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SoundHound AI Is Singing a More Pleasant Tune, but Does That Mean Investors Should Buy the Stock?

TheMotleyFool 
0 0 28.11.23
SoundHound AI Is Singing a More Pleasant Tune, but Does That Mean Investors Should Buy the Stock?: https://g.foolcdn.com/editorial/images/756060/young-woman-speaking-into-smartphone-voice-assistant-siri-artificial-intelligence-ai.jpg
 

Despite its small size, both the AI industry and investors have been taking notice of SoundHound AI (NASDAQ: SOUN), which produces voice recognition software and has landed several high-profile clients.

But the company has often struggled with low revenue growth and high expenses, and the question for investors is whether the AI stock's potential overrides financial concerns.

SoundHound's voice recognition software has attracted clients such as Snap and Mastercard and it has become particularly popular in the automotive industry. Clients such as Mercedes-Benz, Hyundai, and Honda turn to it to power the voice recognition systems in their cars and trucks.

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Source Fool.com

Honda Motor ADR Stock

€32.60
0.620%
Honda Motor ADR gained 0.620% compared to yesterday.

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