Wall Street Analysts Are Bullish on This Artificial Intelligence (AI) Stock. Here's Why I'm Not.
SoundHound AI(SOUN) The Motley Fool·2024-07-31 18:15
An impressive client list and a partnership with Nvidia may be insufficient to save this stock.After years of struggle, SoundHound AI (SOUN 3.56%) seems to have found its place in the tech industry. As the company settles on becoming a leader in voice recognition software, it has won contracts from various companies and an investment from AI chip leader Nvidia.Despite those successes, SoundHound faces ongoing losses and significant difficulties on the financial side of the business. Given the severity of th ...