Intuition Robotics has announced a successful fundraising effort, bringing in $25 million to bolster its elderly care platform powered by artificial intelligence.

Best known for its AI care companion, ElliQ, the company focuses on combating loneliness and promoting a vibrant, independent lifestyle for seniors. It leverages advanced AI technologies, like generative AI and large language models, to provide engaging companionship and mental stimulation. Intuition Robotics Dor Skuler, the CEO and co-founder of Intuition Robotics, shared with Metaverse Post that their objective is to ensure ElliQ reaches more homes, enhancing the quality of life for more seniors. Plans include expanding partnerships with governmental bodies and organizations focused on aging, as well as collaborating further within the healthcare sector. This recent funding will enable them to tap into their substantial growth potential and bolster their market presence.

Addressing Senior Loneliness Through Generative AI

The issue of loneliness among the elderly is becoming increasingly recognized within the U.S. healthcare framework due to its significant health implications, comparable to smoking fifteen cigarettes a day.

Innovative solutions are being developed to address rising loneliness rates and to encourage social interaction on a broader scale.

Intuition Robotics believes that its AI-powered solution, ElliQ, is a game changer. By focusing on engagement and overall well-being, ElliQ endeavors to tackle loneliness by offering companionship along with physical and cognitive activities while enabling connections with family and friends.

Skuler emphasized that the key opportunity lies in enhancing the social well-being of seniors, empowering them to engage in a more active lifestyle, which ultimately supports their health and overall quality of life. ElliQ facilitates daily health check-ins, prompts cognitive and physical engagement, reminds users to take medications, and allows easy communication with loved ones through an intuitive interface.

Intuition Robotics mentions that their product has shown remarkable engagement levels, averaging over thirty interactions per day. Interestingly, it has contributed to a 95% reduction in feelings of loneliness among users in New York. U.S. Surgeon General Through the use of generative AI technologies, including transformers and large language models, Intuition Robotics is fostering rich conversational experiences with ElliQ. Legislative initiatives The company's representatives underline that the large language models expand the device's imaginative capabilities and understanding of context, leading to more nuanced user conversations. Skuler highlighted how ElliQ can tailor recipes based on what users have on hand and initiate discussions about hobbies and personal interests.

“We’ve harnessed the latest breakthroughs in generative AI to create a seamless and ongoing conversational experience with ElliQ. Our ‘painting with ElliQ’ functionality leverages Dall-E technology to transform what users describe into stunning visuals,” Skuler told Metaverse Post. “Additionally, we have organized an art exhibition featuring these user-created artworks. With user consent, we showcase these creations to other ElliQ users.”

Skuler firmly believes in the potential of AI to enhance the quality of life for older adults. He emphasizes its ability to mitigate loneliness while promoting health and wellness.

The recently obtained funding will be pivotal in extending ElliQ’s outreach, enhancing accessibility, deepening collaborations, and exploring its integration within the larger healthcare ecosystem.

“We are convinced that supporting seniors’ health in their own homes can significantly lower healthcare expenses,” Skuler added. “By connecting ElliQ to healthcare providers, users can readily share their health status, discomforts, vital signs, and more. This encourages proactive care and preventative measures by providing insights into living situations.”

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Victor serves as the Managing Technology Editor/Writer at Metaverse Post, focusing on topics such as artificial intelligence, cryptocurrency, data science, the metaverse, and cybersecurity in an enterprise context. With five years of experience in media and AI, he has contributed to esteemed media outlets like VentureBeat and Analytics India Magazine. As a mentoring figure at distinguished institutions like Oxford and USC and holding a Master’s degree in data science and analytics, Victor is devoted to keeping up with emerging technological trends.

He provides readers with insightful updates and narratives from the evolving Tech and Web3 sectors.

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