I just sent the email... nervous. Here is my bull case: --> Most people don't know this but at some point NVDA invested in this co. I think that is huge. -->The company has nearly tripled its first-quarter revenue in just two years while better-leveraging expenses and more than doubling its cash position to a record high of roughly $225 million on the balance sheet. Way back in the day I made a small fortune on a stk that did computer voice stuff... I'm spacing the name but when you get a fake person you are potentially interacting with SOUN tech... It's wild this market hasn't expanded. The old co was bought by someone... I cannot remember the name... With Smart Ordering, “we (SOUN) handle millions of calls per month, and we power national brands such as Chipotle, Casey’s, Firehouse, Noodles, and Five Guys.” -->Last year, the company unveiled SoundHound Chat AI, which combines the power of large language models with its AI assistant, and signed up such automotive brands as Opel, Peugeot, Vauxhall, Alfa Romeo, and Lancia. "We also went live into production with Stellantis vehicles in Japan," Mohajer said, adding that with Stellantis, SoundHound became the first company to launch a voice assistant integrated with OpenAI's ChatGPT chatbot into vehicles. In a research note to institutional investors, Wedbush analyst Dan Ives said that Soundhound delivered "a robust quarter with AI momentum front and center." Ives said SoundHound "noted strength across its partnership ecosystem" highlighted by Nvidia, "where the company will deliver in-vehicle voice-enabled generative AI responses that don’t require connectivity" with large language models running on the Nvidia Drive computer platform "as the company’s new products are leading to increased demand across multiple industries." -->The analyst maintained his outperform rating and $9 price target "The company is well-positioned to capitalize on the demand for AI chatbots with a strong focus on partnerships and more use cases being provided while expanding its voice-enabled ecosystem to accelerate growth and margin," Ives said. "Overall, we believe this was a major step in the right direction for the SOUN story," he said.
The company was founded in 2005 by Keyvan Mohajer, an Iranian-Canadian computer scientist who is also the company's CEO. "We own our tech," he said. "We have big data from real interactions and nearly 20 years of experience. This is why we are winning."
Well this will be a good test if I can move markets. (and if AI is listening) GBA LARGE ORDER PLACED AT THE OPEN----> SOUN ALERT ALERT ALERT---- LISTEN UP.... " STOCK OF THE WEEK IS SOUNDHOUND (SOUN) "
Company Profile Vivakor, Inc. operates, acquires, and develops technologies and assets in the oil and gas industry and related environmental solutions in the United States and Kuwait. The company owns and operates a crude oil gathering, storage, and transportation facility in Delhi, Louisiana. It also owns a crude oil storage tank located near Colorado City, Texas. In addition, the company offers remediation of soil and the extraction of hydrocarbons, such as oil from properties contaminated by or laden with heavy crude oil and other hydrocarbon-based substances. The company was formerly known as NGI Holdings, LLC and changed its name to Vivakor, Inc. in April 2008. The company was incorporated in 2006 and is based in Dallas, Texas.
