SoundHound AI, a privately owned software development company founded in 2005 and headquartered in the US, employs approximately 370 people. The company specializes in conversational AI technology, providing a platform that facilitates natural human-machine interactions for businesses. This platform uses proprietary Speech-to-Meaning and Deep Meaning Understanding technologies to achieve high speed and accuracy in voice AI applications. SoundHound AI's solutions are implemented across various sectors, including automotive, entertainment, and technology.
On March 4, 2025, SoundHound filed a Notification of Late Filing on Form 12b-25 with the SEC, stating that it would not file its 10-K annual report for the fiscal year ended December 31, 2024, within the prescribed timeframe. Rosen Law Firm is encouraging investors to inquire about a securities class action investigation. On an unspecified Friday, SoundHound's stock price increased by 0.8%, reaching a high of $9.59 and closing at $9.67. 5,577,389 shares traded, representing an 86% decrease from the average session volume. Victory Capital Management Inc. reduced its stake in SoundHound by 66.8% during the fourth quarter, selling 80,722 shares and retaining 40,090 shares.
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SoundHound AI offers products in the media tech industry. SoundHound AI's product portfolio comprises of user experience and devices.
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