Creat a New Mode of "AI + Live Streaming", Baijiayun Presents at GET2024 Education Technology Conference

Rhea-AI Summary

Baijiayun Group (NASDAQ: RTC), a one-stop AI video solution provider, showcased at the GET2024 Education Technology Conference in Beijing on November 11, 2024. The company presented its new 'AI + Live Streaming' mode and flagship product 'Duanxunbao', which combines classroom teaching, SCRM, and online school management. The platform now features AIGC technology integration, offering AI digital humans, intelligent assistants, learning companions, and an AIGV video production platform. Baijiayun has maintained a top position in the 'Ranking of Vocational Education Video Cloud Enterprises' and focuses on empowering vocational education through digital technology.

Positive

• Maintained top-tier position in Vocational Education Video Cloud Enterprises ranking
• Successfully integrated AI and ChatGPT technologies into existing products
• Launched comprehensive 'Duanxunbao' platform combining multiple educational tools

Negative

• None.

Insights

Market Research Analyst

The presentation at GET2024 represents a routine marketing event without immediate financial impact. While Baijiayun's AI integration into educational streaming services shows technological progress, the announcement lacks concrete metrics, revenue projections, or significant business developments. The "Duanxunbao" product and AI features mentioned are existing offerings rather than new launches or major updates. Market positioning in the vocational education video cloud sector is noteworthy but without quantifiable market share data or growth metrics. For a company with a relatively small market cap of $166.5M, investors should focus more on upcoming financial results and concrete business metrics rather than conference appearances.

BEIJING, Nov. 12, 2024 /PRNewswire/ -- Baijiayun Group Ltd ("Baijiayun" or the "Company") (NASDAQ: RTC), a one-stop AI video solution provider, recently presented at GET2024 Education Technology Conference.

November 11, 2024, the GET2024 Education Technology Conference, hosted by "Jiemodui", a well-known domestic vertical media in the education industry, grandly opened at the Beijing International Convention Center. With the theme of "New Qualitative Learning – Towards a Better Education Future", focusing on the latest developments in education technology, and exploring the future trends and opportunities of education technology.

Baijiayun, as a leading one-stop AI video solution provider, was invited to participate in this conference with a dedicated booth and discuss the application of audio and video technology in vocational education with global education and training institutions.

Since its inception, Baijiayun has continuously focused in the field of education, cooperated with domestic educational institutions on multiple occations, accompanied by countless practitioners, witnessed the development and changes of educational technology, and has been the top tier of the "Ranking of Vocational Education Video Cloud Enterprises" for consecutive years. As the wave of artificial intelligence swept the world, Baijiayun promptly integrated cutting-edge technologies such as AI and ChatGPT to create a new mode of "AI + Live Streaming", empowering multiple scenarios such as vocational education and opening up new paths for development with digital technology.

For the most popular demands for knowledge payment and live streaming and on demand broadcasting, Baijiayun closely combines live classroom teaching, SCRM, and online school management and supervision to create a flagship product "Duanxunbao". This product helps knowledge monetizers manage online course offering and marketing conversion in one stop. Under the wave of AIGC technology, Baijiayun's live streaming and on-demand broadcasting products promptly integrated AIGC technology and can now provide a mature AIGV video production platform, exclusive customization of AI digital humans, AI intelligent assistants, AI intelligent outlines, and AI learning companion functions. It also supports scenarios such as SCRM private domain marketing, CRM customer management, and video encryption, allowing a deep integration of cutting-edge AI technologies and education scenarios, and exploration of the deep potential of AI + education.

About Baijiayun Group Ltd 

Baijiayun is a one-stop AI video solution provider with core expertise in SaaS/PaaS solutions. Baijiayun is committed to delivering reliable, high-quality video experiences across devices and localities and has grown rapidly since its inception in 2017. Premised on its industry-leading video-centric technologies, Baijiayun offers a wealth of video-centric technology solutions, including Video SaaS/PaaS, Video Cloud and Software, and Video AI and System Solutions. Baijiayun caters to the evolving communications and collaboration needs of enterprises of all sizes and industries. For more information, please visit ir.baijiayun.com.

Safe Harbor Statement

This press release contains certain "forward-looking statements." These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the parties' perspectives and expectations, are forward-looking statements. The words "will," "expect," "believe," "estimate," "intend," and "plan" and similar expressions indicate forward-looking statements.

Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management's current expectations and include known and unknown risks, uncertainties, and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. The forward-looking information provided herein represents the Company's estimates as of the date of this press release, and subsequent events and developments may cause the Company's estimates to change.

The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company's estimates of its future financial performance as of any date subsequent to the date of this press release.

A further list and description of risks and uncertainties can be found in the documents the Company has filed or furnished or may file or furnish with the U.S. Securities and Exchange Commission, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

For investor and media enquiries, please contact:

Company Contact:
Ms. Fangfei Liu 
Chief Financial Officer, Baijiayun Group Ltd
Phone: +86 25 8222 1596
Email: ir@baijiayun.com

View original content:https://www.prnewswire.com/news-releases/creat-a-new-mode-of-ai--live-streaming-baijiayun-presents-at-get2024-education-technology-conference-302302340.html

SOURCE Baijiayun Group Ltd

FAQ

What new technology did Baijiayun (RTC) showcase at GET2024?

Baijiayun showcased its new 'AI + Live Streaming' mode, which integrates AIGC technology, AI digital humans, intelligent assistants, and AI learning companion functions.

What is Baijiayun's (RTC) main product for educational streaming?

Baijiayun's main product is 'Duanxunbao', which combines live classroom teaching, SCRM, and online school management for knowledge monetization and marketing conversion.

When did Baijiayun (RTC) present at the GET2024 Education Technology Conference?

Baijiayun presented at the GET2024 Education Technology Conference on November 11, 2024, at the Beijing International Convention Center.