BEIJING, Dec. 12, 2023 /PRNewswire/ — Cheer Holding, Inc. (NASDAQ: CHR) (“Cheer Holding,” or the “Company”), a leading provider of advanced mobile internet infrastructure and platform services, today announced that CHEERS Telepathy has been successfully launched on the iOS and Android app stores, as well as on the WeChat mini-program platform. Since obtaining all relevant regulatory approval, the multimodal artificial intelligence content creation platform (http://www.ylxai.com) has emerged as a comprehensive, end-to-end AI application tool for integrated marketing of creative content.

Leveraging the powerful computational capabilities of the Company’s Polaris Intelligent Cloud, CHEERS Telepathy boasts exceptional performance and responsiveness. It possesses the ability to comprehend complex visual data, enabling it to make informed decisions. This unique capability empowers CHEERS Telepathy to handle a diverse range of creative content, including a variety of types from basic text to intricate video scripts and storyboards. Capitalizing on its leadership position in the field of artificial intelligence, CHEERS Telepathy offers intelligent features such as smart tagging, recommendations, formatting, and content generation. By automatically generating various types of creative content tailored to specific requirements and objectives, CHEERS Telepathy optimizes content strategies, based on user feedback and behavior, to enhance interactivity and improve marketing effectiveness.

CHEERS Telepathy plays an indispensable role as an AI application tool within the complete workflow of creative content integration and marketing. It swiftly generates high-quality creative content, elevating both its overall quality and diversity. Employing advanced natural language processing, computer vision, and deep learning techniques, CHEERS Telepathy achieves end-to-end automation throughout the content creation process, while intelligently analyzing user feedback. The system deeply understands the nuanced needs and preferences of users, allowing it to adapt and optimize content according to their behavior and feedback. By seamlessly connecting previously disparate workflows, CHEERS Telepathy liberates human resources from single-node chains, significantly boosting work efficiency and resolving the challenge of soaring costs.

For individuals with a wide range of design needs and creative aspirations, CHEERS Telepathy’s original creative image capabilities provide invaluable assistance in overcoming creative obstacles. Through extensive collaboration with advertising and marketing companies, CHEERS Telepathy generates differentiated rendering effects by skillfully interpreting diverse subject descriptions, enabling precise expression of the desired visual representations for marketing materials. Even for highly complex designs that prove challenging to execute using other social software, CHEERS Telepathy’s remarkable learning ability ensures the delivery of high-quality solutions, providing support for the creation of diverse and impactful content.

CHEERS Telepathy, as a comprehensive creative content integration and marketing application tool, offers invaluable support to businesses in various aspects of brand building, content promotion, user interaction, and overall marketing effectiveness. As AI technology continues to advance, CHEERS Telepathy is poised to drive innovation and breakthroughs within the field of creative content integration and marketing.

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 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)