Overview
- The company highlights growing adoption of its voice AI across restaurants, automakers, and tech clients after a breakout year in 2024.
- Shares have dropped roughly 40% year to date following an 835% surge last year, reflecting a divide over growth versus profitability.
- Restaurant deployments include White Castle and integrations with Toast, Square (Block), Olo, and Oracle to power voice ordering across phone, kiosks, and drive‑thru.
- New Q3 disclosures feature a deal with an unnamed Chinese partner to embed SoundHound Chat AI in tens of millions of smart devices, agreements with three top global financial firms, and a U.S. regional hospital implementing the Amelia platform.
- Customers named by the company include Snap, Mastercard, and Honda, while management cites deployments in millions of endpoints and accelerating enterprise interest.