Jump to content

SoundHound: Difference between revisions

From Wikipedia, the free encyclopedia
Browse history interactively
← Previous edit
Content deleted Content added
VisualWikitext
m Minor wording corrections in History section. Also, added wikilink to Hyundai Motor Company.
Added 2024's award in History section
 
(29 intermediate revisions by 4 users not shown)
Line 12: Line 12:
| location = [[Santa Clara, California]], United States
| location = [[Santa Clara, California]], United States
| founder = {{ubl|Keyvan Mohajer|Majid Emami|James Hom}}
| founder = {{ubl|Keyvan Mohajer|Majid Emami|James Hom}}
| key_people = Keyvan Mohajer ([[Chief executive officer|CEO]])<br>Mike Zagorsek ([[Chief operating officer|COO]])<br>Tim Stonehocker ([[Chief technology officer|CTO]])
| key_people = Keyvan Mohajer ([[Chief executive officer|CEO]])<br>Mike Zagorsek ([[Chief operating officer|COO]])<br>Tim Stonehocker ([[Chief technology officer|CTO]])<br>Nitesh Sharan ([[Chief financial officer|CFO]])
| industry = {{ubl|[[Speech Recognition]]|[[Mobile Technology]]}}
| industry = {{ubl|[[Speech Recognition]]|[[Mobile Technology]]}}
| products = {{ubl|SoundHound Chat AI|Houndify|SoundHound Music}}
| products = {{ubl|SoundHound Chat AI|Smart Answering|Smart Ordering|Dynamic Drive Thru|}}
| num_employees = 260 (2023)
| num_employees = 700 (2024)
| homepage = {{URL|soundhound.com}}
| homepage = {{URL|soundhound.com}}
| revenue = {{increase}} {{US$|45.9 million|link=yes}} (2023)
| revenue = {{increase}} {{US$|45.9 million|link=yes}} (2023)
| footnotes = <ref>{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1840856/000184085624000013/soun-20231231.htm |title=SoundHound AI, Inc. 2023 Annual Report (Form 10-K) |date=March 1, 2024 |publisher=[[U.S. Securities and Exchange Commission]]}}</ref>
| footnotes = <ref>{{cite web |url=https://www.sec.gov/ix?doc=/Archives/edgar/data/1840856/000184085624000013/soun-20231231.htm |title=SoundHound AI, Inc. 2023 Annual Report (Form 10-K) |date=March 1, 2024 |publisher=[[U.S. Securities and Exchange Commission]]}}</ref>
}}
}}
'''SoundHound AI, Inc.''' ([[Nasdaq]]: SOUN) is a voice [[Artificial intelligence|artificial intelligence]] (AI) company founded in 2005. It is headquartered in [[Santa Clara, California|Santa Clara]], [[California]]. SoundHound provides a voice AI platform that enables businesses to offer customized conversational experiences to consumers.<ref>{{cite web |title=Houndify Voice AI Powers a World of Voice-Enabled Products—Project Voice Worldwide 2021 | website=[[YouTube]] |url=https://www.youtube.com/watch?v=_WwIMp8X5_0 |access-date=4 October 2024 |date=8 May 2021}}</ref>
'''SoundHound AI, Inc.''' is a voice AI and [[speech recognition]] company founded in 2005. It develops speech recognition, [[natural language understanding]], sound recognition and search technologies. Its featured products include a voice AI developer platform, SoundHound Chat AI, a voice-enabled digital assistant, and [[music recognition]] mobile app SoundHound. Key vertical industries include the automotive, IoT devices, restaurant and customer service industries. The company’s headquarters are in [[Santa Clara, California|Santa Clara]], [[California]].<ref>{{cite news|last1=May|first1=Patrick|title=Siri's got nothing on SoundHound's new app|url=http://www.siliconbeat.com/2015/06/03/siris-got-nothing-on-soundhounds-new-app/?doing_wp_cron=1456852623.0633099079132080078125|accessdate=March 1, 2016|publisher=The Mercury News|date=June 3, 2013}}</ref>

SoundHound's technologies are used in a variety of voice-enabled products and services, primarily in automotive, TV, IoT, restaurant, customer service, healthcare, finance, and retail industries.<ref>{{cite web |title=10-K Annual Report Fri Mar 01 2024 |url=https://last10k.com/sec-filings/soun/0001840856-24-000013.htm |website=Last10K.com |access-date=4 October 2024}}</ref> The company holds more than 250 technology patents<ref>{{cite web |title=SoundHound Patents – Insights & Stats (Updated 2024) |url=https://insights.greyb.com/soundhound-patents/ |website=Insights;Gate |access-date=4 October 2024}}</ref> and supports voice AI in 25 languages.<ref>{{cite web |last1=Yu |first1=Jea |title=Is SoundHound Voice AI the Next Big Thing? |url=https://www.theglobeandmail.com/investing/markets/stocks/PATH-N/pressreleases/14053525/is-soundhound-voice-ai-the-next-big-thing/ |website=The Globe and Mail |access-date=4 October 2024 |date=8 February 2023}}</ref>

SoundHound offers a range of AI-driven products, including Smart Answering,<ref>{{cite web |title=Demo: SoundHound for Restaurants Smart Answering — Never Miss a Call | website=[[YouTube]] |url=https://www.youtube.com/watch?v=MzxvcM67mY8 |access-date=4 October 2024 |date=1 May 2023}}</ref> Smart Ordering,<ref>{{cite web |last1=Lucas |first1=Peter |title=Presto Rolls Out Voice Ordering; SoundHound Integrates Voice Ordering With Oracle's POS |url=https://www.digitaltransactions.net/presto-rolls-out-voice-ordering-soundhound-integrates-voice-ordering-with-oracles-pos/ |website=Digital Transactions |access-date=4 October 2024 |date=5 May 2023}}</ref> Dynamic Drive Thru,<ref>{{cite web |last1=Godwin |first1=Cody |title=Does the future of drive-thrus look less human? AI software shows off order-taking skills |url=https://www.usatoday.com/videos/tech/2022/12/02/ai-company-shows-off-futuristic-drive-thru-tech/10817935002/ |website=USA TODAY |access-date=4 October 2024 |date=2 December 2022}}</ref> and SoundHound Chat AI, a voice assistant incorporating generative AI technology.<ref>{{cite web |title=New SoundHound Chat AI Platform Uses Breakthrough Technology To Offer Powerful Voice Assistant To Businesses and Brands |url=https://www.businesswire.com/news/home/20230323005346/en/New-SoundHound-Chat-AI-Platform-Uses-Breakthrough-Technology-To-Offer-Powerful-Voice-Assistant-To-Businesses-and-Brands |website=www.businesswire.com |access-date=4 October 2024 |date=23 March 2023}}</ref>


