SHENZHEN, China, May 9, 2024
/PRNewswire/ -- Taoping Inc. (Nasdaq: TAOP, the "Company"), a
developer of innovative smart cloud platform services and
solutions, new media and artificial intelligence solutions, today
unveiled a new, upgraded AI-powered smart terminal. This
cutting-edge platform integrates AI Generative Artificial
Intelligence (AIGC) with Taoping's intelligent cloud platform
technology and product capabilities, paving the way for
intelligent, AI-driven smart terminals.
Taoping's new enhanced AI-powered smart terminals leverage
high-end video displays to seamlessly integrate AI technology. This
facilitates rapid interaction, data collection, analysis, and more,
optimizing the user experience. Initially targeting advertisers,
these enhanced terminals enable them to autonomously generate
diverse advertising content such as text-to-image, posters, and
video ads. This capability aligns with tailored promotional
strategies, offering a high degree of customization. This
capability allows the terminals to engage audiences naturally and
instantly, significantly enhancing the efficacy of advertising
media within Taoping's ecosystem.
Mr. Lin Jianghuai, Chairman and CEO of Taoping, commented, "It's
evident that AI has emerged as a central focus for our customers
seeking cutting-edge terminal solutions. Over the past year, we've
deliberately architected our new AI-powered smart terminals to
capitalize on the advanced capabilities of AI, seamlessly
integrating them with our renowned intelligent cloud platform
technology. The initial feedback from customers has been
overwhelmingly positive. Our enhanced terminals not only promise to
boost efficiency and cost-effectiveness for business owners, but
they are also poised to elevate customer experiences. By delivering
faster, more accurate service, they have the potential to reduce
transaction costs significantly."
"This represents a significant milestone in Taoping's cloud
strategy. While the initial application in advertising scenarios
marks a promising start, we anticipate a much broader utilization
of our new AI-powered smart terminals across various sectors
including environmental protection, government affairs, retail,
culture, and tourism. Our focus is firmly on leveraging these
exciting opportunities to drive growth, supported comprehensively
by the Company's expanded AI product series."
The integration of 3D simulated digital technology introduces
groundbreaking interaction methods through AI technologies.
Equipped with ultra-realistic dynamic service capabilities,
advertisers from a variety of industries – including culture
and tourism, catering, government affairs, finance, live streaming,
and more – can now generate exclusive IP images that reflect with
their unique characteristics.
At the same time, Taoping's new AI-powered smart terminals
comprehensively optimize and upgrade multiple functions, such as
intelligent auxiliary settings of advertising categories,
scenarios, and specifications, as well as advertisements cloud
storage and publishing. Covering every phase from content creation,
precise publishing to marketing, and interaction with data
analysis, Taoping's new AI-powered smart terminals will leverage AI
to enhance each step of the process.
About Taoping Inc.
Taoping Inc. (Nasdaq: TAOP) has a long history of successfully
leveraging technology in the development of innovative solutions to
help customers in both the private and public sectors to more
effectively communicate and market to their desired targets. The
Company has built a far-reaching city partner ecosystem and
comprehensive portfolio of high-value, high-traffic areas for its
products, which are aligned together with Taoping's smart cloud
platform, cloud services and solutions, new media and artificial
intelligence. For more information about Taoping, please
visit www.taop.com. You can also follow us on X.
Safe Harbor Statement
This press release contains "forward-looking statements" that
involve substantial risks and uncertainties. All statements other
than statements of historical facts contained in this press
release, such as statements regarding our estimated future results
of operations and financial position, our strategy and plans, and
our objectives or goals, are forward-looking statements within the
meaning of Section 27A of the Securities Act of 1933, as amended
and Section 21E of the Securities Exchange Act of 1934, as amended.
We have attempted to identify forward-looking statements by
terminology including "anticipates," "believes," "can," "continue,"
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"potential," "predicts," "should," or "will" or the negative of
these terms or other comparable terminology. Our actual results may
differ materially or perhaps significantly from those discussed
herein, or implied by, these forward-looking statements. There are
a significant number of factors that could cause actual results to
differ materially from statements made in this press release,
including: our potential inability to achieve or sustain
profitability or reasonably predict our future results due to our
limited operating history of providing smart cloud services, the
effects of the global Covid-19 pandemic, the emergence of
additional competing technologies, changes in domestic and foreign
laws, regulations and taxes, uncertainties related to China's legal system and economic, political
and social events in China, the
volatility of the securities markets; and other risks including,
but not limited to, those that we discussed or referred to in the
Company's disclosure documents filed with the SEC available on the
SEC's website at www.sec.gov, including the Company's most recent
Annual Report on Form 20-F as well as in our other reports filed or
furnished from time to time with the SEC. The forward-looking
statements included in this press release are made as of the date
of this press release and the Company undertakes no obligation to
publicly update or revise any forward-looking statements, other
than as required by applicable law.
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SOURCE Taoping Inc.