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SoundHound AI Inc. is a company specializing in artificial intelligence applied to voice and natural language understanding, classified in the “other” sector, founded by a group of engineers and researchers from Stanford University.
The company’s initial motivation stemmed from the need to develop advanced music-recognition technology. As research progressed and demand for intelligent voice interfaces increased, SoundHound expanded its operations to deliver complete voice AI systems applicable to sectors such as automotive, hospitality, and smart devices.
Its product portfolio includes the Houndify platform, a voice AI solution that enables developers and companies to incorporate voice commands into their own products and services. In addition, the company maintains the SoundHound app, designed for music identification and recognized as the company’s original product.
SoundHound AI today operates globally, serving clients across North America, Europe, and Asia. Its main partners and customers include automakers, smart device manufacturers, and service-sector companies that use its technology to integrate voice commands and virtual assistants into their products.
Relevant market factors include the growing adoption of voice interfaces and virtual assistants in electronic devices, connected vehicles, and corporate environments. Competition with large technology companies — such as Amazon, Google, and Apple, which maintain their own voice-recognition platforms — represents a significant challenge. Evolving regulations related to data privacy and artificial intelligence also directly impact the company’s operations.
The company maintains an operational structure that includes its headquarters in Santa Clara, California, along with research centers and offices located in other U.S. and international technology hubs. Its operations are concentrated in research and development, supported by specialized teams in machine learning, computational linguistics, and AI-driven product development.
The company’s shares are traded on Nasdaq under the ticker SOUN.
History and when SoundHound AI Inc. was created
SoundHound AI Inc. was founded in 2005 in Santa Clara, California, with the initial objective of creating a voice-based music identification application.
In its early years, the company developed the SoundHound app, which quickly gained popularity and competed directly with solutions such as Shazam. Years later, the company completed its initial public offering (IPO) in 2022, listing on Nasdaq and marking a new phase of expansion supported by capital raising for technological advancement and strategic growth.
In the following years, the company strengthened its presence in the automotive, smart device, and customer service sectors, establishing partnerships with automakers, electronics companies, and virtual-assistance providers. The expansion of conversational AI solutions helped consolidate its position in the voice-technology market.
Between 2022 and 2024, SoundHound AI accelerated investments in generative AI capabilities, following global trends in artificial intelligence and voice automation. The development of advanced models for speech recognition and natural language understanding increased the adoption of its technology in sectors such as hospitality, retail, and financial services, expanding the impact of its solutions in the global market.
Additional Information
The Company SoundHound AI Inc (United States), is listed on Nasdaq with a market value of $ 3.21 Billions, having an equity of $ 399.24 Millions.
The Company is listedthe in the sector of Others and categorized in industry of Others.
In the last 12 months the Company had a revenue of $ 148.40 Millions, which generated a loss in the amount of $ -312.66 Millions.
As for its main indicators, the Company has a P/E ratio of -10.25, a P/BV ratio of 8.03 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker SOUN.
