Welcome to our dedicated page for SOUNDHOUND AI news (Ticker: SOUN), a resource for investors and traders seeking the latest updates and insights on SOUNDHOUND AI stock.
SoundHound AI, Inc. (Nasdaq: SOUN) is frequently featured in news coverage for its developments in voice and conversational AI, agentic AI platforms, and IT automation. Company announcements highlight how its proprietary technology underpins products such as Smart Answering, Smart Ordering, Dynamic Drive-Thru, the Amelia platform, SoundHound Chat AI, and Autonomics, which are used across sectors including automotive, restaurants, financial services, healthcare, and smart devices.
News about SoundHound AI often focuses on product launches and demonstrations, such as its agentic voice commerce platform for vehicles and smart devices, and its Vision AI for vehicles that combines real-time visual perception with conversational AI. Coverage also includes partnerships with organizations like OpenTable and Parkopedia to enable in-vehicle restaurant reservations, food ordering, and parking search and payment through natural voice commands.
Investors and industry observers can also find updates on SoundHound AI’s enterprise deployments and research. Recent releases describe the Amelia 7 agentic AI platform, its Agentic+ framework, and use cases in contact centers, insurance, banking, and IT operations. Financial news items include quarterly earnings announcements, business highlights across multiple verticals, and details of acquisitions such as Interactions Corporation and Amelia, as reported in SEC filings and press releases.
This news page aggregates these types of updates in one place, including product news, strategic partnerships, sector-specific deployments, research findings, conference participation, and financial disclosures. Readers can use it to follow how SoundHound AI’s voice AI, agentic AI agents, and automation platforms are being adopted across industries and how the company describes its progress in official communications.
SoundHound AI (Nasdaq: SOUN) has unveiled Dynamic Interaction, a groundbreaking voice AI technology designed to enhance customer service experiences, particularly in the restaurant sector. Unlike traditional systems, it processes speech in real-time, allowing users to communicate naturally without awkward pauses. This technology can suggest menu items dynamically and supports voice and touch inputs simultaneously. SoundHound aims to address staffing challenges in the restaurant industry and improve efficiency, marking a significant advancement in human-computer interaction.
SoundHound AI (SOUN) reported record financial results for Q3 2022, with revenues increasing 178% year-over-year to $11.2 million and a cumulative bookings backlog of $302 million, up 239%. The company achieved a gross margin of 77%, significantly improved from 59% the previous year. Operating expenses rose by 80%, leading to a net loss of $28.9 million. Despite this, SoundHound reaffirmed its 2022 revenue guidance of $28-$32 million. A workforce reduction of approximately 10% was announced to streamline operations. A new AI technology will be revealed on November 17, 2022.
SoundHound AI (NASDAQ: SOUN) announces a partnership with HARMAN International to integrate advanced voice AI into the automotive sector. This collaboration aims to enhance the in-vehicle user experience by utilizing SoundHound's Speech-to-Meaning® and Deep Meaning Understanding® technologies. These technologies enable real-time speech recognition, allowing drivers to interact with apps and devices hands-free. With over 90% of new vehicles projected to have voice assistants by 2028, this innovation targets the growing demand for improved vehicle technology.
SoundHound AI, Inc. (NASDAQ: SOUN) will announce its third quarter 2022 financial results on November 10, 2022, after market close. The results will be accessible through a live audio conference call and webcast at 2:30 p.m. PT / 5:30 p.m. ET. The earnings press release will be available on SoundHound’s Investor Relations website. Key executives including CEO Keyvan Mohajer and CFO Nitesh Sharan will host the call, providing insights into the company's performance and future outlook.
SoundHound AI, Inc. (NASDAQ: SOUN) has launched a suite of Edge and Cloud connectivity solutions aimed at enabling voice technology in various products. The offerings include EdgeLite, EdgeLite+Cloud, Edge, Edge+Cloud, and Cloud-Only solutions, catering to different processing capabilities and data privacy needs. These innovations are designed to improve response speed, accuracy, and flexibility for automakers and smart device manufacturers. The EdgeLite+Cloud solution will be available in Q3 2022, while other options are currently for sale.
SoundHound AI, Inc. (Nasdaq: SOUN) reported its Q2 2022 results, showing strong growth in several key metrics. Revenues were $6.2 million, up 43% from Q1 2022, although down from the same quarter last year. The cumulative bookings backlog grew 207% year-over-year, and monthly queries increased 3x since 2021. Operating loss was $28.93 million, with a net loss of $30.67 million. The company maintains a full-year revenue guidance of $27 million to $33 million, anticipating growth from increased sales and marketing efforts.
SoundHound AI, Inc. (Nasdaq: SOUN) announced it will release its second quarter 2022 financial results on August 11, 2022, after market close. A live audio conference call will follow at 2:30 p.m. PT / 5:30 p.m. ET featuring CEO Keyvan Mohajer and CFO Nitesh Sharan. Investors can access the call through the company’s Investor Relations website. SoundHound's AI platform supports major companies, enhancing conversational experiences across various industries.
SoundHound AI, Inc. (Nasdaq: SOUN) has announced the deployment of its advanced voice AI technology in Stellantis vehicles in Europe. This includes features like Edge+Cloud connectivity, multi-language capabilities, and custom wake words. For the first time, SoundHound's Speech-to-Meaning and Deep Meaning Understanding technologies will be integrated into a unified hybrid voice experience in cars. The technology enhances in-car navigation and controls, even without a cloud connection, catering to global markets with support for multiple languages.
DMI and SoundHound announced a partnership aimed at enhancing driver experiences by integrating SoundHound's voice AI technology with DMI's Edge-to-Cloud solutions at Reuters Events Automotive Europe 2022. This collaboration will provide an out-of-the-box voice recognition solution for vehicles, allowing users to perform tasks like local searches and navigation through natural conversation. DMI has over 20 years of experience in the connected automotive ecosystem, while SoundHound aims to connect its technology with various auto manufacturers, unlocking new revenue opportunities.
SoundHound AI, Inc. (NASDAQ: SOUN) has introduced a groundbreaking voice ordering automation service for restaurants. In collaboration with Square, the new technology addresses labor shortages and enhances sales by automating phone orders. This seamless integration allows SoundHound’s AI to manage customer calls and orders through Square’s POS systems, ensuring efficient service even during peak hours. The service will be showcased at the National Restaurant Show from May 21-24, 2022, with free subscription fees offered to early sign-ups until June 30, 2022.
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