SoundHound AI Inc

SoundHound AI, Inc. engages in the development, owning, and commercialization of voice, sound, and natural language artificial intelligence technologies and related activities. The conversational intelligence company was founded in 2005 and is headquartered in Santa Clara, CA.

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SoundHound reports robust Q4 earnings, eyes AI innovation for growth

SoundHound's strong financial performance in Q4 2022 and focus on conversational AI innovation position the company for continued growth in 2023.
While challenges exist in achieving profitability and monetizing new AI products, opportunities from new technologies and partnerships drive optimism.

SoundHound AI Inc reports robust Q1 growth and strategic partnerships

SoundHound AI Inc's Q1 performance reflects strong revenue growth, strategic partnerships, and operational improvements despite an operating loss.
The company's innovative technology, focus on customer service, and market opportunities position it for growth and competitive advantage.
While facing challenges in cost management and market competition, SoundHound remains optimistic about the AI sector's potential and its growth prospects.

SoundHound AI reports strong Q2 growth, eyes enterprise expansion

SoundHound AI Inc showcased robust performance in Q2 2023 with significant revenue growth and operational improvements, despite facing profitability challenges.
The company's strategic strengths lie in attracting key investors, introducing innovative AI solutions, and expanding partnerships for market expansion.
To capitalize on opportunities, SoundHound must address profitability concerns, focus on sustainable revenue streams, and leverage partnerships for continued growth.

SoundHound AI Inc reports record Q3 revenue growth and diversification

SoundHound AI Inc (SOUN) delivered strong financial results in Q3 2023, with revenue growth, improved margins, and positive EBITDA outlook for Q4.
The company's strategic focus on Pillar 1 and 2 products, successful partnerships, and efficient SMB servicing position it for continued success and growth.
While facing challenges like customer concentration and external factors, SoundHound has opportunities to diversify, innovate, and expand its market presence.

SoundHound AI Inc reports record Q4 revenue and eyes restaurant AI market for growth

SoundHound AI Inc's Q4 performance reflects robust revenue growth, margin improvement, and strategic advancements in AI product offerings and customer service solutions. The SYNQ3 acquisition enhances the company's position in the restaurant AI sector, offering substantial growth opportunities and synergies. Challenges lie in managing deployment pace and maintaining profitability amidst ambitious margin targets.

SoundHound reports robust Q3 earnings, eyes profitability and sector expansion

SoundHound's Q3 performance reflects strong revenue growth and expansion into new markets, underpinned by strategic partnerships and technological innovation.
While facing financial challenges with an EBITDA loss, the company aims to achieve profitability by 2025 and capitalize on growth prospects in diverse sectors.
By actively considering M&A opportunities and collaborations with industry leaders, SoundHound positions itself for continued growth and competitiveness in the dynamic AI market.

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SoundHound AI, Inc. engages in the development, owning, and commercialization of voice, sound, and natural language artificial intelligence technologies and related activities. The company was founded on September 2, 2005 and is headquartered in Santa Clara, CA.

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Why Are AI Stocks AI, BBAI, SOUN Up Today?

One of the lesser-known companies that's garnering interest among growth investors today is SoundHound AI (NASDAQ: SOUN ). Indeed, a 30% move in a given stock will do that.

Why Is SoundHound AI (NASDAQ:SOUN) Stock Up 30% Today?

AI may be getting hyped as the next billion dollar (or, much bigger) opportunity these days after that mega round for OpenAI from Microsoft, but that rising tide is not lifting all boats.

SoundHound, the voice AI company, raises $25M after laying off 40% of staff earlier this month

SANTA CLARA, Calif.--( BUSINESS WIRE )--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced further steps to strengthen its balance sheet and fully fund its business plan in anticipation of being GAAP operating cash flow positive by the end of 2023.

