3 Things About SoundHound AI the Smartest Investors Know
The past several years have been a roller coaster ride for SoundHound AI (NASDAQ: SOUN) investors. The stock debuted to much fanfare via a special purpose acquisition company (SPAC) in early 2022, soaring more than 100% in the first week after going public. The other shoe soon dropped, however, as the stock lost more than three-quarters of its value in the following months.
However, the excitement surrounding artificial intelligence (AI) and the potential for SoundHound to revolutionize voice AI services have sent the stock surging, gaining 286% so far this year (as of this writing).
There's more to this company than meets the eye, and there's a lot going on behind the scenes. Let's dig in to discover three things about SoundHound AI that the smartest investors know.
Source Fool.com
