06.01.2025 13:15:00
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Is SoundHound AI Stock a Buy Now?
There may not be a hotter stock heading into 2025 than SoundHound AI (NASDAQ: SOUN). SoundHound AI rose 836% in 2024, making it one of the best-performing stocks in the market. Just a few weeks ago, it was up over 1,000%, but a pullback to end the year took away some of those gains.With the stock falling nearly 20% from its all-time highs, some investors might see this pullback as an entry opportunity. While there are some key risks to understand with SoundHound, this could be a chance to get in on the stock before it heads higher.SoundHound AI is obviously an AI company, but what sets it apart is how it inputs data into the AI model. Most generative AI models require users to input text into the program to get an output. SoundHound uses audio inputs to do this, which is an important segment. While this isn't a new technology by any means (think about Siri or Alexa), the results haven't been that great. Having a digital assistant process what you said incorrectly is frustrating and turns many off to the technology.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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