A method of processing an audio signal includes: obtaining an audio signal; transmitting the obtained audio signal to an external electronic device; receiving, from the external electronic device, second information for adjusting a third artificial intelligence model configured to process an audio signal in real time; inputting the received second information and the obtained audio signal to the third artificial intelligence model to adjust the third artificial intelligence model; inputting the obtained audio signal to the adjusted third artificial intelligence model to obtain a processed audio signal; and reproducing the processed audio signal.