SoundHound AI Inc

SoundHound AI, Inc. engages in the development, owning, and commercialization of voice, sound, and natural language artificial intelligence technologies and related activities. The conversational intelligence company was founded in 2005 and is headquartered in Santa Clara, CA.

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SoundHound reports robust Q4 earnings, eyes AI innovation for growth

SoundHound's strong financial performance in Q4 2022 and focus on conversational AI innovation position the company for continued growth in 2023.
While challenges exist in achieving profitability and monetizing new AI products, opportunities from new technologies and partnerships drive optimism.

SoundHound AI Inc reports robust Q1 growth and strategic partnerships

SoundHound AI Inc's Q1 performance reflects strong revenue growth, strategic partnerships, and operational improvements despite an operating loss.
The company's innovative technology, focus on customer service, and market opportunities position it for growth and competitive advantage.
While facing challenges in cost management and market competition, SoundHound remains optimistic about the AI sector's potential and its growth prospects.

SoundHound AI reports strong Q2 growth, eyes enterprise expansion

SoundHound AI Inc showcased robust performance in Q2 2023 with significant revenue growth and operational improvements, despite facing profitability challenges.
The company's strategic strengths lie in attracting key investors, introducing innovative AI solutions, and expanding partnerships for market expansion.
To capitalize on opportunities, SoundHound must address profitability concerns, focus on sustainable revenue streams, and leverage partnerships for continued growth.

SoundHound AI Inc reports record Q3 revenue growth and diversification

SoundHound AI Inc (SOUN) delivered strong financial results in Q3 2023, with revenue growth, improved margins, and positive EBITDA outlook for Q4.
The company's strategic focus on Pillar 1 and 2 products, successful partnerships, and efficient SMB servicing position it for continued success and growth.
While facing challenges like customer concentration and external factors, SoundHound has opportunities to diversify, innovate, and expand its market presence.

SoundHound AI Inc reports record Q4 revenue and eyes restaurant AI market for growth

SoundHound AI Inc's Q4 performance reflects robust revenue growth, margin improvement, and strategic advancements in AI product offerings and customer service solutions. The SYNQ3 acquisition enhances the company's position in the restaurant AI sector, offering substantial growth opportunities and synergies. Challenges lie in managing deployment pace and maintaining profitability amidst ambitious margin targets.

SoundHound reports robust Q3 earnings, eyes profitability and sector expansion

SoundHound's Q3 performance reflects strong revenue growth and expansion into new markets, underpinned by strategic partnerships and technological innovation.
While facing financial challenges with an EBITDA loss, the company aims to achieve profitability by 2025 and capitalize on growth prospects in diverse sectors.
By actively considering M&A opportunities and collaborations with industry leaders, SoundHound positions itself for continued growth and competitiveness in the dynamic AI market.

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SoundHound AI, Inc. engages in the development, owning, and commercialization of voice, sound, and natural language artificial intelligence technologies and related activities. The company was founded on September 2, 2005 and is headquartered in Santa Clara, CA.

UiPath

SoundHound AI has a significant backlog of long-term contracts worth $682 million, providing a clear path to future revenue streams. The global RPA market is expected to grow from $3 billion in 2023 to $31 billion by 2030, giving industry leader UiPath a huge opportunity.

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SoundHound AI more than quadrupled at one point this year, but holding the upticks has been challenging. Revenue has been strong, with its two latest quarters being its strongest in more than a year.

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While everybody and his uncle obsesses over Nvidia (NASDAQ: NVDA ), there's another artificial intelligence (AI) investment that's still under the radar. Many stock traders haven't heard of SoundHound AI (NASDAQ: SOUN ) but it could become a household name someday.

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SoundHound and Nvidia have teamed up to create a new product. The speech recognition specialist is a top choice in the restaurant industry.

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SoundHound is an emerging voice AI company. The company is executing on three main growth opportunities.

Where Will SoundHound AI Be in 1 Year?

SoundHound AI has a robust backlog of long-term contracts worth nearly $700 million. The company's innovative voice AI technology is gaining traction in the market.

SoundHound AI Is the Most Undervalued Artificial Intelligence (AI) Stock to Buy Now

SoundHound's stock is still up by over 80% this year, even after giving back some of its recent gains. After enjoying a huge surge in popularity in early 2024, the stock's trading volumes have fallen sharply.

Down 60% From Its 52-Week High, Is SoundHound AI a Buy Right Now?

SoundHound could be a huge winner in audio and voice-recognition services.

Important News for SoundHound AI Stock Investors

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced that all existing shares of series A preferred stock will automatically convert to class A common stock. In January 2023, the company raised preferred equity financing from a diverse set of financial and strategic investors. According to the terms of the series A preferred, SoundHound had the right to have all investors automatically convert their shares af.

SoundHound AI Completes Conversion of Preferred Equity into Class A Common Stock

SoundHound is an AI-powered voice technology business with bright prospects. The company already has an impressive list of global customers.

Is SoundHound AI Stock a Buy?

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SoundHound (SOUN) acquires Allset to transform voice-enabled food ordering across cars, TVs and devices, advancing AI-driven dining experiences.

SoundHound (SOUN) Aids Restaurant Portfolio With Acquisitions

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SoundHound AI overpromised and underdelivered. But it's still growing as it gains new customers and signs new partnerships.

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Nvidia owns 1.7 million shares of SoundHound AI, a move that has impressed investors. The relationship adds to an already impressive list of partners working with SoundHound.

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SoundHound AI, Inc. (SOUN) concluded the recent trading session at $4.05, signifying a -0.98% move from its prior day's close.

SoundHound AI, Inc. (SOUN) Declines More Than Market: Some Information for Investors

AI voice company SoundHound acquires Allset to expand its reach to more restaurants and build a voice-powered ordering platform.

SoundHound buys Allset to bring AI voice ordering to more drive-throughs

SANTA CLARA, Calif., & LOS ANGELES--(BUSINESS WIRE)---- $SOUN #acquisition--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced the acquisition of key assets from Allset, an online ordering platform that connects restaurants and local customers. As part of the acquisition, Allset's team will be joining SoundHound, further strengthening the company's capabilities and commitment to innovation. The closing of the acquisition will bring additional restaurant relationships.

News for SoundHound AI Inc Stock (SOUN)