SoundHound AI Hits a High Note with 600% Stock Surge

SoundHound AI's stock skyrocketed by 600% in 2024, driven by breakthroughs in voice recognition across fast-food and automotive sectors. Q3 revenue soared 89% to $25M, with ambitions to double sales by 2025. Despite being pegged as the top AI stock for next year, its lofty 64x sales valuation has investors howling with caution. Partnering with giants like Stellantis and serving over 10k U.S. restaurants, SoundHound sings a promising tune—just watch for the pitch bends.