SoundHound AI (NASDAQ: SOUN ) stock is on the move today after the artificial intelligence ( AI ) company saw its audio services added to sports bar chain Beef ‘O' Brady's. Beef ‘O' Brady's now allows customers of its restaurants to make orders with the help of AI audio.
SoundHound AI stock took off last week on news that its voice assistant went live with multiple vehicle brands in Europe. The stock has been rallying and has reached levels it hasn't been at since March.
SoundHound AI is integrating ChatGPT into vehicles. The audio recognition software specialist has a massive bookings backlog that it needs to convert into sales.
Integration of SoundHound technologies kicked off in vehicles from Stellantis' Peugeot, Opel, and Vauxhall brands this week. SoundHound's software for Stellantis' vehicles integrates ChatGPT.
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 is expanding its partnership with one of its biggest associates.
Recently, Zacks.com users have been paying close attention to SoundHound AI (SOUN). This makes it worthwhile to examine what the stock has in store.
Shares of SoundHound AI (SOUN) soared for a second day Thursday after the maker of artificial intelligence (AI) voice technology announced its product would be added to more Stellantis (STLA)-owned car brands in Europe.
SoundHound (SOUN) expands AI-powered voice assistant to Peugeot, Opel and Vauxhall vehicles across Europe, enhancing the in-car experience.
SoundHound AI's stock rose 86.3% in the first half of 2024. Nvidia's $3.7 million investment in SoundHound AI sparked significant interest with year-to-date gains peaking at 320%.
SoundHound AI (SOUN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
The rollout in 11 European markets begins today, with 17 total markets expected by the end of the month. We still don't have details of the financial impact this will have on SoundHound.