Reported about 1 year ago
Looking for a potential home-run investment in the artificial intelligence (AI) sector? SoundHound AI (NASDAQ: SOUN) stands out as a strong candidate supported by Nvidia (NASDAQ: NVDA). SoundHound's audio recognition technology is making waves in automation for restaurants and automobiles, offering a promising value proposition for customers. However, despite impressive revenue growth, SoundHound's financials show significant losses and an unsustainable operating model. Despite the risks, investing in SoundHound could hold potential, but caution and small position sizing are advised due to the stock's high valuation and uncertain future.
Source: YAHOO