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The travel of SoundHound EU (SOUND) is not a remarkable company from a modest penny fund for about $ 5 billion. Soun, spoken and agent, appeared as a serious bidder in the AI space.
In the late 2023, the company’s investment in the company’s investment in this penny fund caused an investor. The consent of NVIDIA was like gold and followed the news of Sonu. The shares have exceeded 249%, wider market in the last three years.
Over the past three months, Sam’s shares rose to 40%. When NVidia does not invest in SoundHound AI, the stock still is a purchase?
SoundHound AI is a clean voice AI technology company. The company’s technology has been not only interesting, but also proven in various fields, including restaurants, cars, health, financial services, energy, telecom, information technology, travel and hospitality. Due to real-world deployments in the main industries, the company’s total targeted market (full) is expanding rapidly.
The company earns $ 29.1 million in the first quarter and earned a 151% annual first quarter. This reflects the complex effects of new job lines, improved technology and three smart shopping in 2024: Syng3 (restaurant and hospitality), Altset (Sound trading integration) and Amelia (Agentic AI platform). Management noted that no customer does not make up more than 10% of income in a quarter, significantly reduces the risk of concentration and increasing long-term income sustainability.
CFO Nitesh Sharan said the first quarter of the enterprise’s moment, including financial services, health, hospitality, hospitality and most importantly, the first quarter, stating that they grow in many industries. It should be noted that the vertical restaurant, Soundhound, activated more than 1,000 new live restaurants in the quarter, appeared with an increase in the previous year.
The company develops the agent, which increases the customer interest and better results, develops the agent and voice trading platforms. Enterprises are so faster resolution, higher automation rates and large growth growth growth.
