Sound Group Upgrades AI-Powered App to Enrich Its Product Portfolio
March 11 2024 - 7:30AM
Sound Group Inc. (“Sound Group” or the “Company”) (NASDAQ: SOGP), a
global audio-centric social and entertainment company announced
today that it has upgraded one of its AI-powered applications and
launched a new version, incorporating voice technology and the
latest AI models.
Constantly engaged in in-depth research and
exploration of cutting-edge technologies such as AIGC, Sound Group
is committed to advancing technological productization, deeply
integrating AI and the Company’s proprietary technologies, as well
as expanding the scope where these technologies can be applied.
Leveraging the advantages of voice-based technology, Sound Group
further optimized its AI products and implemented voice input
functionality in the new version of its AI application. This was
achieved by employing Natural Language Processing (NLP), Automatic
Speech Recognition (ASR), Large Language Models (LLM) and other
related technologies, as well as integrating the GPT-4 model by
OpenAI. These efforts are aimed at enhancing product usability and
improving the user experience.
With years of accumulated experience in the
audio field, Sound Group has built a foundation of proprietary
technologies as the cornerstone for the Company’s business
development and will continue to strengthen core technological
capabilities and advance in-depth AI technology research. Focused
on the Company’s core business ecosystem, leveraging the advantages
of product innovation and operation systems, and guided by insights
into user needs, Sound Group is dedicated to building and
continuously enriching its diversified AI product matrix, thus
driving global business development.
About Sound Group Inc.
Sound Group Inc. is a global audio-centric
social and entertainment company driven by a clear mission and
vision: building the world’s largest audio platform to better
connect and communicate. The Company is dedicated to shaping a
future where audio not only bridges gaps but also amplifies human
connection through the power of sound. Sound Group Inc. has been
listed on Nasdaq since January 2020.
For more information, please visit:
https://ir.soundgroupinc.com/
Safe Harbor Statement
This press release contains forward-looking
statements. These statements are made under the “safe harbor”
provisions of the U.S. Private Securities Litigation Reform Act of
1995. Statements that are not historical facts, including
statements about the Company’s beliefs and expectations, are
forward-looking statements. Forward-looking statements involve
inherent risks and uncertainties, and a number of factors could
cause actual results to differ materially from those contained in
any forward-looking statement, including but not limited to the
following: the Company’s goals and strategies; the Company’s future
business development, results of operations and financial
condition; the expected growth of the online audio market; the
expectation regarding the rate at which to gain active users,
especially paying users; the Company’s ability to monetize the user
base; fluctuations in general economic and business conditions in
China and overseas markets; the impact of the COVID-19 to the
Company’s business operations and the economy in China and
elsewhere generally; any adverse changes in laws, regulations,
rules, policies or guidelines applicable to the Company; and
assumptions underlying or related to any of the foregoing. In some
cases, forward-looking statements can be identified by words or
phrases such as “may,” “will,” “expect,” “anticipate,” “target,”
“aim,” “estimate,” “intend,” “plan,” “believe,” “potential,”
“continue,” “is/are likely to” or other similar expressions.
Further information regarding these and other risks, uncertainties
or factors is included in the Company’s filings with the Securities
Exchange Commission. All information provided in this press release
is as of the date of this press release, and the Company does not
undertake any duty to update such information, except as required
under applicable law.
For investor and media inquiries, please
contact:
Sound Group Inc.IR DepartmentE-mail:
ir@soundgroupinc.com
Piacente Financial CommunicationsJenny
CaiE-mail: soundgroup@tpg-ir.com
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