Auddia Inc (NASDAQ:AUUD), an AI audio company, saw its shares skyrocket on Thursday after the U.S. Patent and Trademark Office said it will allow LT350's 14th patent, expanding its AI infrastructure intellectual property portfolio.
Patent Expansion
The new patent strengthens LT350's canopy-based architecture, enabling high-density AI compute deployment in unused parking lot airspace.
The portfolio now includes 16 issued and pending patents supporting the platform's distributed AI infrastructure model.
These patents cover canopy structures, modular GPU and battery cartridges, cooling systems, power-aware operations, and distributed connectivity.
LT350 addresses key AI infrastructure constraints, including land, power, cooling, and community compatibility, while supporting battery storage and solar-enabled grid operations.
Scale And Strategy
The company said its REIT partner controls 4 million square feet of parking lot space for deployment. LT350's design could support up to 2,000 canopies and 960,000 GPUs across that footprint.
The platform is applicable across healthcare, universities, retail, logistics, and public infrastructure sectors.
LT350 is one of three businesses proposed to be combined with Auddia as part of a planned transaction with Thramann Holdings.
CEO Jeff Thramann said, "Our IP portfolio is the foundation of LT350's competitive advantage," adding it "solves the biggest constraints in AI infrastructure — land, power, cooling, and community compatibility."
Short Interest Rises
Short interest in Auddia rose from 164.40K to 191.03K shares in the latest reporting period, representing 38.23% of its publicly available float.
Based on an average daily trading volume of 214.11K shares, it would take approximately one day for short sellers to cover their positions.
Due to such high short-interest, the stock is experiencing a short-squeeze.
AUUD Technical Analysis: Momentum Vs Long-Term Trend
Auddia is trading in a volatile range and remains down 85.04% over the past 12 months.
The relative strength index (RSI) is 38.00, indicating neutral conditions with no clear overbought or oversold signal. This suggests the stock could move either higher or lower depending on market conditions.
The MACD is above the signal line, signaling a potential shift toward positive momentum.
- Key Resistance: $8.00 — This level may act as a barrier for upward movement.
- Key Support: $6.50 — A critical level where buying interest may emerge.
Auddia is a U.S.-based company that operates a proprietary AI platform for audio. It aims to reshape how consumers engage with AM/FM radio, podcasts, and other audio content.
The company's Discovr Radio platform guarantees artists' exposure to radio listeners, helping expand their reach in mainstream media.
AUUD Price Action: Auddia shares were up 57.36% at $6.09 at the time of publication on Thursday, according to Benzinga Pro data.
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