SoundHound News | Oct 01, 2024

SoundHound raised $215 million and exited at $2.3 billion through a SPAC...


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SoundHound

🌎 soundhound.com

SoundHound is a leading innovator in conversational intelligence, providing an independent voice AI platform that enables businesses to deliver exceptional conversational experiences. Utilizing proprietary technologies like Speech-to-Meaning® and Deep Meaning Understanding®, SoundHound allows users to interact with products and services naturally through voice. The company partners with various industries, including automotive and entertainment, to enhance their offerings with voice technology.


Updates as of Oct 01, 2024

  • SoundHound raised $215 million and exited at $2.3 billion through a SPAC.
  • SoundHound is expanding into healthcare, retail, finance, and insurance industries.
  • SoundHound, valued at $2 billion, is recognized as a leader in conversational AI and has secured Nvidia's endorsement with a stake purchase.
  • Michael Zagorsek, COO at SoundHound, stated that healthcare and biotech industries are the most promising applications for their AI products.
  • Nvidia invested nearly $4 million in SoundHound, which has signed clients like Five Guys, Papa Johns, Hyundai, and Dodge for its voice recognition and natural language processing software.
  • SoundHound announced a collaboration with MUSC Health to launch 'Emily', an AI agent for managing patient appointments.
  • SoundHound is currently hiring for the position of Director of Accounting, Corporate in the United States.
  • SmallCapKing suggested that a partnership between SoundHound and GameStop could position Ryan Cohen to lead in gaming AI.
  • SoundHound showcased their voice AI solutions for enhancing customer interactions at FSTEC2024.
  • SoundHound won a 2024 SpeechTech Magazine Industry Award.

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