Auddia Shares Nearly Triple After Securing Patent for AI Audio Technology

Dow Jones04-09

By Emon Reiser

Shares of Auddia were soaring after the audio artificial intelligence platform secured a patent for technology for its flagship Faidr app.

The stock nearly tripled to $4.09 during Monday trading. Despite the intraday gain, shares remain down 35% year to date.

Faidr combines subscription-based AM/FM radio stations, podcasts with interactive digital feeds and a chat interface for music. Auddia was awarded with U.S. Patent 11,935,520 for the AI technology it uses to deliver AM/FM radio stations to paid subscribers.

"Issuance of this patent validates our innovation and secures our AI for Audio technology as a proprietary platform we look forward to building upon to drive new innovations in support of additional industry first premium audio listening experiences," said Auddia Executive Chairman Jeff Thramann.

Write to Emon Reiser at emon.reiser@wsj.com

(END) Dow Jones Newswires

April 08, 2024 13:52 ET (17:52 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2426949034?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-04-09 01:52","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2426949034","market":"sg","top_or_hot":-1,"title":"Auddia Shares Nearly Triple After Securing Patent for AI Audio Technology","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Emon Reiser \n</p>\n<pre>\n \n</pre>\n<p>\n  Shares of Auddia were soaring after the audio artificial intelligence platform secured a patent for technology for its flagship Faidr app. \n</p>\n<p>\n  The stock nearly tripled to $4.09 during Monday trading. Despite the intraday gain, shares remain down 35% year to date. \n</p>\n<p>\n  Faidr combines subscription-based AM/FM radio stations, podcasts with interactive digital feeds and a chat interface for music. Auddia was awarded with U.S. Patent 11,935,520 for the AI technology it uses to deliver AM/FM radio stations to paid subscribers. \n</p>\n<p>\n  \"Issuance of this patent validates our innovation and secures our AI for Audio technology as a proprietary platform we look forward to building upon to drive new innovations in support of additional industry first premium audio listening experiences,\" said Auddia Executive Chairman Jeff Thramann. \n</p>\n<pre>\n \n</pre>\n<p>\n  Write to Emon Reiser at emon.reiser@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  April 08, 2024 13:52 ET (17:52 GMT)\n</p>\n<p>\n  Copyright (c) 2024 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Auddia Shares Nearly Triple After Securing Patent for AI Audio Technology</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAuddia Shares Nearly Triple After Securing Patent for AI Audio Technology\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-04-09 01:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://dowjonesnews.com/newdjn/logon.aspx?AL=N><strong>Dow Jones</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>By Emon Reiser \n\n\n \n\n\n  Shares of Auddia were soaring after the audio artificial intelligence platform secured a patent for technology for its flagship Faidr app. \n\n\n  The stock nearly tripled to $...</p>\n\n<a href=\"https://dowjonesnews.com/newdjn/logon.aspx?AL=N\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AUUD","symbol_name":"Auddia Inc.","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2426949034","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2426949034","pubTimestamp":1712598720,"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of Auddia were soaring after the audio artificial intelligence platform secured a patent for technology for its flagship Faidr app.The stock nearly tripled to $4.09 during Monday trading. Despite the intraday gain, shares remain down 35% year to date.Faidr combines subscription-based AM/FM radio stations, podcasts with interactive digital feeds and a chat interface for music. Auddia was awarded with U.S. Patent 11,935,520 for the AI technology it uses to deliver AM/FM radio stations to paid subscribers.\"Issuance of this patent validates our innovation and secures our AI for Audio technology as a proprietary platform we look forward to building upon to drive new innovations in support of additional industry first premium audio listening experiences,\" said Auddia Executive Chairman Jeff Thramann.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AUUD":"Auddia Inc.","BK4023":"应用软件"},"translate_title":"Auddia获得人工智能音频技术专利后股价上涨近三倍","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AUUD":1},"content_text":"By Emon Reiser \n\n\n \n\n\n  Shares of Auddia were soaring after the audio artificial intelligence platform secured a patent for technology for its flagship Faidr app. \n\n\n  The stock nearly tripled to $4.09 during Monday trading. Despite the intraday gain, shares remain down 35% year to date. \n\n\n  Faidr combines subscription-based AM/FM radio stations, podcasts with interactive digital feeds and a chat interface for music. Auddia was awarded with U.S. Patent 11,935,520 for the AI technology it uses to deliver AM/FM radio stations to paid subscribers. \n\n\n  \"Issuance of this patent validates our innovation and secures our AI for Audio technology as a proprietary platform we look forward to building upon to drive new innovations in support of additional industry first premium audio listening experiences,\" said Auddia Executive Chairman Jeff Thramann. \n\n\n \n\n\n  Write to Emon Reiser at emon.reiser@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  April 08, 2024 13:52 ET (17:52 GMT)\n\n\n  Copyright (c) 2024 Dow Jones & Company, Inc.","kind":null,"is_publish_news":null,"is_publish_highlight":null,"is_publish_live":null,"is_publish_wemedia":null,"editions":null,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.22.4","shortVersion":"4.22.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2426949034"}