Bitnine Changes Company Name to SkyWorldwide... "Leap to Global AI Tech Company"

Bitnine is changing its company name to Sky Worldwide and is making a full-scale leap as a global artificial intelligence (AI) tech company.

Shin Jae-hyuk, CEO of Sky Worldwide. Photo by Yoo Hyun-seok

On the 18th, Bitnine held the 'Sky Worldwide AI Summit' in Seoul.

Shin Jae-hyuk, CEO of Sky Worldwide, said, "We live in an era where survival is no longer possible without technological innovation," adding, "Sky Worldwide will lead the global market by maximizing AI capabilities based on spatial intelligence."

He emphasized, "The existing data solutions of Bitnine are expected to create even stronger synergy when combined with AI technology," and "Through the combination of vast data analysis capabilities and AI technology, we will be able to provide optimized marketing and business solutions to our clients."

Sky Worldwide is leading innovation in AI video generation technology in collaboration with its affiliate, Directors Tech. Directors Tech possesses generative AI technology that can produce high-quality videos without actual filming. This method reduces production time and costs by more than half compared to traditional methods.

Lee Jae-cheol, Vice President of Sky Worldwide. Photo by Yoo Hyun-seok

Lee Jae-chul, Vice President of Sky Worldwide, said, "The market and customers want video content," and added, "We can provide content solutions using the AI technology we have developed."

He emphasized that as the demand for video content is expected to grow further, their solutions will be the answer. Lee stated, "Koreans consume an average of three hours of video content daily," and stressed, "We need to generate different high-quality content every day." He continued, "If we generate content with our technology, we can produce five pieces of content for the price of one, and the production time can be significantly shortened."

Morgan Mao, Global CEO of SkyWorldwide. Photo by Hyunseok Yoo

Additionally, Morgan Mao, Global CEO of Sky Worldwide, introduced and demonstrated the AI agent called 'AI ONE.' CEO Morgan said, "What customers want is to realize realistic appearances," emphasizing, "Our solution is fully handled by AI, and humans only need to review intermittently."

Lee Jae-chul said, "Sky Worldwide is preparing an ‘AI agent’ that automatically generates essential product images and videos for e-commerce platforms and converts static images into dynamic ones," adding, "The AI agent, based on precise spatial intelligence, will provide innovation that surpasses existing solutions in terms of accuracy, quality, and effectiveness of advertising content production."

In particular, they plan to strengthen their business not only domestically but also globally. CEO Shin Jae-hyuk emphasized, "Our AI business is recognized by numerous global companies and brands and has been verified in terms of efficiency and performance," adding, "We have already established branches in Europe, Paris, Shanghai, Singapore, and Seoul, and plan to expand to Silicon Valley in the United States and the Middle East by 2025." He concluded, "We will create new value for companies with faster and more sophisticated AI solutions."