Patent utility stakes a declare for Auddia to develop proprietary new AI engines that optimize Actual Time GPT conversations and responses.
Patent utility additionally covers the creation of recent proprietary GPTs with area particular experience in any trade to incorporate music, i.e., a MusicGPT.
With submitting of this new IP, Auddia provides to its current AI platform that powers faidr and extends each the Firm’s differentiation and AI lead in audio.
First implementation might be within the launch of ChatMusic which goals to be the primary music participant with the unbelievable capabilities of a chat interface.
BOULDER, CO , Feb. 28, 2023 (GLOBE NEWSWIRE) — by way of NewMediaWire – Auddia Inc. (NASDAQ:AUUD) (NASDAQ:AUUDW) (“Auddia” or the “Firm”), a developer of proprietary AI platforms that reinvent how shoppers interact with audio, introduced right now that it has filed a broad and foundational patent utility aimed toward enhancing the shortcomings being uncovered in current GPTs equivalent to Azure OpenAI’s ChatGPT and Google’s Bard. The patent utility introduces two vital enhancements. First, the patent covers the event of recent machine studying algorithms that use the wealthy information inherent in chat conversations to learn to optimize GPT prompts to extra effectively extract one of the best outcomes from giant language mannequin GPTs. Second, the patent covers capturing the AI generated immediate enhancements and the enriched outputs of the massive language mannequin GPTs to create new GPTs with trade particular area experience.
“The easiest way to consider how our new patent utility impacts the area is to consider the present giant language mannequin GPTs, equivalent to ChatGPT and Bard, as extremely educated individuals who know fairly a bit about all the pieces however will not be actually specialists in something,” mentioned Jeff Thramann , Govt Chairman of Auddia . “When these folks want experience in a particular space, they have a tendency to seek the advice of specialists. What our IP does is create the specialists.”
Though Auddia’s patent pending course of is relevant to each area, i.e., healthcare, schooling, regulation, and so forth., the Firm is focusing its use of the know-how in supporting the Firm’s mission of reinventing how shoppers interact with audio. This might be executed by introducing ChatMusic into the Firm’s audio superapp, faidr, because the Firm’s differentiated music participant. At the moment, faidr leverages the Firm’s current AI to supply a extremely differentiated premium, commercial-free AM/FM listening expertise along with providing unique content material by faidrRadio. Podcasting might be added to faidr this quarter with differentiation and margin in podcasting being launched by Vodacast innovation within the again half of 2023. The addition of ChatMusic will proceed the Firm’s technique of main the audio superapp area with differentiation and margin.
“Our curiosity in ChatGPT began after we requested the platform to construct a 5-hour playlist of Elton John songs to see what would occur. Extremely, it gave us a strong playlist. We then requested it to rearrange the songs to keep away from jarring transitions, ChatGPT responded however maybe not optimally. We then probed whether or not it may mimic the famed Pandora algorithm that creates playlists of comparable artists. Inside seconds we had been taking a look at that playlist, but it surely nonetheless had limitations,” mentioned Theo Romeo , CMO of Auddia . “Instantly, your complete crew realized {that a} chat interface to music had the potential to be a sport changer for a way shoppers work together with digital units to generate playlists, regulate them on the fly, combine them collectively, create new songs at the side of different generative AI’s, collect trivia about artists, and so forth. As we realized the brand new person experiences for music had been basically limitless and nothing in need of wonderful, we additionally realized these sport altering capabilities had been immediately relevant to all of the audio content material within the faidr superapp. With the addition of ChatMusic to faidr, we could have the one audio superapp we’re conscious of that has entry to shopper information throughout AM/FM, unique content material, podcasting, and a music participant. Combining this information with the capabilities inherent in our new patent filings uniquely positions faidr to be the last word audio content material curation platform for shoppers. The imaginative and prescient and alternative right here is extremely thrilling.”
Though the chat expertise was considerably thoughts blowing to the Auddia crew initially, the crew rapidly realized there’s an artwork to optimizing chat conversations to extract one of the best outcomes from GPTs. The crew additionally realized that merely utilizing a generalized synthetic intelligence platform, equivalent to ChatGPT, just isn’t the proper answer to optimize a chat interface for a music participant or another specialised use case. Armed with this information, the Auddia crew architected a patent pending platform that trains an AI to optimize chat prompts to realize optimum GPT outputs, whereas concurrently utilizing the chat conversations and GPT outputs as coaching information to create proprietary GPTs in any area, to incorporate a MusicGPT that has area particular data in music.
