Deepbrain

About Deepbrain

Deepbrain AI is a technology company specializing in artificial intelligence-powered video synthesis and conversational, interactive AI Humans. Founded in 2016 by CEO Eric Se-young Jang as his fourth startup, the company was originally named MoneyBrain. Inspired by the AlphaGo victory in 2016, Jang, who has a background in Electrical and Computer Engineering from Seoul National University, initially focused the company on chatbot services. A significant milestone was the name change in 2021 to DeepBrain AI, reflecting a broader pivot to AI Human technology.

The company's core business revolves around its AI Studios platform, a SaaS (Software as a Service) offering that enables users to generate videos from text by using hyper-realistic AI avatars. This technology allows for the creation of content in over 80 languages with synchronized lip-syncing, gestures, and speech, drastically reducing the time and cost associated with traditional video production. Deepbrain AI's business model is divided into B2B and B2C segments. Revenue is primarily generated through subscription-based plans for its AI Studios platform, with tiered pricing for different levels of usage, and through customized enterprise solutions. The company serves a diverse client base across industries such as media, finance, education, retail, and healthcare. Notable clients include MBN, Kyowon, Shinhan Bank, and LG HelloVision.

Deepbrain AI has raised a total of $52 million over several funding rounds. A crucial Series B round in August 2021 brought in $44 million, led by the Korean Development Bank, which valued the company at $180 million. Other key investors include IDG Capital, POSCO Capital, and KB Investment. The company holds numerous AI-related patents and has received CES Innovation Awards. Headquartered in Palo Alto, California, with offices in Seoul, South Korea, Deepbrain AI has formed strategic partnerships with major technology firms like Microsoft, Lenovo, AWS, and NVIDIA to enhance its capabilities and expand its global market reach.