Proprietary AI and NLP Technology Used for Audio Stream Processing and Content Detection Being Ported to the Cloud

Cloud Infrastructure Brings Scale Required to Attract and Enable SaaS  Partnerships With Largest Audio Broadcasting and Publishing Companies, Enabling More Rapid Distribution of Auddia’s Technology 

BOULDER, CO, April 30, 2024 (GLOBE NEWSWIRE) -- via NewMediaWire – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) ("Auddia" or the "Company"), developer of a proprietary AI platform for audio and innovative technologies for podcasts that is reinventing how consumers engage with audio, today announced the launch of a strategic product expansion offering aimed at bringing their core, proprietary technologies to the cloud to enable massive scale processing of audio streams and audio content identification.

“With our core AI patent issued and other patents pending, we believe now is the time to extend our proprietary capabilities to the cloud where new audio content distribution opportunities are expected to be available,” said Michael Lawless, CEO of Auddia. “Today, we deploy our technologies to the smartphones of individual consumers which creates an enormous, high-value network of processors and results in the delivery of a completely differentiated audio experience for every person who uses our flagship mobile app, faidr.  Pursuing the use of cloud infrastructure for audio stream processing with our technology is expected to open new markets, create new partnerships including SaaS opportunities with broadcasters, and result in rapid distribution of our products and services.”

The new initiative leverages Auddia’s vast experience with AI and NLP which is today used to process audio, primarily to identify the type of content being played.  Once content is identified by type, such as music, advertising or talk, Auddia can deliver a highly differentiated listening experience for consumers by including or excluding specific types of content and mixing preferred content into the user’s listening experience.

“Auddia has had positive, long-term relationships with radio broadcasting companies, podcasting companies and key parties in the music industry,” said Jeff Thramann, Executive Chairman of Auddia. “We believe that our ability to extend our technology into the cloud will allow us to deliver new products and services to these audio industry groups.  We see tremendous opportunity here with the potential for larger scale deployments that can include the introduction of new economics and SaaS offerings, all done in partnership with key industries.”