==History==
==History==
The company was founded in 2005 by Keyvan Mohajer, an [[Iranian Canadians|Iranian-Canadian]] computer scientist who had founded a number of [[Dot-com bubble|dot com]] ventures before starting SoundHound.<ref>{{cite web | title=Keyvan Mohajer, Soundhound Inc: Profile and Biography | website=Bloomberg.com | date=February 7, 2019 | url=https://www.bloomberg.com/profile/person/16751581 | access-date=December 2, 2020}}</ref>
The company was co-founded in 2005 by Keyvan Mohajer, an [[Iranian Canadians|Iranian-Canadian]] computer scientist and entrepreneur who specializes in voice AI.<ref>{{cite web |last1=Kalinic |first1=Stjepan |title=SoundHound CEO Keyvan Mohajer: Building Technology So Advanced, It Feels Like Magic' |url=https://www.benzinga.com/top-stories/23/12/36242654/soundhound-ceo-keyvan-mohajer-building-technology-so-advanced-it-feels-like-magic |website=Benzinga |access-date=3 October 2024 |date=14 December 2023}}</ref>


In 2009, the company's music discovery app ''Midomi'' was rebranded as SoundHound, but is still available as a web version on midomi.com.<ref>{{cite news|last1=Rollison|first1=Damian|title=Tune identifier SoundHound announces new version with Pandora, tour dates|url=https://venturebeat.com/2010/01/27/tune-identifier-soundhound-announces-version-3-1-with-pandora-tour-dates/|accessdate=1 March 2016|publisher=Venturebeat|date=January 27, 2010}}</ref><ref>{{Cite web|title=Midomi Website|url=https://www.midomi.com/|access-date=2021-06-11|website=www.midomi.com}}</ref> The app grew from 2 million users in January 2010 to 100 million users in September 2012.<ref>{{cite web |last1=Empson |first1=Rip |title=Chasing Shazam, SoundHound Quietly Passes 100M Users, Averaging 200K Downloads/Day |url=https://techcrunch.com/2012/09/20/chasing-shazam-soundhound-quietly-passes-100m-users-averaging-200k-downloadsday/ |website=TechCrunch |access-date=1 October 2024 |date=20 September 2012}}</ref>
In 2009, the company's music discovery app ''Midomi'' was rebranded as SoundHound, but is still available as a web version on midomi.com.<ref>{{cite news|last1=Rollison|first1=Damian|title=Tune identifier SoundHound announces new version with Pandora, tour dates|url=https://venturebeat.com/2010/01/27/tune-identifier-soundhound-announces-version-3-1-with-pandora-tour-dates/|accessdate=1 March 2016|publisher=Venturebeat|date=January 27, 2010}}</ref><ref>{{Cite web|title=Midomi Website|url=https://www.midomi.com/|access-date=2021-06-11|website=www.midomi.com}}</ref> The app grew from 2 million users in January 2010 to 100 million users in September 2012.<ref>{{cite web |last1=Empson |first1=Rip |title=Chasing Shazam, SoundHound Quietly Passes 100M Users, Averaging 200K Downloads/Day |url=https://techcrunch.com/2012/09/20/chasing-shazam-soundhound-quietly-passes-100m-users-averaging-200k-downloadsday/ |website=TechCrunch |access-date=1 October 2024 |date=20 September 2012}}</ref>
Line 31: Line 35:
In December 2015, SoundHound launched a voice AI platform that promised to “add voice-enabled conversational interface to anything,”<ref>{{cite web |last1=Ha |first1=Anthony |title=SoundHound Launches Houndify Platform To Add A Voice Interface To Other Apps And Devices |url=https://techcrunch.com/2015/12/15/soundhound-launches-houndify/ |website=TechCrunch |access-date=1 October 2024 |date=15 December 2015}}</ref> built on the company's proprietary Speech-to-Meaning® and Deep Meaning Understanding® technologies.<ref>{{cite web |title=About SoundHound AI |url=https://www.soundhound.com/about/ |website=soundhound.com |access-date=1 October 2024}}</ref>
In December 2015, SoundHound launched a voice AI platform that promised to “add voice-enabled conversational interface to anything,”<ref>{{cite web |last1=Ha |first1=Anthony |title=SoundHound Launches Houndify Platform To Add A Voice Interface To Other Apps And Devices |url=https://techcrunch.com/2015/12/15/soundhound-launches-houndify/ |website=TechCrunch |access-date=1 October 2024 |date=15 December 2015}}</ref> built on the company's proprietary Speech-to-Meaning® and Deep Meaning Understanding® technologies.<ref>{{cite web |title=About SoundHound AI |url=https://www.soundhound.com/about/ |website=soundhound.com |access-date=1 October 2024}}</ref>


⚫
In 2018, SoundHound Inc. announced partnerships with Hyundai, [[Mercedes-Benz]], and [[Honda]] to provide voice interaction for their products using its Houndify voice AI platform.<ref>{{Cite press release|url=https://www.hyundai.com/worldwide/en/news/news-room/news/hyundai-motor-collaborates-with-soundhound-inc.-to-develop-%25E2%2580%2598intelligent-personal-agent%25E2%2580%2599-voice-control-technology-0000015645|title=Hyundai Motor Collaborates with SoundHound Inc. to Develop 'Intelligent Personal Agent' Voice-Control Technology|website=HYUNDAI MOTORS|language=en|access-date=February 9, 2019}}</ref><ref>{{Cite web|url=http://mbrdna.com/mercedes-benz-new-infotainment-system-mbux/|title=First-look into a new Infotainment System from Mercedes-Benz, MBUX, powered with voice-enabled AI from SoundHound Inc.|date=September 14, 2018|website=MBRDNA|language=en-US|access-date=February 9, 2019|archive-date=February 9, 2019|archive-url=https://web.archive.org/web/20190209123833/http://mbrdna.com/mercedes-benz-new-infotainment-system-mbux/|url-status=dead}}</ref><ref>{{Cite press release|url=http://www.hondainnovations.com/news/hondainnovations-soundhound/|title=Honda R&D Innovations, Inc. {{!}} SoundHound Inc. and Honda Partner on Development of a Voice-Enabled AI Assistant|language=en-US|access-date=February 9, 2019|archive-date=February 9, 2019|archive-url=https://web.archive.org/web/20190209123822/http://www.hondainnovations.com/news/hondainnovations-soundhound/|url-status=dead}}</ref>
By May 2016, SoundHound had over 300 million users globally.<ref>{{Cite web|title = SoundHound now lets you use your voice to find music on the road {{!}} VentureBeat|date = May 17, 2016|url = https://venturebeat.com/2016/05/17/soundhound-now-lets-your-voice-find-music-when-youre-on-the-road}}</ref>


