Speech recognition specialist SoundHound AI Inc. (NASDAQ: SOUN) has experienced a remarkable surge in 2024, with its stock price rising by 134.2% year-to-date. This growth is largely attributed to strategic initiatives, particularly the acquisition of Amelia AI for $80 million. Amelia's conversational and generative AI capabilities are expected to significantly enhance SoundHound's product offerings, enabling expansion into new sectors such as financial services, insurance, and healthcare. This acquisition ...