SoundHound AI Inc (SOUN)

[hedge_fun]

The CTO sold 208,000 shares at $5.75.......

It was about 25% of his holdings.

She's had a good pop, so why not take $1M off the table. He also sold $66K worth last month.

https://www.sec.gov/Archives/edgar/data/1840856/000156218024005733/xslF345X05/primarydocument.xml

https://www.sec.gov/Archives/edgar/data/1840856/000192047524000006/xsl144X01/primary_doc.xml

[uksausage]

the CTO sold 208,000 shares, open market transaction not share options. still has over 600,000 shares

[fwb]

Try this place
https://www.sec.gov/search-filings

[Here Today]

SoundHound AI, Inc. (Nasdaq: SOUN) (“SoundHound”), a global leader in voice artificial intelligence, and Beef 'O' Brady's, the family sports bar and grill chain, today announced a collaboration to enable customers to place phone orders for pick-up via a sophisticated voice AI ordering system. The popular restaurant chain operates in more than 20 states across the US.

[Moonboy1]

Can anyone tell me what this Form 4 filing says. It's just a bunch of blank pages when I try and view it. Did someone inside buy or sell shares from the company? Or is it more dilution?

[fwb]

The Downfall with VOICE AI on phones is they give you a hard time trying to talk to a rep.
That is NOT the AI FAULT, it is the company using it that way....
The old line from the Roger Rabbit Movie:
I'm not bad, I was just drawn that way

[fwb]

OK don't add anymore
I believe that SOUN would be more complete as a AI company with BOTH (V & F)
and they should look into acquiring or partnering with any company that will help them grow.
I also believe that is why NIVDIA took a minority interest in SOUN.
We have different investing styles, I'm sure yours has served you well, so has mine...

[uksausage]

still no closer to having a use case that would apply facial recognition as a feature for SoundHoundAI powered systems.

so Pangiam has recognition in 103 nanoseconds - so what?

I am sure there will be some applications just waiting fro some one to identify them. The next bowling pins has to be other auto manufacturers and entertainment system suppliers.

[fwb]

Go to Pangiam website and read about it.... To many reasons

[uksausage]

please explain what their use case for facial recognition is?

They power the in car entertainment systems, if they detected you grimacing is that because the. music is bad, the news is bad or you saw some idiot stepping into the road?

[fwb]

SOUN has the VOICE RECOGNITION now they need to add FACIAL RECOGNITION....

[harry crumb]

Out, we’l wait for another 3$ buy in

[The Night Stalker]

https://www.stockscores.com/charts/charts/?ticker=soun

[fwb]

SOUNDS good
I'm sure you will make up somebodies MIND.
I already bought my fill...
GLTU

[Moonboy1]

The magic 8 ball says it's going to $10 without dilution. They filed for the ability to dilute a while back.

[fwb]

If this is you first venture into AI
take a look at the following
BUT do your RESEARCH
Low PPS BBai
Mid PPS PLTR
Large PPS there are a few:
AMZN .... (More then an E-Com company)
NVIDIA - leader of the pack and SHAREHOLDER in SOUN......
MSFT - (in the Software domain, but PLTR is ahead of them)
In CHINA it's BABA, they are coming on Strong (Asian Market) and growing fast in AI

[fwb]

First you say in your opinion
SOUN is going to $10.00
Now you say you are worried about dilution?

Which is it?

[fwb]

If you have to ask,,,,,,,
Don't buy........
Do MORE RESEARCH.
Not all AI have a Future....
Look at those that will help with the Day to day Problems in society.....
Companies that work with Gov and Business to help improve their goals.....
JMO

[Moonboy1]

Anybodies guess now. I'm more worried about dilution than anything else.

[Vettelover98]

Looks like it might be past time to buy.

[bwrbad]

is it ok to buy now or it is in P&D mode

[Moonboy1]

This is going back to $10 in my opinion.

[fwb]

If it does, it maybe NVIDIA....But I don't see it

[harry crumb]

Another pop, might sell half again $$$$!

[Vettelover98]

Just what I heard.

[mtsr]

Why dose everyone think they will get bought out I have seen nothing indicating that .

[fwb]

" AI’s like a shooting star—it’s here to dazzle and transform our world! "
correctamundo, Just don't invest in any "Pig in a Poke AI scam"

Yes AI that can solve some of the Day to Day PROBLEMS will transform our world,
The rest will fade into history

[MagicSchoolBus DropOut]

Ah, the stock market—a place where fortunes rise and fall faster than a squirrel on a caffeine binge!

So, here’s my tale: I had this stop limit buy at $3.50, right? But then it decided to take a detour to $3.88. It’s like ordering a pizza with extra cheese and getting a salad instead.

Now, I’m out, but I’ve got my trusty belief hat on. I’ve been eyeing this stock, thinking, “Hey, maybe it’ll cool off to a level where I can jump back in.”

It’s like waiting for the perfect wave—you don’t want to wipe out, but you also don’t want to miss the ride.

And let me tell you, SOUN? It’s shining brighter than a disco ball at a robot dance party!

But hey, the AI market is doing its own cha-cha too. Did you know it’s projected to reach a whopping $407 billion by 2027? That’s like buying a ticket to the future!

And AI’s economic impact? It’s strutting in like a boss, contributing 21% net increase to the U.S. GDP by 2030.

But watch out—over 75% of consumers are side-eyeing AI, worried about misinformation.

Meanwhile, ChatGPT is the life of the party, with 1 million users in its first five days!

