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Kinetix uses no-code AI to create 3D animations, secures $11M

Kinetix uses no-code AI to create 3D animations, secures $11M

Excerpt from venturebeat.com

Kinetix, a Paris-based AI-assisted 3D animation platform, today announced it has secured $11 million in a funding round. Kinetix, which was founded in 2020, has built a no-code platform that allows Web3 and content creators to transform any video into 3D animated avatars. Millions of creators around the world may now access 3D creation using the company’s free AI-powered platform, according to the company’s press release.

No-code AI is a category in the AI landscape that tries to make AI more accessible to everyone. When it comes to AI and machine learning models, no-code AI refers to the use of a no-code development platform with a visual, code-free and frequently drag-and-drop interface. No-code AI enables the creation of AI models without the need for specially trained individuals. Since there is currently a scarcity of data science talent in the market, organizations can benefit from this greatly.

An article published in Forbes estimates 83% of organizations consider AI to be a strategic priority for them right now. A surge in demand for AI talent encapsulates this notion. LinkedIn research from 2020 found that the demand for the post of AI in the United States increased by 74% in the previous four years. Forbes also claims AI will create 58 million jobs in 2022.

 

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