SoundHound AI stock price up 429% in 2023, Cerence profitable with Nvidia support.

From Nasdaq: 2025-03-30 06:20:00

SoundHound AI (NASDAQ: SOUN) has seen a 429% increase in stock price since the start of 2023, specializing in voice-activated technology with a market cap of $4 billion. Investors might also consider Cerence (NASDAQ: CRNC), a smaller competitor with a market cap of around $400 million. SoundHound’s revenue is expected to double in 2025, while Cerence, focused on the auto market, has technology installed in over 500 million automobiles. SoundHound is growing rapidly but not yet profitable, while Cerence is profitable and has the support of Nvidia. Cerence may be the better buy for risk-averse investors.



Read more at Nasdaq: Better Artificial Intelligence Stock: SoundHound AI vs. Cerence AI