Is SoundHound AI Stock a Buy Now?
I thought SoundHound AI (NASDAQ: SOUN) was a strong buy in December. As of Jan. 5, the stock price is down 8% from that point, though I've seen nothing but good news around the voice command specialist in that period. Long story short, I'm even more into SoundHound AI's stock nowadays.
Image source: Getty Images.
As a reminder, SoundHound AI has been developing artificial intelligence (AI) tools for audio analysis for two decades. The original Midomi app, later renamed to SoundHound, identified songs heard by your smartphone's microphones, using the mobile hardware of 2006. The company added more use cases and customers over the years and decided to shoot for commercial success with a cash-raising special purpose acquisition company (SPAC) merger in 2022.
Source Fool.com
