Matrix AI Network and NeuraMatrix partnership

Matrix AI Network, an innovator in the decentralized AI economy, has announced a groundbreaking strategic partnership with NeuraMatrix, a leading Chinese neuroscience company focused on brain-computer interface (BCI) technology. This collaboration seeks to revolutionize the Web3 and metaverse realm by leveraging the unique combination of Matrix AI Network’s AI-powered blockchain and NeuraMatrix’s groundbreaking BCI technology.

Founded in 2017 by a talented group of young professionals in Hong Kong and Mainland China, Matrix AI Network (MAN) has been at the forefront of AI and blockchain advancements. An AI team has been led by the renowned Steve Deng of Tsing Hua University for machine learning and LLM. With its internal ChatGPT equivalent, Morpheus, receiving rave reviews after a recent test in mid-May, MAN is now accelerating into its 3.0 plan, which aims to integrate neuroscience with AI and blockchain for avatar intelligence (AvI) after a five-year development journey.

NeuraMatrix, established in 2019, has been a driving force in the development of next-generation interfaces, with a focus on integrated circuits (chips) and biomaterials. Its highly accomplished founders have an impressive track record in neurology and biomedicine, and the research teams are making significant progress in establishing a wireless data exchange channel between the brain and the computer. NeuraMatrix’s pioneering approach to BCI technology has cemented its position as a market leader, with numerous research papers published in prestigious academic journals.

This strategic alliance between Matrix AI Network and NeuraMatrix brings together the unique expertise of both companies to develop breakthrough solutions for Web3. The partnership’s initial phase will concentrate on finalizing the prototype for a wearable, non-invasive BCI device that uses brain waves as a biological information verification login feature. Owen Tao, CEO of Matrix AI Network, said:

“We are proud to be pioneers in blending neuroscience with AI on the blockchain, as our innovative approach allows us to collect and analyze brainwave data in a way that was previously impossible.”

Matrix AI Network’s specialized brainwave acquisition device uses a 100-channel neural interface acquisition chip, the MKB chip, a 16/32-channel acquisition and regulation chip, and the NTH chip, specifically used to decode and regulate neural signals. This device outperforms the competition in terms of integration, anti-interference and wireless transmission performance due to its compact size, energy efficiency and wireless capabilities. Furthermore, the unique acquisition and regulation chip supports both time-sharing and channel-sharing modes, placing it at the forefront of global neuroscience technology.

Eric Choy, Head of Marketing Technology at MATRIX, highlighted the huge market potential of this partnership:

“According to PwC, the blockchain and AI industry is estimated to reach a market size of $3.1 trillion by 2030. In addition, Matrix AI Network is well positioned to capitalize on the rapidly growing neuroscience market, with an estimated market size of $34.8 billion dollars by 2025, according to MarketsandMarkets, and a digital human avatar market size of $527.58 billion by 2030, according to Emergen Research.

This partnership represents a powerful fusion of cutting-edge technology and unparalleled expertise. Matrix AI Network is committed to transforming the way we interact with technology and capitalizing on the enormous growth opportunities in the blockchain and AI industry.

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