Matrix AI Network, an innovator in the decentralized AI economy, has announced a groundbreaking strategic partnership with NeuraMatrix, a leading Chinese neuroscience company focused on brain-computer interface (BCI) technology. This collaboration seeks to revolutionize the Web3 and metaverse realms by leveraging the unique combination of Matrix AI Network’s AI-driven blockchain and NeuraMatrix’s cutting-edge BCI technology.
Founded in 2017 by a talented group of young professionals in Hong Kong and Mainland China, Matrix AI Network (MAN) has been at the forefront of AI and blockchain advancements. An AI team has been led by the esteemed Steve Deng of Tsing Hua University for machine learning and LLM. With its in-house ChatGPT equivalent, Morpheus, receiving rave reviews after a recent community test in mid-May, MAN is now accelerating into its 3.0 plan, which aims to integrate neuroscience with AI and blockchain for avatar intelligence (AvI) following a five-year developmental journey.
NeuraMatrix, established in 2019, has been a driving force in the development of next-generation interfaces, with a focus on integrated circuits (chips) and biomaterials. Its highly accomplished founders possess an impressive record in neurology and biomedicine, and its research teams are making significant strides in establishing a wireless data exchange channel between the brain and the computer. NeuraMatrix’s pioneering approach to BCI technology has cemented its position as a market leader, with numerous research articles published in prestigious academic journals.
This strategic alliance between Matrix AI Network and NeuraMatrix brings together the unique expertise of both companies to develop groundbreaking solutions for Web3. The partnership’s initial phase will concentrate on finalizing the prototype for a wearable, noninvasive BCI device that utilizes brainwaves as a biological information verification login function. Owen Tao, CEO of Matrix AI Network, said: “We are proud to be pioneers in blending neuroscience with AI on blockchain, as our innovative approach allows us to collect and analyze brainwave data in a way that was previously impossible.”
Matrix AI Network’s specialized brainwave collection device employs a 100-channel collection chip for neural interfaces, the MKB chip, a 16/32-channel collection and regulation chip, and the NTH chip, specifically used for decoding and regulating neural signals. This device outperforms competitors in terms of integration, anti-interference and wireless transmission performance due to its compact size, energy efficiency and wireless capabilities. Furthermore, the unique collection and regulation chip supports both time-sharing and channel-sharing modes, placing it at the forefront of global neuroscience technology.
Eric Choy, chief marketing technology officer of MATRIX, highlighted the immense market potential of this partnership: “According to PwC, the blockchain and AI industries are projected to reach a market size of $3.1 trillion by 2030. Additionally, Matrix AI Network is well-positioned to capitalize on the rapidly growing neuroscience market, with a projected market size of $34.8 billion by 2025, as per MarketsandMarkets, and a digital human avatar market size of $527.58 billion in 2030, according to Emergen Research.”
This partnership represents a powerful fusion of cutting-edge technology and unparalleled expertise. Matrix AI Network is committed to transforming the way we interact with technology and capitalizing on the immense growth opportunities within the blockchain and AI industries.