SoundHound Stock Surges on Nvidia AI Telecom Alliance and Voice Assistant Expansion
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SoundHound AI stock is surging due to Nvidia's announcement of a new AI alliance for telecom technologies. This signals potential for SoundHound's voice assistant business.
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The AI-RAN Alliance formed by Nvidia, Arm, Microsoft, Amazon, and others aims to advance AI and 6G network technologies that could benefit SoundHound.
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Nvidia deepening partnership with ServiceNow to provide AI solutions tailored for telecom industry. This signals more AI adoption that SoundHound could capitalize on.
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Nvidia recently disclosed owning a stake in SoundHound worth $3.7 million, further boosting investor enthusiasm.
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SoundHound launching Iris voice assistant integrated with ChatGPT in Stellantis vehicles next month, presenting new use case for its technology.