SoundHound AI Secures New Financing to Strengthen Balance Sheet; Pre-Announces Outperformance in 2022 Results

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A New Bull Market Is Coming: 3 Stocks That Could Skyrocket

SANTA CLARA, Calif.--( BUSINESS WIRE )--SoundHound AI, Inc. (Nasdaq: SOUN) (“SoundHound”), a global leader in voice artificial intelligence, today announced that it has joined the Toast Partner Ecosystem. This integration will introduce SoundHound for Restaurants as a voice technology provider to restaurants using Toast's point-of-sale system (POS). It will allow restaurants to accept voice orders over the phone and transmit the order directly to Toast's platform.

SoundHound for Restaurants Joins the Toast Partner Ecosystem to Help More Restaurants Offer Exceptional Voice Ordering Experiences

SANTA CLARA, Calif.--( BUSINESS WIRE )--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced measures to accelerate its path to profitability. As part of a targeted restructuring, the company will increase its focus on SoundHound for Restaurants while reducing investment in new verticals and already completed language development projects. It will maintain its growing licensing business in smart devices, TV, and automotive verticals.

SoundHound AI projects profitability within 2023 based on strong expected revenue growth and targeted cost reductions

SoundHound rallied to nearly $2 to end 2022 following a disappointing SPAC deal. The voice AI company reported a Q3 cumulative bookings backlog of $302 million, up an impressive 239% YoY.

SoundHound AI: Crushed AI SPAC Promises A Better 2023

SANTA CLARA, Calif.--( BUSINESS WIRE )--SoundHound AI, Inc. (Nasdaq: SOUN) (“SoundHound”), a global leader in voice artificial intelligence, today introduced Dynamic Interaction™, a category-level breakthrough in conversational AI that raises the bar for human-computer interaction by not only recognizing and understanding speech, but also responding and acting in real-time.

Launch of SoundHound Dynamic Interaction Marks Groundbreaking New Era for Human-Computer Interaction

SoundHound AI, Inc. (NASDAQ:SOUN ) Q3 2022 Earnings Conference Call November 10, 2022 5:30 PM ET Company Participants Scott Smith – Head-Investor Relations Keyvan Mohajer – Chief Executive Officer Nitesh Sharan – Chief Financial Officer Conference Call Participants Mike Latimore – Northland Capital Markets Brett Knoblauch – Cantor Fitzgerald Operator Good day, and thank you for standing by. Welcome to the SoundHound AI Third Quarter Earnings Conference Call.

SoundHound AI, Inc. (SOUN) Q3 2022 Earnings Call Transcript

SANTA CLARA, Calif.--( BUSINESS WIRE )--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the three and nine months ended September 30, 2022.

SoundHound AI Reports Record Quarter With Significant Growth Across All Key Metrics

SoundHound — maker of the voice AI technology used by Mercedes-Benz, Deutsche Telecom, Snap and Mastercard and more — has laid off about 10% of its workforce amid ongoing economic turmoil across global markets.

SoundHound, the voice AI platform, lays off 10% of staff citing ‘challenging market conditions'

SoundHound and HARMAN Join Forces to Deliver an Effortless Conversational Voice AI Experience to Auto Customers

SoundHound AI Announces Date of Third Quarter 2022 Financial Results and Conference Call

SoundHound AI is addressing an industry with significant revenue opportunities. SOUN proprietary innovations have a strong value proposition.

SoundHound AI: Expect To Be A Meaningful Winner In The AI Industry

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN) (“SoundHound”), a global leader in voice artificial intelligence, today announced the availability of a whole suite of Edge and Cloud connectivity solutions that will allow brands to voice-enable almost any product, device, or service. Businesses looking to deploy voice AI can choose from options that match their available processing power and end-user needs. These include fully-embedded Edge technology (including a new Ed

SoundHound Unveils Full Suite of Edge and Cloud Connectivity Solutions to Boost Accuracy and Privacy in Voice AI

SoundHound AI, Inc. (NASDAQ:SOUN ) Q2 2022 Earnings Conference Call August 11, 2022 5:30 PM ET Company Participants Scott Smith - Head-Investor Relations Keyvan Mohajer - Chief Executive Officer Nitesh Sharan - Chief Financial Officer Conference Call Participants Mike Latimore - Northland Capital Markets Brett Knoblauch - Cantor Fitzgerald John Katsingris - Wedbush Securities Operator Good afternoon, and welcome to SoundHound's Second Quarter 2022 Earnings Conference Call. After the speakers' presentation, there will be a question-and-answer session.