⚫
SoundHound won the 2020 [[Webby Awards|Webby Award]] for Productivity (Voice) in the category Apps, Mobile & Voice.<ref name="Kastrenakes">{{cite web |last1=Kastrenakes |first1=Jacob |title=Here are all the winners of the 2020 Webby Awards |url=https://www.theverge.com/2020/5/20/21263445/2020-webby-awards-winners-lil-nas-x-nasa-jon-krasinski |website=The Verge |accessdate=May 22, 2020 |language=en |date=May 20, 2020}}</ref>
⚫
In 2018, SoundHound Inc. announced partnerships with [[Hyundai Motor Company|Hyundai]], [[Mercedes-Benz]], and [[Honda]] to provide voice interaction for their products using its Houndify voice AI platform.<ref>{{Cite press release|url=https://www.hyundai.com/worldwide/en/news/news-room/news/hyundai-motor-collaborates-with-soundhound-inc.-to-develop-%25E2%2580%2598intelligent-personal-agent%25E2%2580%2599-voice-control-technology-0000015645|title=Hyundai Motor Collaborates with SoundHound Inc. to Develop 'Intelligent Personal Agent' Voice-Control Technology|website=HYUNDAI MOTORS|language=en|access-date=February 9, 2019}}</ref><ref>{{Cite web|url=http://mbrdna.com/mercedes-benz-new-infotainment-system-mbux/|title=First-look into a new Infotainment System from Mercedes-Benz, MBUX, powered with voice-enabled AI from SoundHound Inc.|date=September 14, 2018|website=MBRDNA|language=en-US|access-date=February 9, 2019|archive-date=February 9, 2019|archive-url=https://web.archive.org/web/20190209123833/http://mbrdna.com/mercedes-benz-new-infotainment-system-mbux/|url-status=dead}}</ref><ref>{{Cite press release|url=http://www.hondainnovations.com/news/hondainnovations-soundhound/|title=Honda R&D Innovations, Inc. {{!}} SoundHound Inc. and Honda Partner on Development of a Voice-Enabled AI Assistant|language=en-US|access-date=February 9, 2019|archive-date=February 9, 2019|archive-url=https://web.archive.org/web/20190209123822/http://www.hondainnovations.com/news/hondainnovations-soundhound/|url-status=dead}}</ref>

⚫
SoundHound won the 2020 Webby Award for Productivity (Voice) in the category Apps, Mobile & Voice.<ref name="Kastrenakes">{{cite web |last1=Kastrenakes |first1=Jacob |title=Here are all the winners of the 2020 Webby Awards |url=https://www.theverge.com/2020/5/20/21263445/2020-webby-awards-winners-lil-nas-x-nasa-jon-krasinski |website=The Verge |accessdate=May 22, 2020 |language=en |date=May 20, 2020}}</ref>


On November 16, 2021, SoundHound announced plans to become a public company via a [[Special-purpose acquisition company|SPAC merger]] with Archimedes Tech SPAC Partners Co.<ref>{{Cite web|date=2021-11-16|title=SoundHound Inc., Global Leader in Voice AI Technology, to Become Publicly Traded Through Proposed Merger With Archimedes Tech SPAC Partners Co.|url=https://www.businesswire.com/news/home/20211116005518/en/SoundHound-Inc.-Global-Leader-in-Voice-AI-Technology-to-Become-Publicly-Traded-Through-Proposed-Merger-With-Archimedes-Tech-SPAC-Partners-Co.|access-date=2021-11-16|website=www.businesswire.com|language=en}}</ref>
On November 16, 2021, SoundHound announced plans to become a public company via a [[Special-purpose acquisition company|SPAC merger]] with Archimedes Tech SPAC Partners Co.<ref>{{Cite web|date=2021-11-16|title=SoundHound Inc., Global Leader in Voice AI Technology, to Become Publicly Traded Through Proposed Merger With Archimedes Tech SPAC Partners Co.|url=https://www.businesswire.com/news/home/20211116005518/en/SoundHound-Inc.-Global-Leader-in-Voice-AI-Technology-to-Become-Publicly-Traded-Through-Proposed-Merger-With-Archimedes-Tech-SPAC-Partners-Co.|access-date=2021-11-16|website=www.businesswire.com|language=en}}</ref>
Line 41: Line 43:
On April 28, 2022, the combined company SoundHound AI, Inc. went public, listed under the symbol SOUN on the [[Nasdaq]].<ref>{{cite press release |url=https://www.businesswire.com/news/home/20220427005362/en/SoundHound-Announces-Closing-of-Business-Combination |title=SoundHound Announces Closing of Business Combination |date=27 April 2022}}</ref>
On April 28, 2022, the combined company SoundHound AI, Inc. went public, listed under the symbol SOUN on the [[Nasdaq]].<ref>{{cite press release |url=https://www.businesswire.com/news/home/20220427005362/en/SoundHound-Announces-Closing-of-Business-Combination |title=SoundHound Announces Closing of Business Combination |date=27 April 2022}}</ref>


