Reported 2 months ago
SoundHound AI's recent acquisition of AI firm Amelia for $80 million has propelled its stock prices following a strong second quarter, with revenue increasing 54% to $13.5 million. The acquisition aims to expand SoundHound's reach into new markets, increasing projected revenues for the coming years. However, the stock remains speculative as it trades at a high valuation, leading to questions about whether it's too late to invest.
Source: YAHOO