Artificial intelligence (AI) has many different applications. One budding area in the AI realm that big tech firms are exploring right now is voice-recognition software.

"Magnificent Seven" members Microsoft, Apple, Amazon, , and Nvidia are all investing heavily in AI-powered speech.

Yet despite big tech's pursuit of this technology, a smaller player has made headlines this year. SoundHound AI (NASDAQ: SOUN) specializes in voice-recognition software for the restaurant, automobile, and smart home industries.

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Source Fool.com