And self-driving cars? Buckle up, because 10% of vehicles will be channeling their inner KITT from Knight Rider.

Businesses are doing the productivity tango, expecting AI to boost their game by 64%.

Voice search? Oh, it’s the cool kid on the block—50% of U.S. mobile users are all ears!

And that annual growth rate? AI’s strapping on rocket boots, aiming for 37.3% between 2023 and 2030.

So, my friend, keep those eyes peeled. AI’s like a shooting star—it’s here to dazzle and transform our world!

-MSBDO

[harry crumb]

Bought in 4.50, looking good $$$$$

[TrendTrade2016]

SOUN ON THE MOVE

[fwb]

To early IMO.
Soun MC is under 2 Billion.
5x maybe.....

[Vettelover98]

What’s guess on the share price if they get acquired?

[fwb]

Now we Know why SOUN did what they Did in teaming up with Perplexity AI
SoundHound Chat AI Launches in Peugeot, Opel, and Vauxhall Vehicles Throughout Europe
Perplexity AI founded in 2022 by former members of OpenAI, Meta, Quora, Bing and Databricks, Perplexity AI is the builder of the world’s first generally available conversational answer engine that draws from credible sources in real-time and directly answers users’ questions with sourcing and citations. The company’s mission is to give people access to concise and trustworthy information.

Aristotle: 'The whole is more than the sum of its parts.'

[fwb]

SoundHound Chat AI Launches in Peugeot, Opel, and Vauxhall Vehicles Throughout Europe

https://ih.advfn.com/stock-market/NASDAQ/soundhound-ai-SOUN/stock-news/94172906/soundhound-chat-ai-launches-in-peugeot-opel-and

[fwb]

Not going to Happen.....
If they need MONEY
NVIDIA will BUY more SHARES of the COMPANY..
Before another AI (like AMZN that has ALEXA) company does

[Moonboy1]

Hopefully we don't wake up with a new share offering.

[fwb]

SOUN will be in Japanese Cars soon
Detroit is always last, just like their 4 cylinder engine in the 70's
No stopping SOUN now

[fwb]

Added more under $5.00 earlier today
I might sell them back at $5.00 and wait to see how this play out
DCA is now up to $4.00 PPS

[3antar]

This is just the beginning

[fwb]

SoundHound AI Acquires Ordering Platform Allset to Fast-Track Its Vision of a Voice Commerce Ecosystem

We ALL know that McDonald's will stop using artificial intelligence to take drive-thru orders by the end of July to figure out a "future voice ordering solution by the end of the year," according to multiple reports.
I wonder what LURKS in the minds of NVIDIA.....The Shadow Knows

If ONLY NVIDIA had a Voice Commerce Ecosystem.....
But they did PARTNER with one that does.........

[peanutz]

That was my guess . Just for the patents alone . 4 dollars a share is cheap . Only need 50.1 % to control.

[peanutz]

Very deep pockets . Soun on watch

[fwb]

NVIDIA owns shares in SOUN. iF ANY Company acquires them it will be NVIDIA

[Here Today]

To me it smells like a takeover/buyout is imminent!!!!

[Here Today]

I feel and my opinion is that something huge is around the corner now that all outstanding debt has been repaid and all Preferred Shares have been redeemed for Common Shares!

[Here Today]

New 8K filed this am.

[hssbwwmp]

What is the potential positive impact of SOUN's recent partnership with Perplexity? Looks like Perplexity is getting a lot of interest/investment from Softbank, so we'll see if that has any impact on SOUN.

See links below.

https://www.soundhound.com/newsroom/press-releases/soundhound-ai-and-perplexity-partner-to-bring-online-llms-to-its-next-gen-voice-assistants-across-cars-and-iot-devices/

https://finance.yahoo.com/news/softbank-invest-search-startup-perplexity-043717472.html

[peanutz]

Short answer is maybe after their acquisition . On watch here

[fwb]

Who let the DOGS in?
Mickey d's dump IBM VOICE recognition......
Will this OPEN the door for the SOUND HOUND?

[tw0122]

One 2023 TikTok, appears to show the drive-thru assistant place order after order of McDonald’s chicken nuggets on one car’s tab, despite the customers asking it to stop while laughing. Additional posts show an array of other mishaps — such as it adding strange extras, like ice cream with ketchup and butter, or picking up orders from other nearby cars.

Unnamed sources familiar with the technology told CNBC that the technology has had difficulty interpreting different accents and dialects, among other challenges affecting order accuracy.

McDonald's declined to comment about the automated order taker's accuracy. In an initial statement, IBM said that “this technology is proven to have some of the most comprehensive capabilities in the industry, fast and accurate in some of the most demanding conditions," but did not immediately respond to a request for further comment about specifics of potential challenges.

The Armonk, New York-based tech company also said that it is currently “in discussions and pilots” with several other quick-serve restaurant clients interested in the automated order taker.

According to trade publication Restaurant Business and CNBC, which obtained a memo sent to franchisees last week, the automated order technology will be shut off in McDonald's locations testing it “no later than July 26, 2024.”

Both IBM and McDonald’s maintained that, while their AI drive-thru partnership was ending, the two would continue their relationship on other projects. McDonald's said that it still plans to use many of IBM’s products across its global system.

In December, McDonald's launched a multi-year partnership with Google Cloud. In addition to moving restaurant computations from servers into the cloud, the partnership is also set to apply generative AI “across a number of key business priorities” in restaurants around the world.