Unith Accelerates Talking Head development as profits rise in first half of FY23
- Artificial Intelligence (AI) specialist Unith (UNT) narrowed its focus on conversational technology for the six-month period ending December 31, 2022
- During the half-year, Crowd Media rebranded to Uni th, prioritising the advancement of its Talking Head towards commercialisation
- While half-yearly revenue dipped 21 per cent to $2.25 million, Uni th’s net profit after tax increased by 149 per cent to $137,000
- The company is now focused on integrating ChatGPT into the Talking Head tech, remaining “well-funded” following a $4.5 million share placement in February
- Shares in UNT are up 7.89 per cent, trading at 4.1 cents at 2:18 pm AEDT
