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SoundHound AI Is Singing a More Pleasant Tune, but Does That Mean Investors Should Buy the Stock?

SoundHound AI Is Singing a More Pleasant Tune, but Does That Mean Investors Should Buy the Stock?

Despite its small size, both the AI industry and investors have been taking notice of SoundHound AI (NASDAQ: SOUN), which produces voice recognition software and has landed several high-profile clients. Clients such as Mercedes-Benz, Hyundai, and Honda turn to it to power the voice recognition systems in their cars and trucks. At a market cap of just over $530 million, the company has plenty of room to grow.