KUALA LUMPUR, Dec 5 -- Soteria AI has announced US$5 million in private funding from N5 Holdings, led by chief executive officer and chairwoman Princess Nouf bint Bandar Al Saud. (US$1 = RM4.17)
In a statement, the company developing the first AI assistant for gaming said the funding would drive the continued development of Natasha, Soteria’s AI assistant for amateur and semi-professional gamers.
According to Soteria AI founder William Nobrega, the company is delighted to receive the support of the N5 team as they work to create the first AI assistant for gamers.
“Princess Nouf bint Bandar Al Saud has taken a personal interest in the development of advanced AI and will be working closely with us, our partners, the Saudi Government and the team at MIT to effectively bring a new form of life to our world.”
Soteria is working closely with AI experts, Aigo and innovation lab, Axion Ventures to develop its AI assistant. It will release its first game next year, Rising Fire Battle Royale, soon to be available in Asia via Tencent’s distribution network.
The company is currently valued at US$75 million, and the investment from N5 will help to increase this value as the project approaches the launch of its first AI-assisted game.
-- BERNAMA
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