Overview
- SoundHound introduced agentic voice commerce on its Amelia 7 platform for vehicles, TVs and smart devices, enabling voice-driven ordering, reservations, parking payments, travel bookings and ticket purchases.
- The company also debuted Vision AI for vehicles, letting drivers identify landmarks, read billboards, translate signs and pull travel information using voice commands.
- Shares traded 2.64% higher at $12.06 on Monday following the CES announcements, according to Benzinga Pro.
- Management recently said it is working to lower losses in the upcoming quarter and move toward profitability, according to Yahoo Finance.
- The stock remains about 38% lower over the past year despite a roughly $4.5 billion market cap and unusually high average trading volume, per Yahoo Finance.