Better AI Stock: Symbiotic vs. SoundHound AI
Symbiotic (NASDAQ: SYM) and SoundHound AI (NASDAQ: SOUN) represent two different ways to invest in the growing artificial intelligence (AI) market. Symbiotic develops AI-powered robots for automating large warehouses, while SoundHound develops speech recognition technologies for a wide range of industries.
Both companies went public by merging with special purpose acquisition companies (SPACs) last year. Symbiotic started trading at $10.54 last June, and it's more than tripled to about $32. SoundHound started trading at $8.72 last April, but it's only worth $2 a share now.
Let's see why the warehouse play outperformed the audio play by such a wide margin, and if it will remain the better AI-based investment for the foreseeable future.
Source Fool.com
