AUUD Spike 200% on Announcement of Issuance of Core AI Patent

Apr 8

In a dramatic turn of events, Auddia Inc. (NASDAQ: AUUD) experienced a meteoric surge of 200% following the groundbreaking announcement of the issuance of its core AI patent by the U.S. Patent and Trademark Office (USPTO). The patent, numbered 11,935,520, underscores Auddia's pivotal role in revolutionizing the audio industry with its proprietary AI platform, marking a significant milestone in the company's journey towards redefining how consumers engage with audio content.

The patented technology, integral to Auddia's flagship faidr app, enables the delivery of ad-free AM/FM radio stations to paid subscribers, thereby enhancing the overall listening experience. Jeff Thramann, Executive Chairman of Auddia, expressed his excitement about the issuance of the patent, emphasizing its validation of Auddia's innovative approach and its potential to drive further advancements in premium audio listening experiences.

Beyond the issuance of Patent 11,935,520, Auddia is poised to leverage its AI expertise in new and exciting ways. The company's recent conversion of a provisional patent application, filed last year, signals its commitment to advancing the technology landscape. This non-provisional application introduces significant improvements to large language model (LLM) prompts, harnessing the power of AI to optimize prompts and enhance domain-specific knowledge.

Michael Lawless, CEO of Auddia, highlighted the company's relentless pursuit of innovation in response to the evolving technology landscape. With a focus on creating unique capabilities and experiences for creators and consumers within the audio space, Auddia remains at the forefront of audio innovation.

The issuance of the core AI patent not only solidifies Auddia's position as a trailblazer in the audio industry but also underscores its commitment to pushing the boundaries of what's possible in audio technology. As Auddia (AUUD) continues to innovate and invent, investors eagerly anticipate the company's future endeavors and the transformative impact they will have on the audio landscape.