SoundHound AI, Inc. (SOUN) CEO Keyvan Mohajer on Q2 2022 Results - Earnings Call Transcript

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today reported its financial results for the three months ended June 30, 2022. “We are delighted to have kicked off our first quarter as a publicly listed company with strong business momentum. We have seen significant growth in bookings, user queries, customers, and new product launches,” said Keyvan Mohajer, Co-Founder and CEO of SoundHound. “We believe conversational vo

SoundHound AI, Inc. Announces Second Quarter Financial Results With $283 Million In Cumulative Bookings Backlog, Up More Than 3x Year-Over-Year

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced the date of the company's second quarter 2022 financial results and inaugural live audio conference call and earnings webcast. SoundHound will release its second quarter 2022 financial results after the market closes on Thursday, August 11, 2022. The company's earnings press release will be made available on SoundHound's Investor Relations website. Conferen

SoundHound AI, Inc. Announces Date of Debut Earnings Conference Call as a Newly Public Company

SANTA CLARA, Calif.--(BUSINESS WIRE)---- $SOUN #AI--SoundHound AI, Inc. announces the delivery of its advanced voice AI technology to Stellantis' most popular vehicles in Europe.

SoundHound Delivers In-Car Voice Experiences to the Most Popular Stellantis Vehicle Brands in Europe

MUNICH , June 28, 2022 /PRNewswire/ -- DMI, a global digital transformation services company, and SoundHound,a global leader in voice artificial intelligence, today formally announced at Reuters Events Automotive Europe 2022 their partnership for developing superior driver experiences through the integration of SoundHound's advanced voice AI platform with DMI's Edge-to-Cloud solutions. DMI's collaboration with SoundHound will provide clients with an out-of-the-box solution to bring voice recognition and conversational AI into the vehicle.

DMI and SoundHound Partner to Bring Conversational Intelligence and Connected Vehicle Solutions to The Automotive Industry

Archimedes Tech SPAC Partners recently completed its merger with SoundHound AI at a $2 billion valuation. SoundHound provides intelligent voice assistant technologies to businesses worldwide.

Archimedes Completes SPAC Merger With SoundHound AI

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (“SoundHound”) (Nasdaq: SOUN), a global leader in voice artificial intelligence, today announced a first-of-its-kind service that will allow restaurants to automate the phone ordering process. SoundHound and Square, the globally trusted software, payments and hardware company, are partnering to integrate SoundHound's conversational AI phone ordering automation with Square's point-of-sale (POS) systems. When a customer calls into a restau

SoundHound Announces First-of-its-Kind Voice AI Ordering Service for Restaurants and POS Integration With Square

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN) (“SoundHound”), a global leader in voice artificial intelligence, today announced a 7-year deal with Hyundai to include SoundHound's Edge+Cloud voice AI technology, music recognition software, voice commerce solution, and multiple-language conversational intelligence in a broad range of vehicle models globally. This announcement coincides with SoundHound's 2022 Q1 earnings release, featuring $230 million in cumulative book

SoundHound Signs 7-Year Agreement with Hyundai and Reports Q1 Earnings with $230 Million in Cumulative Bookings

SANTA CLARA, Calif.--(BUSINESS WIRE)--SoundHound AI, Inc. (Nasdaq: SOUN) (“SoundHound,” “we,” or “our”), a global leader in voice artificial intelligence (“voice AI”), today reported the financial results of SoundHound, Inc. (“Legacy SoundHound”), at and for the three months ended March 31, 2022. The financial statements reflect the operations of Legacy SoundHound prior to it becoming a wholly-owned subsidiary of SoundHound, as a result of the business combination with Archimedes, which closed

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