Aitype is an AI-based typing assistant that was established in 2009 and has received $500k in funding. It has over 3,700 registered users and its premium version will be released in Q1 2011 along with an Android version. The technology uses sophisticated AI algorithms to constantly improve itself and provide features like text prediction, translation, correction and contextual suggestions to help users type faster and more accurately on both computers and mobile devices. It has received positive press coverage and aims to release cellphone apps and partner with carriers to expand its user base.