fbpx

SoundHound Stock Rides the AI Hype Train

February 7. 2023. 8 mins read

One of the biggest moments to date in the evolution of artificial intelligence came in November 2022 when OpenAI, an AI research organization co-founded by Elon Musk to stop the machine apocalypse, released a conversational chatbot that many believe will start the machine apocalypse. ChatGPT is probably the closest we’ve come to the holy grail of general artificial intelligence, when computers can do their own thinking and human enslaving. The hype has continued to build since Google issued a “code red” at the end of December 2022 over this so-called existential threat to its search business. 

Another event happened back in November 2022 with much less fanfare. SoundHound (SOUN) quietly released its latest voice AI technology called Dynamic Interaction, a conversational AI that the Silicon Valley company is betting will help make it profitable by the end of this year. Also referred to as natural language processing, this technology could revolutionize the way we interact with computers for some of the most complex human tasks imaginable – like ordering a “double-cheeseburger, hold the mayo, and extra pickles on the side.”

About SoundHound Stock

Click for company website

As the saying goes, a rising chatbot lifts all AI companies. That’s certainly been the case for SoundHoun

Become a premium member and get access to hundreds of premium articles, reports and additional content.

Nanalyze Premium is your comprehensive guide to investing in disruptive technologies. Read by the top investment banks, management consultancies, VCs, and research houses. Trusted by over 100,000 institutional and retail investors. Covering disruptive technologies for over 18 years.