Business
Amazon acquires Snackable AI to boost podcast offerings
San Francisco, May 6
Amazon has quietly acquired audio content discovery engine Snackable AI to strengthen its podcast features for an undisclosed sum, the media reported.
The Snackable AI team joined Amazon Music to work on existing podcast projects.
Mari Joller, Founder and CEO of Snackable, is now working as an artificial intelligence and machine learning product leader at Amazon, reports The New York Post.
Founded in 2018, Snackable AI specialised in using AI to add structure and metadata to video and audio easily with AI-generated chapters, highlights and more.
Snackable will be working on podcast features offered through Amazon Music.
Prior to its acquisition by Amazon, Snackable had raised a total of $3.1 million from investors.
The deal came as Amazon and other Big Tech firms push to implement AI-driven features in their products in the ChatGPT era.
Inspired by the ChatGPT success, Amazon is now building a large language model (LLM) to power Alexa that's much larger and much more "generalised and capable", which is going to rapidly accelerate the vision of offering the world's best personal assistant.
Amazon CEO Andy Jassy said that ChatGPT is a good example of an application that's being built.
"We'll build some of those applications ourselves. So for instance, we think one of the most compelling applications that are going to be built in generative AI have to do with making developers much more effective with coding assistance," he noted during the company's latest quarterly earnings call.
"I think there's a significant business model underneath it," he added.
"We've been investing in building our own large language models for several years, and we have a very large investment across the company," said Jassy.
11 hours ago
Air India cancels multiple flights as Ethiopian volcanic ash drifts into Indian airspace
11 hours ago
India and EU discuss shared security challenges, early conclusion of defence partnership
11 hours ago
Netanyahu's office working on new date for visit, says Israeli PM has 'full confidence' in India's security under PM Modi
17 hours ago
After Hindu protest, global online retailer Shein removed Lord Ganesh blanket & doormat
18 hours ago
As Deol family battles grief, here's how Karan Deol fulfils final responsibilities for grandfather Dharmendra
18 hours ago
Juhi Chawla revisits her childhood obsession with Dharmendra’s classic ‘Sholay’
18 hours ago
Manoj Bajpayee talks about Nagaland and how its people are connected with nature
18 hours ago
Riteish Deshmukh shares how son Riaan helps him appreciate life’s simple joys
18 hours ago
Kareena Kapoor wishes ‘darling bro’ Armaan Jain on b’day: Can’t wait to celebrate soon
18 hours ago
Vijay Sethupathi welcomed on board the unit of Vetrimaaran's 'Arasan'
18 hours ago
President Murmu tells young IRS officers to uphold integrity, fairness
18 hours ago
Gujarat to hold padyatra in honour of Sardar Vallabhbhai Patel
18 hours ago
When Dharmendra brought the horrors - and bravery - of the 1962 war to all Indians' homes
