- OpenAI expected to accelerate the Company's cash flow break even plans.
- Strategy includes automating methods for moderation, curation, and content creation.
- Future updates give the creator direct access to OpenAI tools for content creation.
NEW YORK, Feb. 13, 2023 /PRNewswire/ -- Creatd, Inc. (OTCQB: CRTD) ("Creatd" or the "Company"), a creator-first technology company, announced that it has completed a ninety day R&D phase; including real time integration of OpenAI's API's, to enhance our human led curation capabilities. It will now move from an R&D stage to part of our core business operations, both creating efficiencies and reducing overhead.
Vocal has nearly 2 million creators that consider Vocal a home base to post and monetize their content. The company plans to introduce AI assisted content generation including text and rich media to its 2 million creators later this year. The company continues to invest in its technology and expects future releases to include text to speech audio stories and harness the strength of natural language processing.
Jeremy Frommer, Creatd's founder and CEO, commented, "This investment in Vocal's underlying framework allows users to access creative tools to provide their readers with a more curated experience. Equally important is that it accelerates our company's path to positive EBITDA."
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