ChatGPT Sparks Frenzy for AI Stocks Like SoundHound and UiPath Despite Risks

Artificial intelligence (AI) has emerged as a prominent investment trend, with the launch of apps like ChatGPT igniting interest.

SoundHound AI is focused on voice recognition AI for industries like auto and restaurants, with revenue growing over 40% annually.

UiPath is a leader in robotic process automation, estimated to have 35.8% market share and aiming to expand AI capabilities.

Both SoundHound and UiPath are not yet profitable but have strong revenue growth and improving operating metrics.

These AI companies have potential to gain market share in booming industries, though面临一些客户集中和增长温和化的风险.