Brainsoft (CEO Kim Dong-jin), which makes a speciality of artificial intelligence (AI), announced on the twenty sixth that it has began developing a semiconductor for low-power hearing aids based on voice recognition AI.
Brainsoft, which was chosen for the ‘Next Generation Intelligent Semiconductor Technology Development’ by the Ministry of Trade, Industry and Energy, announced that it has began developing chips for next-generation products that can overcome the shortcomings of current hearing aids through joint research with Ganaan Hearing Aid, Mtek Vision, and Hallym University Industry-University Cooperation Foundation. The research period is 33 months, and the quantity of support is KRW 2.22 billion.
Brainsoft explained that the worldwide hearing aid market is predicted to grow to $17.68 billion in 2029 as a consequence of the aging population, but foreign products account for many of the domestic market, which is currently value greater than 500 billion won. As well as, he said that the present hearing aid is difficult to make use of in an area where many persons are talking or where there’s noise, and he said he was developing it to compensate for this.
As an answer, Brainsoft, which makes a speciality of voice processing solutions, has proposed a technique to emphasise frontal sound (voice within the direction you’re looking) and take away noise. To understand this, patent registration technology and deep learning technology for voice processing based on the operating principle of the human auditory system are utilized.
As well as, he announced that he plans to develop hearing aids in the shape of wireless earphones and earrings to enhance sound quality, and likewise plans to develop hearing aids in the shape of glasses that provide subtitles using voice recognition technology for individuals with severe hearing loss.
CEO Kim Dong-jin said, “We’ve already received letters of intent to buy from domestic hearing aid dealers.”
At CES 2023 held in Las Vegas, USA earlier this yr, Brainsoft received favorable reviews for introducing ‘Brain Note’, which accurately identifies speakers and converts them into text, even when two or more persons are speaking at the identical time. Brainnote might be downloaded from the mobile Play Store.
Meanwhile, Brainsoft is currently within the strategy of attracting pre-A investment.
Reporter Lim Dae-jun ydj@aitimes.com