Sound Group Embraces Generative AI to Unveil New AI-Powered Applications
21 February 2024 - 10:30PM
Sound Group Inc. (“Sound Group” or the “Company”) (NASDAQ: SOGP), a
global audio-centric social and entertainment company, announced
today that it has launched new AI-powered applications for the
international market. The Company expects to further develop and
enrich its suite of AI products by actively integrating AIGC
technologies.
Constantly engaged in in-depth research and
exploration of cutting-edge technologies such as AIGC, Sound Group
leverages its strengths and expertise in product development and
operations to optimize its AI technologies. The Company has
achieved numerous breakthroughs across various technological niches
including Automatic Speech Recognition (ASR), Text-to-Speech (TTS),
AI voice, and Large Language Models (LLM) – establishing a solid
technical foundation for sustainable business development.
By integrating the Company’s core technologies
with AI, Sound Group is steadfast in its pursuit of developing a
diverse range of AI-powered applications through continuous product
innovation and advancement, catering to a wider spectrum of user
needs and demands. Sound Group recently rolled out various
different AI-powered applications for the international market that
enhance user productivity and foster creativity, focusing on smart
keyboards, intelligent audio recording, AI audio processing, and
more.
Looking ahead, Sound Group will continue
advancing its research and exploration of AI technology. Centering
around its core business ecosystem and leveraging its proprietary
technologies, the Company aims to continue upgrading its existing
AI products as well as incubate more applications and features that
deeply integrate AI capabilities. Sound Group strives to build a
varied AI product matrix to drive the Company’s global business
development and unlock further commercialization potential.
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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