PLAYSTUDIOS Automates Earnings Calls with The World's First Entirely AI-Generated Financial Results Presentation
May 09 2023 - 6:15PM
Business Wire
The Company Embraces the Technology by
Utilizing Advanced Generative AI to Construct the Script, and Voice
Cloning to Deliver the Executive Remarks
PLAYSTUDIOS, Inc. (NASDAQ: MYPS), the creator of the playAWARDS
loyalty platform and an award-winning developer and publisher of
free-to-play mobile and social games that offer real-world rewards
to players, today announced strong financial results for the
quarter ending March 31, 2023, via a first-ever entirely
AI-generated earnings presentation, leveraging advanced generative
AI to construct the script and voice cloning for the executive
remarks.
"We're excited about the possibilities that AI technology
presents for PLAYSTUDIOS," said Andrew Pascal, founder and CEO of
PLAYSTUDIOS. "We're committed to implementing AI in a way that will
enhance our operations and drive growth across the business. We
believe that this technology has the potential to deliver benefits
to our customers, employees, and stakeholders."
While still early in the process, PLAYSTUDIOS is encouraged by
the potential of AI and its ability to deliver new insights and
efficiencies to the business. The company's approach to AI is
focused on enriching its content and driving growth, rather than
reducing headcount or labor expenses. The company is dedicated to
ensuring that the implementation of AI technology aligns with its
values and long-term goals.
PLAYSTUDIOS has already been leveraging AI technology in
numerous ways. Specific initiatives include:
- Creative ideation, particularly around concept art and
production
- Production of assets in the company’s own style and
template
- Ad generation for user acquisition encompassing image, voice,
and video
- Game content creation, including slot content and live events
production
Additionally, PLAYSTUDIOS has engaged the entire company in the
exploration of AI, hosting orientations that overview the
technologies, tools, and potential applications. These orientations
were a precursor to a company-wide hackathon this month, that calls
for teams across its nine studios to self-organize and explore how
AI can positively impact their productivity and
job-performance.
“What better way to demonstrate to our teams our commitment to
AI, than to leverage it in my role,” Pascal added.
PLAYSTUDIOS’ free-to-play games, including Tetris®, Solitaire,
Spider Solitaire, Sudoku, and its casino-style games such as Pop!
Slots, myVEGAS Slots, myVEGAS Blackjack, myKONAMI Slots, myVEGAS
Bingo, and MGM Slots Live, are available to download on iOS,
Android, and Facebook.
About PLAYSTUDIOS, Inc.
PLAYSTUDIOS (Nasdaq: MYPS) creator of the groundbreaking playAWARDS
loyalty platform is a publisher and developer of award-winning
mobile games, including the iconic Tetris® mobile app, Solitaire,
Spider Solitaire, Sudoku, and its casino-style games such as Pop!
Slots, myVEGAS Slots, myVEGAS Blackjack, my KONAMI Slots, myVEGAS
Bingo, and MGM Slots Live. The playAWARDS loyalty platform enables
players to earn real-world rewards from a global collection of
iconic hospitality, entertainment, and leisure brands. playAWARDS
partners include MGM Resorts International, Wolfgang Puck,
Norwegian Cruise Line, Resorts World, IHG, Bowlero, Gray Line
Tours, and Hippodrome Casino among others. Founded by a team of
veteran gaming, hospitality, and technology entrepreneurs,
PLAYSTUDIOS apps combine the best elements of popular casual games
with compelling real-world benefits. To learn more about
PLAYSTUDIOS, visit playstudios.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230509006199/en/
Media Contact BerlinRosen media@playstudios.com
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