SOUNSoundHound AI, Inc.BATS:SOUNShavyfxhubSoundHound AI — Company Overview and Latest Developments (July 2025) What Is SoundHound AI? SoundHound AI, Inc. (Nasdaq: SOUN) is a leading voice artificial intelligence (AI) company headquartered in Santa Clara, California. Founded in 2005 by Stanford graduates, it has evolved from music recognition app Midomi (later rebranded SoundHound) to a global innovator in conversational voice AI. What Does SoundHound Do? The company develops an independent voice AI platform that powers conversational interfaces for businesses across automotive, TV, IoT, restaurant, customer service, healthcare, retail, finance, and more. SoundHound's platform allows enterprises to create custom voice assistants, voice-enable products, deliver hands-free customer service, and gather valuable conversational analytics. Key Products and Technologies Product/TechnologyWhat It Does Houndify PlatformSuite of APIs, SDKs, and tools for building custom voice and conversational assistants for enterprise, auto, and consumer tech. SoundHound Chat AIAdvanced conversational assistant integrating generative AI and real-time data (weather, stocks, restaurants, etc.). Smart OrderingAI-driven ordering for restaurants (drive-thru, kiosk, phone, and in-car). Dynamic Drive ThruEnd-to-end voice interactions for fast-food and QSR environments. Smart AnsweringAutomated, always-available phone agent for customer calls. Voice CommerceEcosystem for ordering, payments, and pickup, notably powering new in-vehicle ordering. Employee AssistAI agent to help staff with information, ordering, and support tasks. Tech StackProprietary Speech-to-Meaning®, Deep Meaning Understanding®, Natural Language Understanding (NLU), ASR, TTS, Edge/Cloud. Supports 25 languages and holds over 250 patents in conversational AI technologies. Branded wake words, cloud/edge integration, and automatic content recognition are key differentiators. Recent News & Major Highlights (2025) CES 2025 Launch: Unveiled the industry’s first in-vehicle voice assistant enabling on-the-go food ordering—lets drivers order and pay for meals directly from car infotainment systems. Restaurant Industry Expansion: Live demos at the National Restaurant Association Show showcased drive-thru, phone, kiosk, and in-car voice ordering, with AI now powering ordering in 10,000+ restaurant locations. Acquisitions: Recently acquired Amelia (enterprise automation software) and Synq3 Restaurant Solutions, boosting its capabilities and reach in both enterprise and hospitality sectors. Automotive & Enterprise Traction: Now in 20+ auto brands and sectors like healthcare, finance, and utilities, with strategic partnerships like OpenAI-powered voice AI in Stellantis vehicles. Financial Growth: Company reports strong cash position ($200M, no debt), expects EBITDA positivity by year-end, and projects robust growth with expanding voice commerce opportunities. Revenue Model and Growth SoundHound's business relies on royalty licensing (hardware voice enablement), recurring subscriptions (for services like restaurant AI), and voice commerce (cut from voice-enabled orders), with growing adoption in cars, devices, and quick-service restaurants. Summary: SoundHound AI is a top player in the conversational AI space, voice-enabling products and services for enterprises worldwide, especially in automotive, retail, and hospitality. Its latest innovations—like in-car food ordering and expanded restaurant solutions—reflect aggressive growth and increasing real-world impact for AI-powered voice technology