NEWS
2024/10/08
alt.ai and Caster establish LUVO Inc. to create a highly productive society where people and AI coexist
alt Inc. (https://alt.ai/en/, head office: Minato-ku, Tokyo; CEO: Kazutaka Yonekura), established LUVO Inc., a joint venture (JV) with Caster Co. Ltd. (head office: Saito City, Miyazaki; CEO: Shota Nakagawa), on September 2, 2024.
LUVO combines the strengths of alt, which provides AI technologies including deep learning, generative AI, and large language models, and Caster, which brings a wealth of remote workers and provides BPaaS (Business Process as a Service), to create innovative services that draw out the potential of individuals and companies. The JV will help realize the coexistence of people and AI and contribute to improving productivity throughout society.
*For reference: press release announced on June 27, 2024: https://alt.ai/news_en/news_en-2736/
■Developing businesses that lead the social implementation of AI technology
Starting with the services below, LUVO will develop businesses that accelerate the introduction of AI technology.
1. AI employee dispatch service
LUVO will dispatch trained AI employees according to the needs of companies. Utilizing alt's P.A.I.®️ (Personal Artificial Intelligence) technology and the latest generative AI services, we streamline operations such as customer support and data analysis, improving corporate productivity. AI employees work 24 hours a day, 365 days a year, collaborating with human employees.
2. AI original character creation service
Using alt's P.A.I.®️ technology, we create original AI characters for companies and individuals. These characters can be used for a variety of communications, including in marketing, entertainment, education, and more. They can enhance the personality of your brand and deepen the emotional connection with users.
■Mission: "Work should be optional"
Some people truly love their work, while others would prefer not to work if given the option. Modern AI technology is quickly creating a society in which tasks previously performed by humans can be entrusted to AI.
From now on, "Work should be optional."
Maybe that's just the right feeling.
LUVO was founded by alt—which has been researching and developing P.A.I.®️ under the mission of “From Laboro to Opera”*1—and Caster, which has supported the back-office operations of a wide variety of companies, and will liberate people around the world from unproductive labor. The new JV will build a society where both people who like their work and those who don't can increase their productivity to levels never before imagined.
*1 The idea is to realize a world in which everyone can have their own AI, freeing them from labor (Lavoro) and allowing them to immerse themselves in artistic activity (Opera).
■Comment from CEO Masahiro Inumaki
“With the establishment of LUVO, we believe we can open up new possibilities for artificial intelligence.
By combining alt's P.A.I.®️ technology with the latest generative AI technology, we will pass on the wisdom and experience of our great predecessors to the future and create a new way of working where AI and humans work together. We will also enrich people's lives through emotive AI characters.
Through the power of AI, we aim to bring true innovation to society while meeting the needs of individuals and companies. LUVO is committed to creating a richer and more creative future society through the fusion of technology and humanity.”
■LUVO Company Profile
Company name: LUVO Inc.
Address: 6H Pointline Yutenji, 2-13-4 Yutenji, Meguro-ku, Tokyo
Representative: CEO Masahiro Inumaki
Established: September 2, 2024
Business: Product development and service operation utilizing generative AI
Capital: 50 million yen (as of September 2024)
Investment ratio: Caster 100%
■About alt Inc.
Founded in November 2014, alt is a startup that "aims to free people from unproductive labor" by creating P.A.I.®️ (Personal Artificial Intelligence) and AI clones. We also develop and provide various AI products that utilize our variety of foundational AI technologies, including generative AI, a proprietary LLM, and speech recognition technologies. As of April 2024, alt has raised over 10 billion yen.
<Media Inquiries to:>
Misako Nishizawa (Media Relations)
e-mail: press@alt.ai