XOsoft (CEO Park Se-won), a company specializing in AIoT (Artificial Intelligence Internet of Things) and AR (Augmented Reality), announced that it has signed a strategic memorandum of understanding (MOU) with Agora (NASDAQ: API), a global real-time communication and conversational AI technology company.
The signing ceremony held at Xosoft headquarters was attended by Agora co-founder and Chief Revenue Officer (CRO) Tony Wang and key development team members.
The purpose of this agreement is to jointly build a reliable and secure AIoT conversational platform by combining Xosoft's AIoT and AR technologies with Agora's stable real-time communication (RTC) platform. The two companies plan to immediately proceed with joint development and verification projects to concretize high value-added AIoT new business models, such as ▲development of AI robots for English and math learning using Xoplay's Number Blocks IP, ▲joint development of AI robots for senior care, and ▲promotion of personalized content and emotional exchange type AI goods businesses.
“Our collaboration with Agora is a turning point that combines the world’s best real-time communication technology, AIoT and AR technology, and content planning capabilities,” said Park Se-won, CEO of Xosoft. “We will provide a highly immersive, next-generation interactive service experience in the education and welfare sectors.”
Agora Co-Founder and CRO Tony Wang said, “Xosoft is the optimal partner with the ability to connect innovative products and services to market success. Through this collaboration, we will expand our global content-integrated AI business based in Korea and support the global expansion of jointly developed products.”
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