SOUN Stock Recent News

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AutoTech--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today released findings from a new study, commissioned by the company, revealing that consumers are eager to embrace in-car voice commerce. The findings point to an untapped opportunity for automakers to unlock new monetization and revenue streams, deepen customer loyalty, and enhance the in-car experience – with the technology projected to be worth $35 billion annually 1.

The artificial intelligence (AI) sector has been evolving rapidly so far this year and is likely to continue influencing the stock market next year as well, so we had ChatGPT identify 2 AI stocks with the potential to turn a $100 investment into $1,000 by 2026.

Recently, Zacks.com users have been paying close attention to SoundHound AI (SOUN). This makes it worthwhile to examine what the stock has in store.

As SoundHound AI (SOUN -1.24%) has developed voice-recognition technology driven by artificial intelligence (AI) that has attracted high-profile clients, more investors have taken an interest in the company. Between that technology and rapid revenue growth, it may look like a stock poised to drive outsize returns.

INOD and SOUN are riding the AI wave with surging sales, but their risk-reward profiles tell two very different stories.

When spotting a shift in any stock's sentiment, the gauge investors lean on for their ideas usually considers only one side of the equation. That side is who is buying the stock, as far as any big investors or other institutional buyers.

Time moves quickly in the tech sector. Just three years ago, OpenAI 's ChatGPT hit the scene, transforming the way people interact with information and spawning a brand new sector called generative artificial intelligence (AI).

SoundHound AI is a leading independent voice-AI platform, benefiting from the growing ubiquity of voice interfaces across industries and a massive addressable market. Automotive partnerships drive a $1.2 billion backlog, providing strong revenue visibility, while restaurant and IoT upsell opportunities support further growth. Financials show hyper-growth, improving margins, and a solid cash position, with management targeting positive adjusted EBITDA by late 2024 or 2025.

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AIagents--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced its partnership with Allina Health and deployment of “Alli,” an AI agent for patient engagement, powered by its Amelia conversational AI platform. Alli answers calls within Allina Health's Customer Experience Center and integrates directly with Allina Health's electronic medical record system, allowing it to instantly identify and authenticate callers. The.

It has been just over four years since SoundHound AI (SOUN -1.35%) made its stock market debut, and the voice artificial intelligence (AI) company's returns have been disappointing thus far, as it has gained just 28% during this period, as compared to the 45% gains clocked by the tech-heavy Nasdaq Composite.