SoundCloud Buys Musiio to Build a New-Generation Discovery Engine

SoundCloud has just announced a massive acquisition, as the company is getting ready to bet big on machine learning and artificial intelligence in the long term.

More specifically, SoundCloud will take over Musiio, a company that builds new-gen tools for the music industry, including B2B audio reference search.

And this is precisely what SoundCloud is interested in, as the company says it wants to upgrade its discovery engine with new-gen capabilities.

SoundCloud explains the benefits of integrating Musiio into its service:

“Musiio’s technology focuses on B2B audio reference search (AI that can “listen” to music), automated tagging, and playlisting tools for the music industry. By “listening” to more tracks than a human could ever comprehend and identifying characteristics and patterns, its AI allows users to better predict success, which in turn, can increa… (read more)

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