In 2022, the company terminated 10% of its staff and enforced salary cuts, and it was reported that SoundHound raised less than half of what it originally projected in its SPAC merger deal.<ref>{{Cite web |last=Schubarth |first=Cromwell |date=November 10, 2022 |title=SoundHound is slashing 10% of its staff and cutting the pay of other workers |url=https://www.bizjournals.com/sanjose/news/2022/11/10/soundhound-lays-off-10-of-staff-cuts-pay.html |access-date=2024-05-28 |website=www.bizjournals.com}}</ref> In January 2023, the company laid off approximately 50% of its employees, and offered 2 weeks of severance.<ref>{{Cite web |last=DeGeurin |first=Mack |date=2023-01-13 |title=Voice AI Company SoundHound Lays Off Nearly Half Its Staff and Offers ‘Pitiful’ Severance |url=https://gizmodo.com/soundhound-lays-off-half-employees-pitiful-severance-1849987534 |access-date=2024-07-19 |website=[[Gizmodo]] |language=en-US}}</ref> In April 2023, SoundHound secured $100 million in strategic financing.<ref>{{Cite press release |date=2023-04-17 |title=SoundHound AI Secures $100 Million in Strategic Financing From Atlas Credit Partners |url=https://finance.yahoo.com/news/soundhound-ai-secures-100-million-123000470.html |access-date=2023-07-04 |website=Yahoo Finance |language=en-US}}</ref>
{{anchor|Part about layoffs}}In November 2022, the company laid off 10% of its employees and implemented salary cuts in response to "ongoing economic turmoil across global markets."<ref>{{cite web |last1=Singh |first1=Jagmeet |title=SoundHound, the voice AI platform, lays off 10% of staff citing 'challenging market conditions' |url=https://techcrunch.com/2022/11/10/soundhound-layoffs/ |website=TechCrunch |access-date=3 October 2024 |date=10 November 2022}}</ref> It was also reported that SoundHound secured less than half of the anticipated funds from its SPAC merger deal.<ref>{{Cite web |last=Schubarth |first=Cromwell |date=November 10, 2022 |title=SoundHound is slashing 10% of its staff and cutting the pay of other workers |url=https://www.bizjournals.com/sanjose/news/2022/11/10/soundhound-lays-off-10-of-staff-cuts-pay.html |access-date=2024-05-28 |website=www.bizjournals.com}}</ref> In January 2023, the company reduced its workforce by approximately 50%, and offered two weeks of severance, driven by the need to reassess financial strategies and expedite the company's path to profitability amid evolving market conditions.<ref>{{Cite web |last=DeGeurin |first=Mack |date=2023-01-13 |title=Voice AI Company SoundHound Lays Off Nearly Half Its Staff and Offers 'Pitiful' Severance |url=https://gizmodo.com/soundhound-lays-off-half-employees-pitiful-severance-1849987534 |access-date=2024-07-19 |website=[[Gizmodo]] |language=en-US}}</ref>

In April 2023, SoundHound secured $100 million in strategic financing.<ref>{{Cite press release |date=2023-04-17 |title=SoundHound AI Secures $100 Million in Strategic Financing From Atlas Credit Partners |url=https://www.businesswire.com/news/home/20230417005377/en/ |access-date=2024-10-06 |website=www.businesswire.com |language=en-US}}</ref>

SoundHound's Dynamic Interaction solution was selected as the "Best Use of AI" at the 2023 Automation & Self-Service Awards.<ref>{{cite web |last1=Maras |first1=Elliot |title=Self-Service Innovation Summit honors 2023 Automation & Self-Service Award winners |url=https://www.kioskmarketplace.com/articles/self-service-innovation-summit-honors-2023-automation-self-service-award-winners/ |website=Kiosk Marketplace & Vending Times |access-date=9 October 2024 |date=6 December 2023}}</ref>


In December 2023, SoundHound acquired SYNQ3 Restaurant Solutions, a provider of voice AI for restaurants, for $25 million.<ref>{{Cite web |last=Rossolillo |first=Nicholas |date=2023-12-08 |title=SoundHound AI Bets on the Restaurant Industry -- Is the Stock a Buy Before the End of 2023? |url=https://www.fool.com/investing/2023/12/08/soundhound-ai-bets-on-the-restaurant-industry/ |access-date=2023-12-08 |website=The Motley Fool |language=en}}</ref>
In December 2023, SoundHound acquired SYNQ3 Restaurant Solutions, a provider of voice AI for restaurants, for $25 million.<ref>{{Cite web |last=Rossolillo |first=Nicholas |date=2023-12-08 |title=SoundHound AI Bets on the Restaurant Industry -- Is the Stock a Buy Before the End of 2023? |url=https://www.fool.com/investing/2023/12/08/soundhound-ai-bets-on-the-restaurant-industry/ |access-date=2023-12-08 |website=The Motley Fool |language=en}}</ref>

In 2023-2024, SoundHound partnered with [[White Castle (restaurant)|White Castle]] and [[Jersey Mike's Subs]] to provide AI-enabled drive-thrus and voice AI phone ordering at hundreds of locations.<ref>{{cite web |last1=David |first1=Emilia |title=White Castle will bring more AI to its drive-thrus |url=https://www.theverge.com/2023/8/2/23817406/white-castle-soundhound-ai-sliders |website=The Verge |access-date=9 October 2024 |date=2 August 2023}}</ref><ref>{{cite web |last1=Canham-Clyne |first1=Aneurin |title=Jersey Mike's to use SoundHound's phone AI in at least 50 restaurants |url=https://www.restaurantdive.com/news/jersey-mikes-to-use-soundhounds-phone-ai-in-50-restaurants/705468/ |website=Restaurant Dive |access-date=9 October 2024 |date=25 January 2024}}</ref> The company’s customer base also includes [[Chipotle Mexican Grill|Chipotle]], [[Applebee's|Applebee’s]], [[Habit Burger & Grill|Habit Burger]], [[Noodles & Company]], [[Beef O'Brady's]], and [[Casey's|Casey’s General Stores]].<ref>{{cite web |title=SoundHound AI Eclipses 100 Million Interactions in Restaurant Phone Orders |url=https://www.qsrmagazine.com/news/soundhound-ai-eclipses-100-million-interactions-in-restaurant-phone-orders/ |website=QSR Magazine |access-date=1 November 2024 |date=31 October 2024}}</ref>


In June 2024, SoundHound acquired Allset, a restaurant ordering marketplace founded out of Ukraine.<ref>{{cite press release |title=SoundHound AI Acquires Ordering Platform Allset to Fast-Track Its Vision of a Voice Commerce Ecosystem |url=https://www.businesswire.com/news/home/20240620384616/en/SoundHound-AI-Acquires-Ordering-Platform-Allset-to-Fast-Track-Its-Vision-of-a-Voice-Commerce-Ecosystem |website=www.businesswire.com |access-date=30 September 2024 |language=English |date=20 June 2024}}</ref>
In June 2024, SoundHound acquired Allset, a restaurant ordering marketplace founded out of Ukraine.<ref>{{cite press release |title=SoundHound AI Acquires Ordering Platform Allset to Fast-Track Its Vision of a Voice Commerce Ecosystem |url=https://www.businesswire.com/news/home/20240620384616/en/SoundHound-AI-Acquires-Ordering-Platform-Allset-to-Fast-Track-Its-Vision-of-a-Voice-Commerce-Ecosystem |website=www.businesswire.com |access-date=30 September 2024 |language=English |date=20 June 2024}}</ref>


