10 Buzzing AI Stocks on Latest News and Ratings

8. SoundHound AI (NASDAQ:SOUN)

Number of Hedge Fund Holders: 11

SoundHound AI (NASDAQ:SOUN) is a voice artificial intelligence company offering voice AI solutions to businesses. On January 2nd, SoundHound AI announced that Lucid, a company that develops advanced electric vehicles, has launched the Lucid assistant. The Lucid Assistant, powered by the cutting-edge voice platform “SoundHound Chat AI”, is a new hands-free voice assistant that allows customers to control various vehicle functions through speech. The integration of generative AI technology through SoundHound Chat AI used in Lucid Assistant will allow drivers to enhance their user experience through interactive knowledge discovery, real-time data, and effortless in-vehicle controls. SoundHound’s proprietary technology allows Lucid Assistant to respond to the wake words “Hey Lucid”, ask questions in a conversational tone, and receive accurate responses. The voice assistant is also capable of answering almost any question about the vehicle’s functionality and allows drivers to control critical features like navigation.

“Lucid is one of the most exciting automakers in the world, so it stands to reason they are launching this pioneering new voice AI assistant. We believe that SoundHound’s best-in-class voice technology opens up unlimited new opportunities for both drivers and OEMs, and will fundamentally change the way we interact with our vehicles into the future.”

-Michael Zagorsek, COO of SoundHound AI.