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India’s Pocket FM doubles revenue run rate to $500M as AI powers 93% of audio content

CN
CitrixNews Staff
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India’s Pocket FM doubles revenue run rate to $500M as AI powers 93% of audio content

Pocket FM, an Indian audio storytelling platform, has doubled its annualized revenue run rate to $500 million over the past year as it increasingly turns to artificial intelligence to produce its content.

AI now powers 93% of Pocket FM’s overall catalog and is used to produce 99% of its new content, co-founder and CEO Rohan Nayak said in an interview.

Originally reported by TechCrunch. Read the full story at the original source.