Why SoundHound AI Stock Is Skyrocketing Again Today

From Yahoo Finance:

SoundHound AI (NASDAQ: SOUN) stock is up 39.5% on Monday, driven by an announcement of a new partnership with Nvidia (NASDAQ: NVDA) to advance AI technologies in telecom. Nvidia also deepened its partnership with ServiceNow. The AI-RAN Alliance, which includes Arm Holdings, Microsoft, and others, aims to improve AI and communications technologies. SoundHound’s stock is up 180% in 2024. With new partnerships, SoundHound’s voice assistant business could benefit. Nvidia’s disclosure of a stake in SoundHound also boosted the stock price. SoundHound’s voice assistant, integrated with OpenAI technology, will launch with Stellantis DS vehicles.



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