AI Index / SoundHound AI, Inc.
SoundHound AI, Inc. (SOUN)
SoundHound AI, Inc. is using AI across its product lines, implementing AI innovations to drive customer satisfaction and improve operational efficiency.
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Location: US
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Market Cap: $2.8B
link
https://www.soundhound.com
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Quotes from SOUN Executives About Artificial Intelligence and Generative AI
Before getting into the quarter, I wanted to talk about the announcement we made this morning to acquire a conversational AI leader, Amelia. This transaction is a natural extension of our strategy, and we saw a great opportunity to partner with a company that we believe will accelerate our mission of voice-enabling the world with conversational intelligence.
- Keyvan Mohajer
Quotes from soundhound Executives About Artificial Intelligence and Generative AI
Before getting into the quarter, I wanted to talk about the announcement we made this morning to acquire a conversational AI leader, Amelia. This transaction is a natural extension of our strategy, and we saw a great opportunity to partner with a company that we believe will accelerate our mission of voice-enabling the world with conversational intelligence.
- Keyvan Mohajer
Our vision has always been to create a conversational AI platform that exceeds human capabilities, delivers value and delights end users, creates an ecosystem with billions of products, and enables innovation and monetization opportunities for product creators.
- Keyvan Mohajer
SoundHound is a leader in voice AI and we have built a platform that we can perfectly leverage to expand into new markets.
- Keyvan Mohajer
...enterprise spending on generative AI projected to grow 15-fold over the next three years to nearly $250 billion.
- Keyvan Mohajer
...we combine decades of experience in conversational AI. We have a highly complementary suite of products and we believe we can offer best-in-class, scalable customer service support to a vast spectrum of businesses.
- Keyvan Mohajer
...our booking this quarter increased as a result. This is important to emphasize. While historically there have been constant pressure from auto OEMs to lower their costs, for the first time, we are seeing their appetite to pay more. They want to upgrade to SoundHound Chat AI...
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...we also announced the Allset acquisition... The ordering platform we acquire through Allset enables us to build a voice commerce ecosystem...