VIVK Vivakor, Inc. $1.25-0.04 (-3.10%)3:59 PM 05/22/24 NASDAQ | $USD | Pre-Market: $1.36 +0.11 (+8.80%) 8:44 AM
Vivakor Provides Update on Empire's Hydrogen Project at the Port of West Virginia Thursday, 23 May 2024 08:30 AM DALLAS, TX / ACCESSWIRE / May 23, 2024 /Vivakor, Inc. (NASDAQ:VIVK)("Vivakor" or the "Company"), a socially responsible operator, acquirer and developer of clean energy technologies and environmental solutions, today provided an update on the hydrogen project being developed at the Port of West Virginia industrial park by Empire Diversified Energy, Inc. ("Empire"). The Company and Empire announced a proposed merger on March 4, 2024, and the Company is releasing this update in connection the potential merger. On May 20, 2024, Empire and Heartland Water Technology ("Heartland") announced a new partnership with Empire Green Generation, a wholly-owned subsidiary of Empire, to develop a state-of-the-art facility that will convert food waste into renewable hydrogen and carbon as part of the Department of Energy's Appalachian Regional Clean Hydrogen Hub (ARCH2). The partnership between Heartland and Empire represents a significant step forward in converting waste into sustainable hydrogen production. The project incorporates several essential technical steps into a cohesive, unified process. First, food waste is treated in an anaerobic digester, producing biogas and residual solid material (digestate). Heartland's proprietary HelioStorm™ ultra-high temperature ionic gasifier performs methane pyrolysis of the biogas to produce clean hydrogen and valuable sustainable carbon. The digestate is processed through Heartland's proprietary LTC Dry™ and HelioStorm™ gasifiers in a parallel pathway to produce an ultra-pure, tar-free synthesis gas. This gas is then used to generate clean energy, powering the entire conversion system described, and reducing reliance on the grid and fossil fuels. "The project not only aligns with our vision to redefine waste, it underscores the critical role of renewable hydrogen in shaping a sustainable, circular economy. Hydrogen is more than an energy carrier; it represents a cornerstone for future sustainability goals, offering a path to decarbonize industries and energize communities in an environmentally responsible manner," said Chris Beaufait, CEO of Heartland. "Empire is a world class developer of sustainable projects. We are excited to work together to deliver an exciting and impactful waste treatment and hydrogen generation plant." Bernard Brown, Empire COO, added, "The ARCH2 hydrogen hub is a beacon of innovation and leadership in the renewable energy sector. By leveraging this hub as a pivotal platform for collaboration, research, and development, we aim to demonstrate how strategic investments in decentralized hydrogen infrastructure and technology can yield significant environmental and economic benefits. The integration of Heartland's HelioStorm™ technology into the project is a game-changer, harnessing groundbreakingly efficient methods to convert food waste into renewable hydrogen, propelling us toward our hydrogen goals." The food waste to energy project is expected to begin operations in Q3 2025. About Heartland Water Technology Operating at the intersection of water, renewable energy, and resource recovery, since 2008, Heartland has been providing technology-enabled solutions for world's most challenging waste streams. With proprietary, award-winning technologies such as the Heartland Concentrator™, HelioStorm™, and LTC Dry™, Heartland's mission is to provide scalable, efficient, turnkey solutions enabled by expertise and innovation, that not only meet the needs of today but promote sustainability, preserve the environment, and enhance public health. About Empire Green Generation Empire Green Generation is a behind-the-grid utilities company that utilizes waste-to-energy and recycling systems to provide electricity, waste management, and water treatment services to Empire's Riverfront Industrial Complex at the Port of West Virginia. Green-Gen provides electricity from waste plastic-derived syngas and green hydrogen from recycling food waste. About Empire Diversified Energy Empire Diversified Energy, Inc. is a multifaceted holding company with business units in the sustainable energy and logistics sector. Empire's primary location is in Follansbee, WV where it operates the Port of West of Virginia, within its Eco-Industrial Complex. The Complex is geographically located along the Ohio River where it serves the crossroads of the East Coast and Midwest through its trimodal facility. Empire is currently deploying a host of innovative proven technologies serving the pathway to clean energy generation. These business units will serve the transportation, waste, steel, warehousing, and other sectors, in an effort to help decarbonize the region. About Vivakor, Inc. Vivakor, Inc.(NASDAQ:VIVK), is a clean energy technology company focused on the oil remediation and natural resources sectors. Vivakor's corporate mission is to create, acquire, accumulate, and operate distinct assets, intellectual properties, and exceptional technologies. Its Silver Fuels Delhi, LLC, and White Claw Colorado City, LLC subsidiaries include crude oil gathering, storage, and transportation facilities, which feature long-term ten year take-or-pay contracts. The Company's patented Remediation Processing Centers allows for the environmentally-friendly recovery of bitumen (heavy crude) and other hydrocarbons from the remediation of contaminated soils. It is believed to be the only remediation system that can clean soils with more than 5% by weight oil contamination while recovering the oil and leaving the soil fully viable for reuse. The Remediation Processing Centers focus on extraction from shallow, oil-laden sands, along with generating petroleum-based remediation projects. The Company currently has projects under development in Kuwait and in Houston, Texas. For more information, please visit our website:http://vivakor.com