Overview
- SoundHound AI shares have fallen about 34% over the past year.
- An early 2024 pop tied to disclosures of an Nvidia stake faded after Nvidia later exited its position.
- The company provides artificial intelligence–powered voice recognition for real-world applications.
- Near-term efforts center on restaurant drive-thrus, customer service digital agents, and hands-free automotive assistants.
- Company materials say its Dynamic Drive-Thru completes orders 10% faster and could add $35.56 in hourly revenue, and Stellantis uses its assistant in DS models in Europe.