Korean startup WayneHills Ventures’ STV (Speech to Video) is a 2022 CES Innovation Award-winning AI-based technology that converts text into video content.
The advancement in technology reaches a new high with each passing day. Companies worldwide work relentlessly to come up with something new and innovative in this field. The idea behind incorporating technology in everyday life stems from the need to eliminate the human requirement in as many places as possible. This product would allow people to have more time and do better for themselves. WayneHills Ventures is a Korean company that promises to deliver the above idea and bring you a world-class product. This article will look into the company and its offerings.
About WayneHills Ventures
Founded in the year 2019, WayneHills Ventures works exclusively on Artificial Intelligence. It is an IT Startup that works on creating digital content. It does not rely on the technology of any other company but uses its own. Parsing is the name of their technology, and it can convert text into a video. Its Founder, Lee Soo-min, comes from the media industry and holds the knowledge of executing new businesses. The need for this technology comes from the ideology that the human brain retains images better than text. Keeping this in mind, the founder wanted to utilize Artificial Intelligence to convert text to video.
This company started with Yes24, which is a publishing house. They also have tie-ups with brands like Samsung Electronics, Shinhan Group, and Hanwha Life insurance company. The organization’s primary model works on the business-to-business method. They want to target companies that would need them to make videos of their text for As the B2B model provides a steady flow of business, the company focuses on this first and then will launch it to the general public later. Their launch in North America did not kick off well. However, that does not dampen their spirits. An advancement of this product comes in the form of their speech to video technology.
WayneHills Ventures STV (Speech to Video)
Firstly, the user must log onto their WayneHills Ventures web page and upload an audio file with the content they want to create. The serves at the company end take in the audio file through its speech recognition software. This file then gets converted into text data. The next step uses WayneHills Ventures’s patent technology called Parsing. This technology allows the user to convert speech into a video. It utilizes Artificial Intelligence to create a machine translation of the text. The software then summarizes the converted text and undertakes sentimental analysis. Doing this allows the AI software to understand the tone and context of the audio. This data gets sent to the BGM factory, which produces the video by incorporating images for the text that.
The WayneHills Ventures STV process uses Artificial Intelligence-based algorithms and understands the flow of text. The company values its users and provides 80 % automated content. There are 20% scopes of improving and working on the video produced by the software. The user can add images, sounds, and video clips of their own to make it look like their work. The software also allows you to customize the video with more text and any last-minute changes. The result is a video representation of your audio, with images and sounds of your choice.
In The End!
The company foresees the demand for its product into many verticals. This AI-powered technology can come in handy everywhere, from converting large books to lectures. In the long run, it may even change the way students study, and education could become more pictographic. Explore this new technology on their website and get blown away with its precision.