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SOUNDHOUND AI INC - SOUN STOCK NEWS

Welcome to our dedicated page for SOUNDHOUND AI news (Ticker: SOUN), a resource for investors and traders seeking the latest updates and insights on SOUNDHOUND AI stock.

SoundHound AI, Inc. (Symbol: SOUN) is a leading innovator in the field of conversational intelligence. The company specializes in providing an independent Voice AI platform that empowers businesses across various industries to deliver high-quality conversational experiences to their customers.

The core business of SoundHound AI revolves around its advanced voice recognition technology, which is designed to understand and respond to natural human speech. This technology is used in a range of applications, from customer service and virtual assistants to in-car navigation systems and smart home devices.

Recently, SoundHound AI has achieved several significant milestones. These include the expansion of its platform to support multiple languages and the forging of new partnerships with major companies in the automotive, telecommunications, and consumer electronics sectors. These collaborations enable SoundHound AI to integrate its Voice AI solutions into various products and services, enhancing user experience and operational efficiency.

Current projects at SoundHound AI focus on further improving the accuracy and responsiveness of its voice recognition technology. The company is also exploring new use cases for its platform, such as in healthcare and finance, where conversational AI can streamline processes and improve customer interactions.

The financial condition of SoundHound AI is robust, with steady revenue growth driven by the increasing adoption of its technology. The company continues to invest in research and development to maintain its competitive edge and innovate new solutions that meet the evolving needs of businesses and consumers.

Overall, SoundHound AI is at the forefront of the Voice AI revolution, providing powerful tools that enable businesses to create engaging and efficient conversational experiences.

News

SoundHound AI Appoints PwC as Auditor

Rhea-AI Summary
SoundHound AI appoints PwC as independent auditor, effective Sep 13, 2023. PwC to review Q3 2023 and audit full-year financial statements. Refer to 8-K filings for details.
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-5.33%
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management AI
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SoundHound AI To Participate in Investor Events in September

Rhea-AI Summary
SoundHound AI, Inc. (Nasdaq: SOUN) to participate in investor events in September.
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SoundHound Joins Forces With ChowNow To Ensure Restaurants Never Miss A Call

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SoundHound joins forces with ChowNow to enable restaurants to answer and respond to every inbound customer call using AI-driven Smart Answering service via voice or SMS. The service seamlessly uploads and assimilates company website information to give tailored responses to customer queries. Smart Answering also helps increase order volume and revenue during peak times. SoundHound for Restaurants ordering and answering technology uses best-in-class voice AI and is available across multiple channels.
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2.48%
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SoundHound Collaborates with Togg to Deliver Voice AI Experience to New Smart Vehicles

Rhea-AI Summary
SoundHound AI has announced that its advanced AI technology, including a custom-branded voice assistant, is now live in a new line of smart vehicles from Turkish mobility provider, Togg. The voice assistant is capable of tracking and understanding speech in real-time and can perform various tasks such as playing music, locking doors, and accessing information.
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-8.37%
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SoundHound AI Launches Fully Automated Smart Answering Service That Lets Any Business Handle Customer Service Calls With Voice AI

Rhea-AI Summary
SoundHound AI announces Smart Answering service, allowing businesses to set up fully-automated, AI-driven call answering service within minutes. The service uses SoundHound's advanced voice technology and Generative AI to answer customer calls instantly and accurately. It can handle multiple calls at once, is available 24/7, and provides SMS responses in addition to verbal answers. Smart Answering helps businesses optimize human labor and cater to consumer preferences for automated customer service.
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-8.25%
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SoundHound AI Reports Second Quarter Revenue Increase of 42%, Adjusted EBITDA Improves 50%, Strong Increase in Cash Position, Investment in Generative AI Foundation Model

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SoundHound AI reports Q2 2023 revenue increase of 42%, adjusted EBITDA improves 50%, strong increase in cash position
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3.52%
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SoundHound and White Castle Commit to Expand Successful Drive-Thru AI Partnership

Rhea-AI Summary
White Castle plans to expand its partnership with SoundHound to roll out voice AI drive-thru service to over 100 lanes by the end of 2024. SoundHound's technology is based on complete end-to-end AI and offers fast, accurate, and scalable service across locations and channels.
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SoundHound AI Announces Date of 2023 Second Quarter Financial Results, Files S-3 Shelf Registration, Reports Strong Cash Position of Approximately $130 Million

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Bracket Capital Raises Third Flagship Fund Focused on Growth and Special Situations Investments in Technology-Enabled Businesses

Rhea-AI Summary
Bracket Capital has successfully closed its third flagship funds, totaling $150 million. They also raised an additional $300 million in co-investment and evergreen funds. The funds will be used to invest in growth and later-stage, technology-enabled companies primarily through secondary market purchases and special-situation primary investment rounds. Fund III has already made investments in Stripe, ThatGameCompany, Clutter, and Soundhound. Bracket Capital has a track record of investing in successful pre-IPO technology companies and providing capital and liquidity solutions to businesses and early employees. They have invested in over 50 companies, resulting in 23 exits and over $300 million in realized proceeds in the last three years alone.
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SoundHound AI Joins Russell 2000® and Russell 3000® Indexes

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10.66%
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FAQ

What is the current stock price of SOUNDHOUND AI (SOUN)?

The current stock price of SOUNDHOUND AI (SOUN) is $9.21 as of February 27, 2025.

What is the market cap of SOUNDHOUND AI (SOUN)?

The market cap of SOUNDHOUND AI (SOUN) is approximately 3.8B.

What is SoundHound AI, Inc.?

SoundHound AI, Inc. is a company specializing in conversational intelligence, offering an independent Voice AI platform for businesses.

What does SoundHound AI's technology do?

SoundHound AI's technology provides advanced voice recognition that understands and responds to natural human speech, used in various applications.

In which industries does SoundHound AI operate?

SoundHound AI operates across multiple industries including automotive, telecommunications, consumer electronics, healthcare, and finance.

What are some recent achievements of SoundHound AI?

Recent achievements include expanding its platform to support multiple languages and forming partnerships with major companies in various sectors.

What are the current projects of SoundHound AI?

Current projects aim to improve voice recognition accuracy and explore new use cases in healthcare and finance for conversational AI.

How is SoundHound AI's financial condition?

The financial condition of SoundHound AI is strong, with steady revenue growth and continuous investment in research and development.

What makes SoundHound AI unique compared to its competitors?

SoundHound AI offers an independent Voice AI platform with advanced conversational intelligence, enabling businesses to deliver superior customer experiences.

Who are SoundHound AI's partners?

SoundHound AI has partnerships with major companies in the automotive, telecommunications, and consumer electronics industries.

How does SoundHound AI benefit businesses?

SoundHound AI helps businesses enhance customer interactions, improve operational efficiency, and create engaging conversational experiences.

Where can I find the latest news about SoundHound AI?

You can find the latest news and updates about SoundHound AI on financial news websites and the company's official website.
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SOUNDHOUND AI INC

Nasdaq:SOUN

SOUN Rankings

N/A Ranked by Market Cap
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#35 Top Gainer

SOUN Stock Data

3.76B
386.22M
1.98%
30.2%
27.25%
Software - Application
Services-prepackaged Software
Link
United States
CLAYMONT