In July 2024, SoundHound introduced its voice AI assistant in [[Peugeot]], [[Opel]], [[Vauxhall Motors|Vauxhall]], [[Alfa Romeo]], and [[Citroën]] vehicles across Europe.<ref>{{cite web |last1=Vogenthaler |first1=Ashlee |title=SoundHound (SOUN) Drives Forward and Expands Chat AI Feature in Peugeot, Opel, and Vauxhall Vehicles Throughout Europe |url=https://prismmarketview.com/soundhound-soun-drives-forward-and-expands-chat-ai-feature-in-peugeot-opel-and-vauxhall-vehicles-throughout-europe/ |website=Prism MarketView |access-date=30 September 2024 |date=11 July 2024}}</ref><ref>{{cite web |last1=Gibbs |first1=Nick |title=Stellantis adds ChatGPT connection to more models |url=https://www.autonews.com/mobility-report/stellantis-adding-ai-voice-systems-more-models |website=Automotive News |access-date=30 September 2024 |date=8 September 2024}}</ref>
During 2024, SoundHound introduced its voice AI assistant in [[Peugeot]], [[Opel]], [[Vauxhall Motors|Vauxhall]], [[Alfa Romeo]], [[Citroën]], and [[Lancia]] vehicles across Europe.<ref>{{cite web |last1=Vogenthaler |first1=Ashlee |title=SoundHound (SOUN) Drives Forward and Expands Chat AI Feature in Peugeot, Opel, and Vauxhall Vehicles Throughout Europe |url=https://prismmarketview.com/soundhound-soun-drives-forward-and-expands-chat-ai-feature-in-peugeot-opel-and-vauxhall-vehicles-throughout-europe/ |website=Prism MarketView |access-date=30 September 2024 |date=11 July 2024}}</ref><ref>{{cite web |last1=Gibbs |first1=Nick |title=Stellantis adds ChatGPT connection to more models |url=https://www.autonews.com/mobility-report/stellantis-adding-ai-voice-systems-more-models |website=Automotive News |access-date=30 September 2024 |date=8 September 2024}}</ref><ref>{{cite web |last1=Lampinen |first1=Megan |title=Stellantis doubles down on AI digital assistant |url=https://www.automotiveworld.com/articles/stellantis-doubles-down-on-ai-digital-assistant/ |website=Automotive World |access-date=29 October 2024 |date=17 October 2024}}</ref>

In August 2024, SoundHound acquired [[Amelia_(company)|Amelia AI]] for $85 million, aiming to expand its presence in the financial services, insurance, healthcare, retail, and hospitality sectors.<ref>{{cite press release |title=SoundHound AI Acquires Amelia, Significantly Expanding Its Scale and Reach In Conversational AI Across New Verticals and Hundreds of Enterprise Brands |url=https://www.businesswire.com/news/home/20240808316868/en/SoundHound-AI-Acquires-Amelia-Significantly-Expanding-Its-Scale-and-Reach-In-Conversational-AI-Across-New-Verticals-and-Hundreds-of-Enterprise-Brands |website=www.businesswire.com |access-date=30 September 2024 |language=English |date=8 August 2024}}</ref> Following this, Amelia powered [[MUSC Health University Medical Center|MUSC Health’s]] new AI agent for patient appointment management<ref>{{cite web |last1=Brooks |first1=Steve |title=MUSC Health deploys AI Agent Emily to improve patient satisfaction |url=https://www.enterprisetimes.co.uk/2024/08/28/musc-health-deploys-ai-agent-emily-to-improve-patient-satisfaction/ |website=Enterprise Times |access-date=11 October 2024 |date=28 August 2024}}</ref> and received the XCelent Advanced Technology 2024 Award for Retail Banking Solutions.<ref>{{cite web |title=SoundHound AI's Amelia Wins XCelent Advanced Technology 2024 Award for Retail Banking Solutions |url=https://www.businesswire.com/news/home/20241010806606/en/SoundHound-AI%E2%80%99s-Amelia-Wins-XCelent-Advanced-Technology-2024-Award-for-Retail-Banking-Solutions |website=www.businesswire.com |access-date=11 October 2024 |date=10 October 2024}}</ref> In December 2024, Amelia platform has been named a Leader in the 2024 Frost Radar™: Enterprise Conversational AI in Healthcare.<ref>{{cite web |title=SoundHound AI’s Amelia Platform Recognized as Frost Radar™ Leader in Enterprise Conversational AI in Healthcare 2024 |url=https://www.soundhound.com/newsroom/press-releases/soundhound-ais-amelia-platform-recognized-as-frost-radar-leader-in-enterprise-conversational-ai-in-healthcare-2024 |website=soundhound.com |access-date=13 December 2024 |date=12 December 2024}}</ref>

In October 2024, SoundHound won the “Overall Connected Solution of the Year” award in 2024 AutoTech Breakthrough Awards Program for its Chat AI solution, an in-vehicle voice assistant with integrated generative AI technology.<ref>{{cite web |title=2024 WINNERS |url=https://autotechbreakthrough.com/2024-winners/ |website=AutoTech Breakthrough Awards |access-date=11 October 2024}}</ref>


In August 2024, SoundHound acquired Amelia AI for $85 million to expand its reach in vertical industries such as financial services, insurance, healthcare, retail, and hospitality.<ref>{{cite press release |title=SoundHound AI Acquires Amelia, Significantly Expanding Its Scale and Reach In Conversational AI Across New Verticals and Hundreds of Enterprise Brands |url=https://www.businesswire.com/news/home/20240808316868/en/SoundHound-AI-Acquires-Amelia-Significantly-Expanding-Its-Scale-and-Reach-In-Conversational-AI-Across-New-Verticals-and-Hundreds-of-Enterprise-Brands |website=www.businesswire.com |access-date=30 September 2024 |language=English |date=8 August 2024}}</ref>
In November 2024, SoundHound integrated its voice AI into [[Kia]] vehicles in India, including support for the Hindi language.<ref>{{cite web |title=SoundHound AI Delivers “Hey Kia” Voice AI Experience To India As Part of Kia Connect |url=https://www.businesswireindia.com/soundhound-ai-delivers-hey-kia-voice-ai-experience-to-india-as-part-of-kia-connect-92498.html |website=www.businesswireindia.com |access-date=15 November 2024 |date=15 November 2024}}</ref>


