The stock possesses a lot of potential, but there's plenty of risk with this investment as well. After what looked like a lull in trading and decreased interest in the stock, shares of SoundHound AI (SOUN -2.42%) appear to be taking off again. The company's potential in the voice artificial intelligence (AI) market drove a lot of bullishness in the stock earlier in the year, but that proved to be a short-lived rally. But now, investors are excited once more about the stock, given some fairly exciting develo ...

SoundHound AI (SOUN -9.19%) has been popular with those looking for pure-play artificial intelligence (AI) investments. Because many of the most innovative AI companies are either private businesses or inside a division of a big tech company, pure-play investments are few and far between. SoundHound's latest partnership could be a sign of things to come The company has partnered with the automaker Stellantis to integrate ChatGPT into its vehicles' digital assistants. This would make the assistant far more p ...

There's a great deal to like about Soundhound AI (NASDAQ:SOUN) stock at this point. Its exposure to the AI megatrend, alliance with Nvidia (NASDAQ:NVDA) and strong, overall growth are all in its favor. Soundhound AI Stock's Many Positive Attributes The fact many companies seek to save money by implementing AI-powered tools likely helped Soundhound successfully convince many to adopt its offerings. That is a huge factor behind Soundhound's impressive growth. Last quarter, the firm's top line surged 73% versu ...

SoundHound AI, Inc. (SOUN) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term. While media releases or rumors about a substantial change in a company's business prospects usually make its stock 'trending' and lead to an immediate price change, there are always some fundamental facts that eventually dominate the buy-and-hold decision-making. Rather than focusing on anything else, we at Zac ...

SoundHound noted that in March, Stellantis-owned French luxury carmaker DS Automobiles became the first international automotive company to go into full production with the technology. Chief Operating Officer (COO) Michael Zagorsek explained that the collaboration with Stellantis "has put both companies right at the cutting edge of innovation in the automotive sector." Key Takeaways SoundHound AI's voice artificial intelligence (AI) technology is being added to more Stellantis-owned vehicle brands in Europe ...

Further expanding its footprint in the automotive sector, SoundHound collaborated with NVIDIA (NVDA) . SoundHound AI (SOUN) is expanding its footprint in the automotive industry by introducing its advanced SoundHound Chat AI voice assistant, integrated with ChatGPT, into Peugeot, Opel and Vauxhall vehicles across 11 European markets — including Austria, France, Germany, Italy, Spain and the U.K. The Zacks Rank #3 (Hold) company's robust portfolio and strong partner base are expected to boost its top-line gr ...

You probably know why SoundHound AI's stock soared in the first half, but have you thought about what's next? Here's what you need to know. Shares of SoundHound AI (SOUN 15.38%) rose 86.3% in the first half of 2024, according to data from S&P Global Market Intelligence. The stock soared to a stellar 320% gain by the middle of March, inspired by a modest Nvidia investment in the voice control expert's stock. The early excitement has faded, but SoundHound AI's shares still benefit from the Nvidia connection. ...

SoundHound AI is benefiting from the growing demand for its conversational AI platform, owing to the increasing popularity of generative AI and large language models. SoundHound AI is part of the Zacks Computers - IT Services industry. ASGN Inc (ASGN) , another stock in the same industry, closed the last trading session 0.6% higher at $86.31. ASGN has returned -5.7% in the past month. For SoundHound AI, the consensus EPS estimate for the quarter has remained unchanged over the last 30 days. And a stock's pr ...

Shares held most of their gains and are up 22.2% in trading as of 3 p.m. ET. The next step will be rolling out the features to 17 markets and 12 languages by the end of the month. SoundHound Chat AI's capabilities are fairly simple but could be an incremental value add for automakers. Shares of SoundHound AI (SOUN 22.20%) jumped as much as 24.2% in trading on Wednesday after the company announced a major integration with Stellantis brands. Models will be built with the SoundHound Chat AI voice assistant bui ...

Speech recognition specialist SoundHound AI (NASDAQ:SOUN) — which leverages artificial intelligence (AI) and natural language understanding to promote conversational experiences — saw its shares rise dramatically on Wednesday. A major development with automaker Stellantis (NYSE:STLA) helped invigorate sentiment in SOUN stock, which is on a remarkable run. According to SoundHound's press release, its Chat AI voice assistant (which is integrated with ChatGPT) is now online and in production under the Stellant ...