'Chat Talking Tom' closed beta ends, using generative AI to create art

IT House reported on May 22 that Jinke Tom Cat Company’s “Talking Tom Cat” had previously used ChatGPT technology to create a new “Talking Tom Cat”. From the perspective of technological innovation and product upgrades , this is a positive attempt. However, the product functionality was lacking, and it was only available on the Android platform. It started closed beta testing in March.

Jinke Tom Cat Company said that the product is a "test functional prototype" and the technology is not yet fully mature. After the closed beta is completed, they will continue optimization. Yesterday (May 21) Jinke Tom Cat Company stated on the investor interactive platform that the company’s overseas art team has used AIGC-related technology Stable Diffusion in some art creations for art creation. In addition, the closed test of "Chatting Tom Cat" It's over.

Investors are very concerned about the internal beta progress and preliminary evaluation results of "Talking Tom Cat". IT Home obtained from the Hong Kong Stock Exchange that Jinke Tom Cat Company reported revenue of 341 million yuan in the first quarter, a year-on-year decrease of 26.48%; R&D expenses were 29.83 million yuan, a year-on-year increase of 37.29%, due to the promotion of AI interactive terminal products and "Tom Cat". Research and development of new IP games such as "Cat in Paradise".

Previously, Tom Cat Company also announced that it would raise funds through a non-public issuance of shares to further meet the company's business development needs.

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