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🤖🇺🇸 Mixed Q3 outcomes for AI: SoundHound's voice tech shines with revenue growth, yet losses linger. Meanwhile, China's Youdao scores its first profit through strategic educational tech pivots. A dynamic quarter with both strides and setbacks! 🤑📉 #AI #TechTrends https://t.co/aWoSjmg5bT
SoundHound AI's CEO and Co-Founder, Keyvan Mohajer, joined @LizClaman of @FoxBusiness Network's The Claman Countdown to discuss our third quarter 2024 results, company growth, and predictions for the future of #VoiceAI 🚀 Check it out ⬇️ https://t.co/lhjctyTcor
NVIDIA is now the #1 most valuable company in the world. Behind the scenes, the $3.6T chipmaker is investing heavily in startups. Why? Nvidia is inserting itself (and its chips) deeper into the AI ecosystem to grow with these companies. https://t.co/NBqjRtAEGT
SoundHound AI reported record third-quarter revenue of over $25 million, marking an 89% year-over-year increase. Despite this, the company's stock fell by 18% due to valuation concerns and a 13.4% pre-market drop. SoundHound AI's CEO, Keyvan Mohajer, expressed pride in the results, highlighting the comfortable beat and raise. The company is expanding into new verticals such as finance and healthcare.
