Where Will SoundHound AI Be in 1 Year?
SoundHound AI(SOUN) The Motley Fool·2024-06-30 18:11
The company is benefiting directly from the rise of AI, and the year ahead should be one of progress. SoundHound AI (SOUN -1.00%) stock has been a roller coaster. Earlier this year, shares quadrupled after chipmaker Nvidia revealed a $3.7 million investment in the company. Since hitting their peak, shares have shed over half their value. The underlying reality, however, has been much less volatile. SoundHound has been signing new customers, securing additional patents, and proving its technology through a g ...