COIN - Tokens.com Expands into AI and Robotics with Acquisition of Simulacra Corporation
(NewsDirect)
Tokens.com CEO Andrew Kiguel joined SteveDarling from Proactive to unveil the company's strategic pivottowards AI and robotics, marking a significant step to position itselfas a pioneer in technological innovation. Tokens.com recentlycompleted the acquisition of Simulacra Corporation, a leadingspecialist in AI for companionship and ultra-realistic humanoidrobots. These cutting-edge technologies are not only designed forinteractive companionship but also find applications acrossentertainment, healthcare, and education sectors.
Kiguel emphasized the transformativepotential of humanoid robots in various domains, including classroomsfor interactive teaching experiences and healthcare settings forproviding companionship and assistance to patients. Tokens.com hasalready demonstrated the practical utility of its technologies throughsuccessful projects with prominent entities like the US military andJohns Hopkins Hospital.
Moreover,Tokens.com is exploring novel governance applications by consideringthe integration of AI-enabled robots as advisors on its board. Thisstrategic move underscores the company's commitment to leveragingAI to enhance decision-making processes while ensuring impartialityand efficiency.
With over $20 million in revenue, Tokens.com hassolidified its position as a leader in the field of humanoid robotics,distinguishing itself from competitors such as Boston Dynamics andTesla. The acquisition of Simulacra Corporation marks a significantmilestone in Tokens.com's journey towards innovation andtechnological advancement.
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