==Funding==
==Funding and Nasdaq listing==
According to a June 2015 article, SoundHound Inc. had raised a total of $40 million in funding with investments from [[Global Catalyst Partners]], Translink Capital, Walden Venture Capital, and others.<ref>{{cite news|url=https://blogs.wsj.com/digits/2015/06/02/soundhound-app-emerges-to-take-on-apple-and-google-in-voice-search/|title=SoundHound App Emerges to Take On Apple and Google in Voice Search|date=June 2, 2015|publisher=Wall Street Journal|archive-url=https://web.archive.org/web/20150612042040/https://blogs.wsj.com/digits/2015/06/02/soundhound-app-emerges-to-take-on-apple-and-google-in-voice-search/|archive-date=2015-06-12|last1=Winkler|first1=Rolf|access-date=March 1, 2016|url-status=dead}}</ref> This included $7 million in a Series B funding round the company secured in October 2008, bringing total funds raised to $12 million at that time. The round was led by TransLink Capital with the participation of JAIC America and Series A investor Global Catalyst Partners.<ref>{{Cite web |last=Staff |first=V. C. J. |date=2008-10-08 |title=Melodis Adds $7 Million |url=https://www.venturecapitaljournal.com/melodis-adds-7-million/ |access-date=2023-11-07 |website=Venture Capital Journal |language=en-US}}</ref> In 2009, SoundHound attracted additional funding from Larry Marcus at Walden Venture Capital, who had previously invested in music startups [[Pandora Radio|Pandora]] and [[SNOCAP|Snocap]]. The $4 million funding round was led by Walden Venture Capital VII, with the participation of an unnamed device manufacturer.<ref>{{cite news|last1=Wauters|first1=Robin|title=Music Search Startup SoundHound Partners With Spotify For Instant Streaming|url=https://techcrunch.com/2011/08/25/music-search-startup-soundhound-partners-with-spotify-for-instant-streaming/|accessdate=1 March 2016|publisher=TechCrunch|date=August 25, 2011}}</ref>
According to a June 2015 article, SoundHound Inc. had raised a total of $40 million in funding with investments from [[Global Catalyst Partners]], Translink Capital, Walden Venture Capital, and others.<ref>{{cite news|url=https://blogs.wsj.com/digits/2015/06/02/soundhound-app-emerges-to-take-on-apple-and-google-in-voice-search/|title=SoundHound App Emerges to Take On Apple and Google in Voice Search|date=June 2, 2015|publisher=Wall Street Journal|archive-url=https://web.archive.org/web/20150612042040/https://blogs.wsj.com/digits/2015/06/02/soundhound-app-emerges-to-take-on-apple-and-google-in-voice-search/|archive-date=2015-06-12|last1=Winkler|first1=Rolf|access-date=March 1, 2016|url-status=dead}}</ref> This included $7 million in a Series B funding round the company secured in October 2008, bringing total funds raised to $12 million at that time. The round was led by TransLink Capital with the participation of JAIC America and Series A investor Global Catalyst Partners.<ref>{{Cite web |last=Staff |first=V. C. J. |date=2008-10-08 |title=Melodis Adds $7 Million |url=https://www.venturecapitaljournal.com/melodis-adds-7-million/ |access-date=2023-11-07 |website=Venture Capital Journal |language=en-US}}</ref> In 2009, SoundHound attracted additional funding from Larry Marcus at Walden Venture Capital, who had previously invested in music startups [[Pandora Radio|Pandora]] and [[SNOCAP|Snocap]]. The $4 million funding round was led by Walden Venture Capital VII, with the participation of an unnamed device manufacturer.<ref>{{cite news|last1=Wauters|first1=Robin|title=Music Search Startup SoundHound Partners With Spotify For Instant Streaming|url=https://techcrunch.com/2011/08/25/music-search-startup-soundhound-partners-with-spotify-for-instant-streaming/|accessdate=1 March 2016|publisher=TechCrunch|date=August 25, 2011}}</ref>


Line 62: Line 74:
==See also==
==See also==
* [[Artificial intelligence]]
* [[Artificial intelligence]]
* [[Generative artificial intelligence]]
* [[Speech recognition]]
* [[Speech recognition]]
* [[Natural-language understanding|Natural language understanding]]
* [[Natural-language understanding|Natural language understanding]]
* [[Query by humming]]
* [[Shazam (music app)|Shazam]]


==References==
==References==

Latest revision as of 09:20, 13 December 2024

Not to be confused with SoundCloud.

SoundHound AI, Inc.
Company typePublic
Nasdaq: SOUN
Industry
FoundedSeptember 2005; 19 years ago (2005-09)
Founder
  • Keyvan Mohajer
  • Majid Emami
  • James Hom
HeadquartersSanta Clara, California, United States
Key people
Keyvan Mohajer (CEO)
Mike Zagorsek (COO)
Tim Stonehocker (CTO)
Nitesh Sharan (CFO)
Products
  • SoundHound Chat AI
  • Smart Answering
  • Smart Ordering
  • Dynamic Drive Thru
RevenueIncrease US$45.9 million (2023)
Number of employees
700 (2024)
Websitesoundhound.com
Footnotes / references
[1]

SoundHound AI, Inc. (Nasdaq: SOUN) is a voice artificial intelligence (AI) company founded in 2005. It is headquartered in Santa Clara, California. SoundHound provides a voice AI platform that enables businesses to offer customized conversational experiences to consumers.[2]

SoundHound's technologies are used in a variety of voice-enabled products and services, primarily in automotive, TV, IoT, restaurant, customer service, healthcare, finance, and retail industries.[3] The company holds more than 250 technology patents[4] and supports voice AI in 25 languages.[5]

SoundHound offers a range of AI-driven products, including Smart Answering,[6] Smart Ordering,[7] Dynamic Drive Thru,[8] and SoundHound Chat AI, a voice assistant incorporating generative AI technology.[9]

History

[edit]

The company was co-founded in 2005 by Keyvan Mohajer, an Iranian-Canadian computer scientist and entrepreneur who specializes in voice AI.[10]

In 2009, the company's music discovery app Midomi was rebranded as SoundHound, but is still available as a web version on midomi.com.[11][12] The app grew from 2 million users in January 2010 to 100 million users in September 2012.[13]

In 2015, SoundHound became the first music recognition service shipping in cars, in a partnership with Hyundai, in the new Genesis model.[14]

In December 2015, SoundHound launched a voice AI platform that promised to “add voice-enabled conversational interface to anything,”[15] built on the company's proprietary Speech-to-Meaning® and Deep Meaning Understanding® technologies.[16]

In 2018, SoundHound Inc. announced partnerships with Hyundai, Mercedes-Benz, and Honda to provide voice interaction for their products using its Houndify voice AI platform.[17][18][19]

SoundHound won the 2020 Webby Award for Productivity (Voice) in the category Apps, Mobile & Voice.[20]

On November 16, 2021, SoundHound announced plans to become a public company via a SPAC merger with Archimedes Tech SPAC Partners Co.[21]

On April 28, 2022, the combined company SoundHound AI, Inc. went public, listed under the symbol SOUN on the Nasdaq.[22]

