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SoundHound AI is taking off in the world of conversational AI 🚀. Its platform Amelia 7 is changing the game for 15 major companies. And that's not all. Its solutions for restaurants are already in over 14,000 locations 🍽️. In cars, they have made a big deal in China and are expanding in North America and Europe 🚗.
Their Polaris model is fast and accurate. This gives them an advantage in various sectors. From restaurants to cars. They are testing new things, like voice shopping. It could be a gold mine 💰.
But not everything is rosy. Tariffs on cars could affect them. They are still losing money, with a gross margin of 39%. But it seems they have a plan. They expect to improve their numbers by the end of 2025.
They have $230 million in cash. Not bad. It gives them room to grow. Despite the tariff issues, their technology is unique. They have good partnerships. It seems they are ready to take advantage of the AI boom 🌕.
In quantum cars, they could do crazy things. Imagine navigation based on quantum principles 🔮. Sounds like science fiction, but who knows.
Their shares have skyrocketed, up 88.6% in three months. They are expensive compared to others in the sector. People expect a lot from them 📈.