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SoundHound AI has acquired Amelia, an AI-based company, to explore new market opportunities. This move comes amid growing skepticism among investors regarding the practical utility of AI technology. Keyvan Mohajer, CEO of SoundHound, passionately defends the transformative potential of generative AI, likening its evolution to the mobile app boom following the introduction of iOS and Android.
Mohajer asserts that generative AI is not just a passing trend but a revolutionary technology that will reshape industries. He draws parallels to the early days of mobile technology, predicting a similar trajectory for AI, where foundational infrastructure will lead to innovative applications and business models. This perspective highlights the importance of viewing AI as a long-term investment rather than a fleeting buzzword.
• SoundHound acquires Amelia to expand into new AI verticals.
• Keyvan Mohajer emphasizes generative AI's transformative potential.
The article discusses generative AI as a transformative technology that will change various industries.
The article compares the current state of AI infrastructure to the early mobile app ecosystem.
SoundHound's acquisition of Amelia signifies its commitment to expanding its AI capabilities.
The acquisition by SoundHound allows for new verticals in AI applications.
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