In November 2022, the company laid off 10% of its employees and implemented salary cuts in response to "ongoing economic turmoil across global markets."[23] It was also reported that SoundHound secured less than half of the anticipated funds from its SPAC merger deal.[24] In January 2023, the company reduced its workforce by approximately 50%, and offered two weeks of severance, driven by the need to reassess financial strategies and expedite the company's path to profitability amid evolving market conditions.[25]

In April 2023, SoundHound secured $100 million in strategic financing.[26]

SoundHound's Dynamic Interaction solution was selected as the "Best Use of AI" at the 2023 Automation & Self-Service Awards.[27]

In December 2023, SoundHound acquired SYNQ3 Restaurant Solutions, a provider of voice AI for restaurants, for $25 million.[28]

In 2023-2024, SoundHound partnered with White Castle and Jersey Mike's Subs to provide AI-enabled drive-thrus and voice AI phone ordering at hundreds of locations.[29][30] The company’s customer base also includes Chipotle, Applebee’s, Habit Burger, Noodles & Company, Beef O'Brady's, and Casey’s General Stores.[31]

In June 2024, SoundHound acquired Allset, a restaurant ordering marketplace founded out of Ukraine.[32]

During 2024, SoundHound introduced its voice AI assistant in Peugeot, Opel, Vauxhall, Alfa Romeo, Citroën, and Lancia vehicles across Europe.[33][34][35]

In August 2024, SoundHound acquired Amelia AI for $85 million, aiming to expand its presence in the financial services, insurance, healthcare, retail, and hospitality sectors.[36] Following this, Amelia powered MUSC Health’s new AI agent for patient appointment management[37] and received the XCelent Advanced Technology 2024 Award for Retail Banking Solutions.[38] In December 2024, Amelia platform has been named a Leader in the 2024 Frost Radar™: Enterprise Conversational AI in Healthcare.[39]

In October 2024, SoundHound won the “Overall Connected Solution of the Year” award in 2024 AutoTech Breakthrough Awards Program for its Chat AI solution, an in-vehicle voice assistant with integrated generative AI technology.[40]

In November 2024, SoundHound integrated its voice AI into Kia vehicles in India, including support for the Hindi language.[41]

Funding and Nasdaq listing

[edit]

According to a June 2015 article, SoundHound Inc. had raised a total of $40 million in funding with investments from Global Catalyst Partners, Translink Capital, Walden Venture Capital, and others.[42] This included $7 million in a Series B funding round the company secured in October 2008, bringing total funds raised to $12 million at that time. The round was led by TransLink Capital with the participation of JAIC America and Series A investor Global Catalyst Partners.[43] In 2009, SoundHound attracted additional funding from Larry Marcus at Walden Venture Capital, who had previously invested in music startups Pandora and Snocap. The $4 million funding round was led by Walden Venture Capital VII, with the participation of an unnamed device manufacturer.[44]

In January 2017, the company raised another $75 million in an investment round that included Nvidia, Samsung, Kleiner Perkins Caulfield & Byers, and others.[45]

As of January 2018, the valuation of the company had reached $1 billion.[46] Announced in May 2018, SoundHound raised $100 million from a funding round led by Tencent and joined by Daimler AG, Hyundai Motors, Midea Group, and Orange S.A.[47]

In November 2021, Soundhound first announced the merger with Archimedes Tech SPAC Partners Co to go public with $2.1B valuation, with $111 million of investments from Oracle, Qatar First Bank, Koch Industries, and MKaNN Ventures, Cota Capital, VIZIO, HTC, FIH Mobile (a Foxconn Technology Group company), and others. The transaction closed in April 2022.[48][49]

See also

[edit]

