Peer International Inc. has raised $10.5 million in a brand new funding spherical, rising its whole funding to $65.5 million.
The funding, led by The Household Workplace of Tommy Mai, shall be directed towards increasing Peer’s growth staff, enhancing its synthetic intelligence capabilities, and refining its metaverse platform.
The corporate has launched 3D private planets, which permit customers to create and customise digital areas for social interplay. This initiative is meant to supply customers with a extra interactive digital surroundings, shifting past conventional static content material.
Supply: PeerWhat’s Peer?
Peer is a expertise platform that integrates AI to create interactive digital environments.
In contrast to typical social media, which primarily depends on passive content material consumption, Peer emphasizes real-time consumer engagement. Founder Tony Tran has described the platform as a “social interface the place AI operates at full potential” and is designed to supply an alternative choice to current social networks.
Peer’s metaverse engine supplies instruments for builders to construct AI-generated digital environments. The AI framework automates points of content material creation, decreasing the complexity of growth and making it extra accessible to a broader vary of customers.
The platform can also be structured to assist interoperability to make sure that digital areas inside the Peer system are interconnected.
Supply: PeerWhat’s subsequent for Peer?
Peer has outlined a number of monetization methods, together with:
Digital Property Gross sales – Customers should purchase and personalize digital areas.Paid Experiences – Sure experiences and options could require fee.Subscription Tiers – Customers could entry extra options by way of tiered plans.AI-Pushed Promoting – Digital commercials personalized for particular person customers.
Peer is getting ready for an Early Entry launch, which is able to present customers, builders, and companies a possibility to check its AI-powered digital areas.
