Artificial intelligence (AI) stocks have skyrocketed in recent months, thanks to their potential to transform so many industries. There could be a lot of winners, including companies selling AI tools or using these tools to make their businesses more efficient. Investors who buy shares of these players could score a win, too. Even though many …
Since artificial intelligence’s (AI) burst in popularity early last year, investors have been captivated by the potential for AI stocks to go parabolic. Take SoundHound AI for example. Since reports emerged in mid-February that Nvidia (NASDAQ: NVDA) owned a stake in the company, its stock has exploded higher, soaring as much as 295% in the …
SoundHound AI has been red-hot on the stock market in 2024, with stunning gains of 288% so far. Investors have been buying shares of this voice artificial intelligence (AI) solutions provider hand over fist based on the belief that it could become the next big AI play. The company’s revenue has been growing at an impressive …
This marks a new chapter for generative AI, proving that the powerful technology can still deliver optimal results in the absence of cloud connectivity. (Graphic: Business Wire) Solution combines SoundHound Chat AI with a large language model running in-vehicle on NVIDIA DRIVE for seamless voice interaction SANTA CLARA, Calif., March 18, 2024–(BUSINESS WIRE)–SoundHound AI, Inc. …
SoundHound AI (SOUN) stock slides amid an earnings miss, reporting $17.1 million of revenue and slightly wider than expected losses of $0.07 per share. Nvidia (NVDA) now owns a stake in the artificial intelligence company. Yahoo Finance breaks down SoundHound AI’s stock performance during recent AI trends For more expert insight and the latest market …
SoundHound AI Reports Record Quarter with 80% Q4 Revenue Growth to $17.1 Million; Adjusted EBITDA Improved by 80% Year-Over-Year in Q4 (Graphic: Business Wire) Combined Cumulative Subscriptions & Bookings Backlog of $661 Million Represents a 2x increase Year-Over-Year SANTA CLARA, Calif., February 29, 2024–(BUSINESS WIRE)–SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial …
The explosive growth of the artificial intelligence (AI) market, which had largely been driven by the feverish expansion of generative AI platforms like OpenAI’s ChatGPT, lit a fire under many tech stocks over the past year. Some of those rallies were justified. Nvidia‘s stock deserved to soar because its chips were required to process high-end AI …
Quantum computing expert IonQ (NYSE: IONQ) is on a roll. The stock has gained a market-thumping 324% over the last year for reasons of mixed long-term importance. Quantum computers are starting to look useful, and there’s a real business brewing there for the long term. But IonQ’s investors may have jumped aboard its bandwagon too …
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