LiveOne (NASDAQ: LVO) to Launch AI Search and Discovery Engine Powered by Seekr, Running on Intel Developer Cloud
LiveOne (NASDAQ: LVO) has announced a partnership with Seekr, utilizing the Intel Developer Cloud to launch an AI-powered search platform for beats and sounds. This platform, aiming to be available by year's end, is designed to aid music creation and licensing, offering new revenue opportunities for creators in a multi-billion-dollar market. LiveOne also introduced a new subscription service for beats and sounds, gaining 100+ subscribers monthly at $19.99 each. This collaboration aligns with LiveOne's commitment to innovation and support for artists, leveraging Seekr’s AI technology to enhance their extensive content catalog.
- Partnership with Seekr leveraging Intel Developer Cloud.
- Launch of AI-powered search platform for beats and sounds.
- 100+ new subscribers monthly for the beats and sounds subscription service at $19.99 each.
- Potential new revenue streams for artists and creators in a multi-billion-dollar market.
- None.
Insights
This announcement signifies a significant technological leap for LiveOne, as the integration of an AI-powered search and discovery engine highlights the ongoing shift towards using AI to enhance creative processes. The collaboration with Seekr and the utilization of the Intel Developer Cloud underscores the firm's commitment to leveraging cutting-edge technology. This move could streamline music creation and licensing, offering creators a powerful tool to efficiently find and use beats and sounds.
AI technology can vastly improve the accuracy and speed of search engines, enabling artists to quickly locate specific sounds or musical elements. This efficiency can lead to more innovative and diverse music production. Furthermore, the scalability offered by Intel's cloud infrastructure ensures that this service can handle a large user base without compromising performance.
From a technological standpoint, this partnership and product offering can set a new standard in the digital music space, potentially attracting a significant user base interested in advanced, tech-driven solutions.
The introduction of a subscription-based AI search engine for beats and sounds at
This service could become a vital resource for independent artists and smaller production studios that lack the extensive resources of major music labels. By providing access to a vast library of sounds and the ability to efficiently search through it, LiveOne is positioned to meet an underserved need in the industry.
The successful adoption of this technology could bolster LiveOne's market position and expand its user base, translating into long-term financial growth and stability.
- AI-powered search engine for beats & sounds
- Unlocking new revenue streams for artists, and creators in a multi-billion-dollar market
- LiveOne Adds New Subscription for Beats and Sounds Adding 100+Subscribers/Month at
LOS ANGELES, July 02, 2024 (GLOBE NEWSWIRE) -- LiveOne (NASDAQ: LVO), a creator-first music, entertainment, and technology platform, announces a groundbreaking partnership with Seekr operating on the Intel Developer Cloud to build the industry's first AI-powered search platform for beats and sounds.
The platform will be available for creators by the end of the year to aid in music creation and licensing with innovative technology. The offering will unlock limitless potential for artists and creators, solidifying LiveOne's commitment to innovation and artist support. Thanks to Seekr’s multi-year collaboration with Intel, LiveOne's search and discovery platform will run on the Intel Developer Cloud.
“The Seekr platform's AI search engine, combined with our extensive collection of beats and sounds, creates a limitless potential for artists and creators to align and create music and recurring revenue streams,” said Robert Ellin, LiveOne CEO.
“We are thrilled to work with LiveOne on this exciting venture. Their content catalog and knowledge in this market is unmatched and through the application of our generative AI, we’re collaborating on a novel offering for creators seeking to build innovative and efficient music solutions,” said Pat Condo, Founder & CEO, Seekr.
About LiveOne, Inc.
LiveOne, Inc. is an award-winning, creator first, music, entertainment, and technology platform delivering premium experiences and content worldwide. With subsidiaries like Slacker Radio and PodcastOne, LiveOne has garnered accolades for its innovative approach, including the Best Live Moment award by Digiday for the "Social Gloves" PPV Event.
About Seekr Technologies
Seekr is a privately held artificial intelligence company that identifies, rates, and generates reliable content at scale. Seekr's trusted and responsible AI platform comprehensively and uniformly evaluates each piece of content individually against objective, transparent, and explainable standards. Seekr is committed to building a web that people can trust.
Forward-Looking Statements
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For media inquiries, please contact:
LiveOne IR Contact :
Liviakis Financial Communications, Inc.
(415) 389-4670
john@liviakis.com
LiveOne Press Contact :
LiveOne
press@liveone.com
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