< a ALT = "19" id = "sign" > < / a > Soundcloud has just announced its acquisition of musiio and demonstrated its determination to carry out long-term and in-depth research in the fields of machine learning (ML) and artificial intelligence (AI)** As an enterprise building a new generation of tools for the music industry, musiio is well known for its B2B audio reference search and other products. Soundcloud attaches particular importance to the company's technical expertise, so it is happy to bring all musiio employees under its command.
Although the terms of the transaction have not been disclosed, but Soundcloud Has expressed its desire to bring new iterations to its discovery engine and explained the benefits of integrating musiio into its own services:
Musiio focuses on B2B audio reference search, providing AI that can 'listen' to music and automatically mark, as well as playlist tools.
Musiio's AI algorithm can find relevant tracks more efficiently by distinguishing feature patterns that are far better than human beings can understand and recognize. With this advantage, musiio has been widely recognized in the industry and its revenue is considerable.
Soundcloud is committed to deeper integration with it, providing strong support for the core discovery experience on the platform, so as to better maintain its competitive advantage.
As a start-up, musiio was founded in June 2018. Thanks to its unique technical advantages, it was soon favored by one of the giants in the audio industry.
After the transaction is completed, all employees of musiio will join Soundcloud, and hazel savage, the UK CEO, and Aron Pettersson, the Swedish CTO, will remain in the team.
Eliah Seton, President of Soundcloud, commented:
We have audio works from a wide range of creators and are far ahead of our global competitors. The acquisition of musiio reflects the acceleration of the company's strategy.
Soundcloud wants to better understand the proprietary transmission of music, which is crucial to our success.
Finally, we are honored to cooperate with hazel and Aron, and warmly welcome the musiio team with excellent innovation ability to join the Soundcloud family.
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