AI - What's Going On With SoundHound AI Stock? | Benzinga
SoundHound AI, Inc. (NASDAQ:SOUN) shares are trading slightly lower Thursday after the company announced the acquisition of assets from Allset, an online ordering platform that connects restaurants and local customers.
The Details:
SoundHound said the acquisition brings additional restaurant relationships, engineering skills, and marketplace know-how to SoundHound AI as it plans to facilitate voice-enabled food and drink ordering across millions of cars, TVs, and smart devices. The Allset team will be joining SoundHound, and the company expects the addition to further strengthen its capabilities and commitment to innovation.
“As a business, Allset will help SoundHound bring voice AI solutions to even more restaurants looking to improve operational efficiency. At the same time, the Allset team brings a wealth of marketplace experience and knowledge that will make our bigger vision of a voice commerce ecosystem a reality,” said Keyvan Mohajer, CEO of SoundHound AI.
“Together, we plan to provide dynamic and convenient ways for ...