References

[edit]
  1. ^ "SoundHound AI, Inc. 2023 Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. March 1, 2024.
  2. ^ "Houndify Voice AI Powers a World of Voice-Enabled Products—Project Voice Worldwide 2021". YouTube. May 8, 2021. Retrieved October 4, 2024.
  3. ^ "10-K Annual Report Fri Mar 01 2024". Last10K.com. Retrieved October 4, 2024.
  4. ^ "SoundHound Patents – Insights & Stats (Updated 2024)". Insights;Gate. Retrieved October 4, 2024.
  5. ^ Yu, Jea (February 8, 2023). "Is SoundHound Voice AI the Next Big Thing?". The Globe and Mail. Retrieved October 4, 2024.
  6. ^ "Demo: SoundHound for Restaurants Smart Answering — Never Miss a Call". YouTube. May 1, 2023. Retrieved October 4, 2024.
  7. ^ Lucas, Peter (May 5, 2023). "Presto Rolls Out Voice Ordering; SoundHound Integrates Voice Ordering With Oracle's POS". Digital Transactions. Retrieved October 4, 2024.
  8. ^ Godwin, Cody (December 2, 2022). "Does the future of drive-thrus look less human? AI software shows off order-taking skills". USA TODAY. Retrieved October 4, 2024.
  9. ^ "New SoundHound Chat AI Platform Uses Breakthrough Technology To Offer Powerful Voice Assistant To Businesses and Brands". www.businesswire.com. March 23, 2023. Retrieved October 4, 2024.
  10. ^ Kalinic, Stjepan (December 14, 2023). "SoundHound CEO Keyvan Mohajer: Building Technology So Advanced, It Feels Like Magic'". Benzinga. Retrieved October 3, 2024.
  11. ^ Rollison, Damian (January 27, 2010). "Tune identifier SoundHound announces new version with Pandora, tour dates". Venturebeat. Retrieved March 1, 2016.
  12. ^ "Midomi Website". www.midomi.com. Retrieved June 11, 2021.
  13. ^ Empson, Rip (September 20, 2012). "Chasing Shazam, SoundHound Quietly Passes 100M Users, Averaging 200K Downloads/Day". TechCrunch. Retrieved October 1, 2024.
  14. ^ "Hyundai and Kia tap SoundHound to help you identify music in your car". Engadget. January 14, 2014. Retrieved June 5, 2015.
  15. ^ Ha, Anthony (December 15, 2015). "SoundHound Launches Houndify Platform To Add A Voice Interface To Other Apps And Devices". TechCrunch. Retrieved October 1, 2024.
  16. ^ "About SoundHound AI". soundhound.com. Retrieved October 1, 2024.
  17. ^ "Hyundai Motor Collaborates with SoundHound Inc. to Develop 'Intelligent Personal Agent' Voice-Control Technology". HYUNDAI MOTORS (Press release). Retrieved February 9, 2019.
  18. ^ "First-look into a new Infotainment System from Mercedes-Benz, MBUX, powered with voice-enabled AI from SoundHound Inc". MBRDNA. September 14, 2018. Archived from the original on February 9, 2019. Retrieved February 9, 2019.
  19. ^ "Honda R&D Innovations, Inc. | SoundHound Inc. and Honda Partner on Development of a Voice-Enabled AI Assistant" (Press release). Archived from the original on February 9, 2019. Retrieved February 9, 2019.
  20. ^ Kastrenakes, Jacob (May 20, 2020). "Here are all the winners of the 2020 Webby Awards". The Verge. Retrieved May 22, 2020.
  21. ^ "SoundHound Inc., Global Leader in Voice AI Technology, to Become Publicly Traded Through Proposed Merger With Archimedes Tech SPAC Partners Co". www.businesswire.com. November 16, 2021. Retrieved November 16, 2021.
  22. ^ "SoundHound Announces Closing of Business Combination" (Press release). April 27, 2022.
  23. ^ Singh, Jagmeet (November 10, 2022). "SoundHound, the voice AI platform, lays off 10% of staff citing 'challenging market conditions'". TechCrunch. Retrieved October 3, 2024.
  24. ^ Schubarth, Cromwell (November 10, 2022). "SoundHound is slashing 10% of its staff and cutting the pay of other workers". www.bizjournals.com. Retrieved May 28, 2024.
  25. ^ DeGeurin, Mack (January 13, 2023). "Voice AI Company SoundHound Lays Off Nearly Half Its Staff and Offers 'Pitiful' Severance". Gizmodo. Retrieved July 19, 2024.
  26. ^ "SoundHound AI Secures $100 Million in Strategic Financing From Atlas Credit Partners". www.businesswire.com (Press release). April 17, 2023. Retrieved October 6, 2024.
  27. ^ Maras, Elliot (December 6, 2023). "Self-Service Innovation Summit honors 2023 Automation & Self-Service Award winners". Kiosk Marketplace & Vending Times. Retrieved October 9, 2024.
  28. ^ Rossolillo, Nicholas (December 8, 2023). "SoundHound AI Bets on the Restaurant Industry -- Is the Stock a Buy Before the End of 2023?". The Motley Fool. Retrieved December 8, 2023.
  29. ^ David, Emilia (August 2, 2023). "White Castle will bring more AI to its drive-thrus". The Verge. Retrieved October 9, 2024.
  30. ^ Canham-Clyne, Aneurin (January 25, 2024). "Jersey Mike's to use SoundHound's phone AI in at least 50 restaurants". Restaurant Dive. Retrieved October 9, 2024.
  31. ^ "SoundHound AI Eclipses 100 Million Interactions in Restaurant Phone Orders". QSR Magazine. October 31, 2024. Retrieved November 1, 2024.
  32. ^ "SoundHound AI Acquires Ordering Platform Allset to Fast-Track Its Vision of a Voice Commerce Ecosystem". www.businesswire.com (Press release). June 20, 2024. Retrieved September 30, 2024.
  33. ^ Vogenthaler, Ashlee (July 11, 2024). "SoundHound (SOUN) Drives Forward and Expands Chat AI Feature in Peugeot, Opel, and Vauxhall Vehicles Throughout Europe". Prism MarketView. Retrieved September 30, 2024.
  34. ^ Gibbs, Nick (September 8, 2024). "Stellantis adds ChatGPT connection to more models". Automotive News. Retrieved September 30, 2024.
  35. ^ Lampinen, Megan (October 17, 2024). "Stellantis doubles down on AI digital assistant". Automotive World. Retrieved October 29, 2024.
  36. ^ "SoundHound AI Acquires Amelia, Significantly Expanding Its Scale and Reach In Conversational AI Across New Verticals and Hundreds of Enterprise Brands". www.businesswire.com (Press release). August 8, 2024. Retrieved September 30, 2024.
  37. ^ Brooks, Steve (August 28, 2024). "MUSC Health deploys AI Agent Emily to improve patient satisfaction". Enterprise Times. Retrieved October 11, 2024.
  38. ^ "SoundHound AI's Amelia Wins XCelent Advanced Technology 2024 Award for Retail Banking Solutions". www.businesswire.com. October 10, 2024. Retrieved October 11, 2024.
  39. ^ "SoundHound AI's Amelia Platform Recognized as Frost Radar™ Leader in Enterprise Conversational AI in Healthcare 2024". soundhound.com. December 12, 2024. Retrieved December 13, 2024.
  40. ^ "2024 WINNERS". AutoTech Breakthrough Awards. Retrieved October 11, 2024.
  41. ^ "SoundHound AI Delivers "Hey Kia" Voice AI Experience To India As Part of Kia Connect". www.businesswireindia.com. November 15, 2024. Retrieved November 15, 2024.
  42. ^ Winkler, Rolf (June 2, 2015). "SoundHound App Emerges to Take On Apple and Google in Voice Search". Wall Street Journal. Archived from the original on June 12, 2015. Retrieved March 1, 2016.
  43. ^ Staff, V. C. J. (October 8, 2008). "Melodis Adds $7 Million". Venture Capital Journal. Retrieved November 7, 2023.
  44. ^ Wauters, Robin (August 25, 2011). "Music Search Startup SoundHound Partners With Spotify For Instant Streaming". TechCrunch. Retrieved March 1, 2016.
  45. ^ Yeung, Ken (January 31, 2017). "SoundHound raises $75 million to expand access to its Houndify voice-powered platform". VentureBeat.com. VentureBeat. Retrieved January 31, 2017.
  46. ^ Schleifer, Theodore (January 24, 2018). "SoundHound, once just a music-recognition app, is now a billion dollar company". recode. Archived from the original on January 25, 2018. Retrieved September 8, 2023.
  47. ^ Lynley, Matthew (May 3, 2018). "SoundHound has raised a big $100M round to take on Alexa and Google Assistant". TechCrunch. Retrieved September 21, 2018.
  48. ^ "INSERTING and REPLACING SoundHound Inc., Global Leader in Voice AI Technology, to Become Publicly Traded Through Proposed Merger With Archimedes Tech SPAC Partners Co". www.businesswire.com (Press release). November 16, 2021. Retrieved January 16, 2022.
  49. ^ "Qatar First Bank invests in US-based voice AI firm, SoundHound - NNR". NewsnReleases (Press release). November 28, 2021. Retrieved January 16, 2022.
[edit]
  • Business data for SoundHound AI, Inc.:
Retrieved from "https://en.wikipedia.org/enwiki/w/index.php?title=SoundHound&oldid=1262825828"