How One Company Is Using A.I. to Make Custom Emojis
From Apple's Animojis to Bitmoji, the emoji world is beginning to merge technology with self-expression. Mirror A.I.'s Serge Faguet joins Cheddar to discuss his company's keyboard, which uses facial recognition to make custom emoji. He explains the research and development that went into creating the app's software.
The co-founder and CEO also gives his take on the emoji industry's landscape. He says his company has a leg up on Bitmoji, thanks to its facial-recognition software and the ability to make likenesses of friends, in addition to oneself. He says this makes the app inherently more social, which gives it an advantage over competitors.
Finally, we discuss what the future of emoji may hold in store. Faguet says his company is exploring entering the VR and personalized advertising spaces. We also discuss how celebrities are using custom emoji keyboards to market their brands.
Ellen Fitzsimmons-Craft, assistant professor of psychiatry at Washington University School of Medicine, joins Cheddar News to discuss how chatbots can help prevent eating disorders and the research that uncovered these findings.
Markets closed the day mixed, and well off their lows of the day following a market meltdown earlier in the session. The Nasdaq staged a comeback late in the day, even amid ongoing worries about the Federal Reserve raising interest rates. Doug Flynn, certified financial planner and co-founder of Flynn Zito Capito, joined Cheddar News' Closing Bell to discuss the markets' close and what's driving the major indexes.
Two companies recently announced a new partnership aimed at addressing the growing demand to borrow against crypto - digital assets capital markets firm CrossTower is partnering with commercial bank, BankProv. The companies are launching a crypto lending platform that will allow Bitcoin miners to receive loans to invest in crypto mining equipment. The companies say the program also addresses the difficulty of breaking into crypto mining due to the high cost. CrossTower research analyst Martin Gaspar joins Cheddar News' Closing Bell to discuss.