Pinscreen, a privately owned US-based company founded in 2015, creates photorealistic virtual avatars using generative AI. Employing approximately 20 people, the company's revenue in 2023 was less than $10 million. Their primary product is this generative AI technology for avatar creation.
HTF MI released a market study on April 13, 2024, analyzing the global AI-powered digital humans market, covering product and industry scope, and market prognosis from 2025 to 2032. The digital avatar market's rapid growth and its use in gaming, healthcare, education, and customer service were noted. On an unspecified date, Pinscreen CEO Hao Li participated in 'The Exchange' to discuss the potential risks of TikTok for Americans. Separately, Li delivered a keynote presentation at the 2024 NAB Broadcast Engineering and IT (BEIT) Conference, April 13-16, in Las Vegas, focusing on generative AI and its impact on content creation.