Pulse Evolution Corporation reported its 2nd fiscal quarter results today. The company, which is a leader in artificial intelligence and holographic imagining, is still thriving.
Company CEO John Textor says he is pleased with the outcome of the developmental stages. “We have established ourselves as a global leader in the market of digital human applications,” says Textor. A significant amount of the company’s assets are devoted to human imaging. Pulse Evolution has used its technology in the past to create holographic images of celebrities such as Michael Jackson, Tupac Shakur and Marilyn Monroe; the deceased stars’ estate is compensated for the image use.
The company received a great deal of press for its Michael Jackson holographic image during the 2014 Billboard Music Awards. Textor believes in a conservative approach to business. He says building capital is important but assets should be saved for future endeavors. The company’s decision to have a listing on a national stock exchange was for security purposes. The listing on the Frankfurt Stock Exchange helped the company raise $15 million.
The implementation of the next stages of technology are upcoming. Textor says the use of holistic human images will continue to gain more and more popularity. Aside from the use in film and media, the images will be used in “thinking” applications for artificial intelligence. Although this type of technology is still a ways off, Pulse Evolution will be at the forefront. According to Textor and his IMDB, the company’s goal is to be the first company to implement such technology.