, the company’s concept of the “parallel universe” will gradually come into play. In the future, Color Star will continue to realize the concept of the parallel universe through the implementation of Augmented Reality (AR) technology, which enables a user to see an online performance as if it were live. Users will also be able to interact and communicate with their favorite stars and conduct activities such as shopping and business negotiations without leaving their homes. In addition, AI images are used in the Color Star APP to represent and identify individual users on the Internet. AI technology allows you to overcome the limits of reality such as time, place, job, living conditions, etc. Instead, each user will be able to create their own virtual universe with social interactions.
Mr. Basil Wilson, CEO of Color Star, commented, “Color Star has gone to great lengths to create products that can be combined with entertainment. To this end, we have a research and development base in Dubai. The company’s AI system has completed its initial testing and application phase, and the corresponding products will be launched one by one. The new AR Vision Intelligence system currently under construction will also gradually come onto the market. In the future, Color Star will allow users to realize a different self regardless of their situation in the real world. This was one of our original goals in creating a parallel universe for our users. “
The Color Star APP is currently available for direct download in both the Apple Store and the Google Store. With Color Star’s applications rolling out in batches, the company believes it will bring more pleasant surprises and experiences to its global users.
About the Color Star technology
Color Star Technology Co, Ltd. (Nasdaq CM: CSCW) is an entertainment and education company that provides online entertainment performances and online music education services. Its operations are conducted through its wholly owned subsidiaries, Color China Entertainment Ltd. and CACM Group NY, Inc. were wound up. The company’s online education is provided through its music and entertainment education platform, Color World. You can find more information about the company at www.colorstarinternational.com.
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements about plans, goals, objectives, strategies, future events or performance, and underlying assumptions and other statements that are not statements of historical fact. When the company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that are not limited to When referring to historical matters, she makes forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that could cause actual results to differ materially from the company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to: the company’s goals and strategies; the future business development of the company; Product and service demand and acceptance; Changes in technology; Economic situation; the growth of the education and training services market in China and other countries where CSCW does business; Reputation and brand; the effects of competition and pricing; state restrictions; Fluctuations in general terms and conditions and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance on forward-looking statements in this press release. Additional factors are discussed in the company’s filings with the Securities and Exchange Commission, which are available for review www.sec.gov. The company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that occur after the date of this release, except as required by applicable law, regulation or regulation.
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