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 (SOUN) delivers cutting-edge Voice AI solutions through its independent conversational intelligence platform. This news hub provides investors and industry observers with verified updates about the company’s technological advancements and market position.
Access official press releases, earnings announcements, and strategic partnership updates in one centralized location. Our curated collection helps stakeholders track product launches, intellectual property developments, and leadership changes impacting the Voice AI landscape.
All content undergoes strict verification to ensure accuracy and relevance. Users will find updates about natural language processing innovations, speech recognition enhancements, and enterprise adoption across automotive, hospitality, and consumer electronics sectors.
Bookmark this page for real-time notifications about SOUN’s progress in shaping voice-enabled interfaces. Combine this resource with SEC filings and earnings call transcripts for comprehensive analysis of the company’s trajectory in conversational AI.
SoundHound AI (Nasdaq: SOUN) has expanded its collaboration with NVIDIA, integrating NVIDIA AI Enterprise to enhance its voice AI capabilities. The integration focuses on three key innovations:
- Optimized AI Inference using NVIDIA NIM Microservices for reduced latency
- Smarter Retrieval with NVIDIA NeMo Retriever Microservices for improved context-aware RAG
- Scalable Model Fine-Tuning with NVIDIA NeMo for multi-GPU environments
Lucid Motors is the first customer to benefit from this collaboration, with select modules of Lucid Assistant already utilizing SoundHound and NVIDIA AI for improved response times and user interactions. The partnership builds on previous collaborations, including on-chip voice AI running on NVIDIA DRIVE AGX for in-vehicle generative AI responses without cloud connectivity.
SoundHound AI (Nasdaq: SOUN) announced its participation in the 2025 NVIDIA GPU Technology Conference (GTC) from March 17-21 in San Jose. At Booth #1842, the company will showcase two major innovations:
1. A next-generation in-vehicle voice assistant featuring SoundHound Chat AI Automotive integrated with NVIDIA DRIVE AGX platform, bringing LLM capabilities directly to vehicles
2. The first-ever in-car voice commerce ecosystem enabling hands-free ordering and purchasing, featuring food ordering capabilities with restaurant brands
Additionally, SoundHound will demonstrate its Dynamic Drive-Thru food ordering solution powered by Oracle Cloud Infrastructure at Oracle's booth #1515. The company's AI technology is currently deployed across hundreds of enterprise brands, thousands of restaurant locations, and millions of cars and devices.
SoundHound AI (Nasdaq: SOUN), a global leader in voice artificial intelligence, has announced its upcoming participation in the Cantor Global Technology Conference in New York. Chief Financial Officer Nitesh Sharan will deliver a presentation on March 11 at 8:20 AM PT / 11:20 AM ET.
The presentation will be available via live stream, with webcast registration accessible through SoundHound's investor relations website at investors.soundhound.com.
SoundHound AI (SOUN) reported exceptional Q4 2024 results with revenue reaching $34.5 million, marking a 101% year-over-year increase. Full-year revenue grew 85% to $84.7 million.
Q4 financial metrics showed GAAP gross margin of 39.9% and non-GAAP gross margin of 52.1%. The company ended 2024 with nearly $200 million in cash and no debt. Q4 adjusted EBITDA was ($16.8) million, while full-year adjusted EBITDA was ($61.9) million.
The company demonstrated strong customer momentum across multiple sectors, including restaurants (working with over 30% of top 20 QSR brands), healthcare, automotive, and financial services (serving 70% of top 10 global financial institutions). SoundHound has raised its 2025 revenue outlook to $157-177 million.
SoundHound AI (Nasdaq: SOUN) has unveiled its next-generation AI platform for restaurants, enhancing its Dynamic Drive-Thru solution with omnichannel ordering capabilities. The platform now extends beyond drive-thru to include Call-to-Order, Text-to-Order, Scan-to-Order, and In-Car Voice Ordering.
Key features include:
- Polaris™ Advanced Speech Recognition Model for improved accuracy
- Fully autonomous voice generative AI operating without human intervention
- AI-driven upselling that offers upsells 100% of the time vs traditional 42%
- Smart Lane Technology enabling pre-ordering
- Advanced analytics and multilingual support
The company currently powers over 10,000 restaurant locations, partnering with major brands like Chipotle, Church's Texas Chicken, Jersey Mike's, and White Castle. At CES 2025, SoundHound also introduced the first-ever in-vehicle voice commerce ecosystem, enabling hands-free food ordering and payment through car infotainment systems.
