SoundHound AI, Inc. is making waves in healthcare with its voice-enabled agentic AI platform. Major healthcare organizations renewed and expanded their engagements with SoundHound in Q1 2025, showcasing growing confidence in the company’s technology. Its agentic AI platform, Amelia 7.0, offers autonomous task execution and seamless voice interactions for patients.

Competition in the voice-powered AI solutions market is heating up, with larger players like Microsoft and Amazon accelerating efforts in agentic AI. Microsoft’s Azure OpenAI integrations and Nuance Communications unit pose significant competition, while Amazon’s Alexa Auto leverages its consumer ecosystem for in-car voice functionality.

SoundHound’s stock has surged 44.5% in the past three months, outperforming the industry’s growth. However, it currently trades at a premium compared to industry peers, with a forward 12-month P/S ratio of 24.05X. SoundHound carries a Zacks Rank #3 (Hold), positioning it for potential growth in the voice AI market.

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Read more at Nasdaq: Is SoundHound Gaining Ground in Healthcare AI Adoption?