Close
Nvidia, a leader in AI graphics processors, has recently sold its shares in SoundHound AI, a top performer in the AI sector. This decision came after SoundHound's stock surged by 835% in 2024, raising questions about Nvidia's motivations. The sale led to a significant drop in SoundHound's stock value, losing 28% in a single day.
SoundHound AI specializes in voice-based conversational AI, with applications in various industries, including automotive and food service. The company is set to report record revenues, bolstered by its acquisition of Amelia, which is expected to diversify its revenue streams. Despite its growth potential, SoundHound's high price-to-sales ratio raises concerns for investors considering entry into the stock.
• Nvidia's sale of SoundHound AI stock caused a significant market reaction.
• SoundHound AI's revenue is projected to increase significantly in 2025.
Conversational AI refers to technologies that enable machines to engage in human-like dialogue, as seen in SoundHound's products.
Voice-based applications allow users to interact with technology using spoken commands, which is a core focus of SoundHound AI.
The price-to-sales ratio is a valuation metric that compares a company's stock price to its revenue, highlighting SoundHound's high valuation relative to its sales.
Nvidia is a leading company in AI graphics processing, significantly impacting the AI chip market.
SoundHound AI specializes in voice recognition and conversational AI, with applications across various industries.
The Motley Fool on MSN.com 13month
The Motley Fool on MSN.com 9month
The Motley Fool on MSN.com 13month
Isomorphic Labs, the AI drug discovery platform that was spun out of Google's DeepMind in 2021, has raised external capital for the first time. The $600
How to level up your teaching with AI. Discover how to use clones and GPTs in your classroom—personalized AI teaching is the future.
Trump's Third Term? AI already knows how this can be done. A study shows how OpenAI, Grok, DeepSeek & Google outline ways to dismantle U.S. democracy.
Sam Altman today revealed that OpenAI will release an open weight artificial intelligence model in the coming months. "We are excited to release a powerful new open-weight language model with reasoning in the coming months," Altman wrote on X.
Log in
Sign Up
AI Tools - Popular
AI Tools - Categories
GPTs - Categories
AI for Jobs
Key AI Highlights in this Article
Key AI Terms Mentioned in this Article
Companies Mentioned in this Article