SoundHound AI (Nasdaq: SOUN), a global leader in voice artificial intelligence, has scheduled its 2024 fourth quarter and full year financial results announcement for Thursday, February 27, 2025, after market close. The company will hold a conference call and webcast on the same day at 2:00 p.m. PT / 5:00 p.m. ET, hosted by Co-Founder and CEO Keyvan Mohajer and CFO Nitesh Sharan.
Investors can access the live audio webcast at investors.soundhound.com, where a replay will also be available. Those interested in receiving company updates can register for email notifications at the investor relations website.
SoundHound AI (Nasdaq: SOUN) has launched Brand Personalities, a pioneering feature for its SoundHound Chat AI Automotive voice assistant. This first-of-its-kind innovation allows automakers to customize distinct personas for their in-vehicle voice assistants, aligned with their brand identity.
The feature enables car manufacturers to control their voice assistant's personality, including response style and character. They can choose pre-designed personas, create custom personalities, or introduce seasonal characters. Multiple personas can be defined for specific sub-brands or model lines, allowing different vehicle types to have distinct personalities.
According to a SoundHound study, 77% of regular drivers are likely to use voice generative AI capabilities in their vehicles. The technology is currently deployed across 20 brands in over 25 languages. Recent implementations include Lucid Motors, Alfa Romeo, Citroën, Peugeot, Opel, and Vauxhall, with DS Automobiles being the first to fully integrate generative AI technology in production.
Rekor Systems (REKR) and SoundHound AI (SOUN) announced a collaboration to transform emergency vehicle technology by combining SoundHound's voice AI with Rekor's Scout® vehicle recognition software. The partnership aims to provide hands-free operation of automatic license plate recognition (ALPR) and other critical vehicle systems for law enforcement and first responders.
The integration will enable voice-controlled management of emergency light bars, sirens, two-way radios, PA systems, in-car printers, and HVAC control. The system will deliver immediate voice alerts for critical information like Amber and Silver Alerts or wanted vehicle sightings. The solution will also integrate with Mobile Data Terminals (MDTs) to provide access to criminal databases, dispatch details, and incident reports through voice commands.
The technology will utilize existing high-resolution cameras in modern vehicles, eliminating the need for aftermarket hardware. With approximately 100,000 police vehicles purchased annually in the U.S., the solution targets a significant market opportunity.
SoundHound AI (NASDAQ: SOUN) has unveiled the first-ever in-vehicle voice commerce platform at CES 2025, featuring hands-free food ordering capabilities through car infotainment systems. The groundbreaking AI software allows drivers to order takeout, make payments, and navigate to pickup locations completely hands-free.
The platform will be demonstrated at CES with various integrated restaurant partners. According to research, a majority of drivers in the US and Europe showed strong interest, with over 55% indicating they would use this feature regularly. The system enables users to bypass drive-thru lanes and coordinate food pickup timing with GPS navigation.
SoundHound is in discussions with major automotive manufacturers to pilot this technology, aiming for a 2025 launch. While initially focused on food ordering, the company plans to expand into banking transactions, ticket purchases, and appointment scheduling. This development was accelerated by SoundHound's recent Allset acquisition, with the technology currently deployed across hundreds of enterprise brands and millions of cars and devices.
SoundHound AI (NASDAQ: SOUN) has announced that Lucid Motors has launched the Lucid Assistant, a revolutionary hands-free voice assistant powered by SoundHound Chat AI. The system enables natural, conversational control of vehicle functions and provides responses from both real-time information domains and large language models.
The assistant, activated by saying 'Hey Lucid,' allows drivers to access the car manual, control navigation, and get information about weather, sports, and stocks. It features SoundHound's proprietary technology that reduces AI hallucination risks and works in multiple languages including English, Spanish, French, Arabic, German, and Dutch.
The system operates both online and offline for certain features and will continue to evolve through over-the-air software updates. SoundHound will showcase the Lucid Assistant's functionality with a Lucid Air demonstration at their CES booth.
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