MP3 stands for MPEG-1 Audio Layer 3. It's a popular audio compression format that reduces file sizes without significantly compromising audio quality.
This format is widely used for storing and distributing music, podcasts, and audiobooks.
MP3 files are smaller than uncompressed audio files, making them easier to download, stream, and store.
The MP3 format was developed by the Moving Picture Experts Group (MPEG), a group of experts who standardize audio and video compression technologies.