“Though ChatGPT is an extremely fascinating know-how, it has limitations and isn’t optimized to music or another area. A living proof is that ChatGPT has no entry to actual time data. The present model has nothing past 2021,” mentioned Peter Shoebridge , CTO. “That is the place Auddia’s IP comes into play. Our patents are aimed toward optimizing chat conversations and using the inputs and outputs of a GPT in actual time to coach our personal proprietary GPTs with area experience in music, podcasting, AM/FM, and all different audio content material that’s continually being up to date by the knowledge embedded within the well timed and related person conversations which are at all times occurring.”
The ability of the Firm’s patent purposes is within the community results inherent within the course of. Each person interplay generates a dialog between a GPT and the person that may be captured and used to coach and replace a proprietary GPT with particular area experience.
“Just like how Microsoft is investing $10 billion into OpenAI to make use of ChatGPT in an try and leapfrog Google in search, Auddia plans on leveraging ChatGPT, Google’s Bard, and different GPTs at the side of our newly filed IP in an try and leapfrog Spotify and different legacy music gamers,” mentioned Jeff Thramann . “I see the foundational IP we’ve got filed as an extremely vital catalyst and differentiator for Auddia.”
Michael Lawless , CEO, added, “It’s already well-known that ChatGPT, Bard, and Microsoft’s integration of ChatGPT into Bing are leading to some odd and unproductive conversations. That is to be anticipated from any interplay between people and AI. The key sauce to repair these points is in coaching extra machine studying algorithms to optimize chat conversations to extract one of the best outcomes from the GPT fashions. This optimization course of is a crucial a part of what our patent purposes cowl, and we’re first making use of this course of to optimizing conversations associated to music, by way of ChatMusic and MusicGPT, and our plan is to use our proprietary know-how to all audio content material throughout our faidr superapp platform.”
“Information is all the pieces in AI,” added Pablo Calderon , VP of Engineering. “As customers work together with a chat interface, we are able to seize the extremely wealthy information inherent in conversational speech and correlate that to GPT outputs. This loop consisting of conversational inputs, GPT outputs, and conversational suggestions is a stream of wealthy, unending information from customers that we are going to harness to coach not solely a proprietary area particular MusicGPT, however a number of particular person audio content material turbines particular to every customers’ preferences throughout all audio content material on the faidr superapp.”
“To get a really feel for a way fascinating the ChatMusic interface may be, go to ChatGPT and ask it some music trivia or to construct a music playlist. You possibly can then have a dialog to discover the responses additional and take the playlist in any route you need. The expertise is kind of intriguing, however it’s not but optimized,” mentioned Theo Romeo .
Auddia might be going dwell with an internet site for ChatMusic in March and can announce its launch in a comply with up press launch.
About Auddia Inc.
Auddia , by its proprietary AI platforms for audio is reinventing how shoppers interact with AM/FM radio, podcasts, music, and different audio content material. Auddia’s flagship audio superapp, referred to as faidr, brings three trade firsts to the audio-streaming panorama: subscription-based, ad-free listening on any AM/FM radio station; podcasts with interactive digital feeds that help deeper tales and create new income streams for podcasters; and a proprietary chat interface for music. faidr additionally delivers unique content material and playlists, and showcases thrilling new artists, hand-picked by curators and DJs. All differentiated choices handle giant and quickly rising audiences.
For extra data go to: www.auddia.com
Ahead-Wanting Statements
This press launch comprises forward-looking statements throughout the which means of the Personal Securities Litigation Reform Act of 1995, Part 27A of the Securities Act of 1933 and Part 21E of the Securities Alternate Act of 1934 in regards to the Firm’s present expectations about future outcomes, efficiency, prospects and alternatives. Statements that aren’t historic details, equivalent to “anticipates,” “believes” and “expects” or comparable expressions, are forward-looking statements. These forward-looking statements are based mostly on the present plans and expectations of administration and are topic to various uncertainties and dangers that might considerably have an effect on the Firm’s present plans and expectations, in addition to future outcomes of operations and monetary situation. These and different dangers and uncertainties are mentioned extra absolutely in our filings with the Securities and Alternate Fee . Readers are inspired to assessment the part titled “Danger Elements” within the Firm’s Annual Report on Kind 10-Ok for the yr ended December 31, 2021 , in addition to different disclosures contained within the Annual Report and subsequent filings made with the Securities and Alternate Fee . Ahead-looking statements contained on this announcement are made as of this date and the Firm undertakes no obligation to publicly replace or revise any forward-looking statements, whether or not on account of new data, future occasions or in any other case.
Investor Relations:
Kirin Smith , President
PCG Advisory, Inc.
ksmith@pcgadvisory.com
www.pcgadvisory.com
Auddia Inc.
Supply: