So Soundhound, the conversational voice AI, was on a tear until Nvidia decided they lost interest and removed their nominal (by their standards) $8 million investment to focus on other aspects of AI. It's hard to understand why such a relatively small move, even by a major player, has had so much influence on this stock. Soundhound has a constructed a rather formidable moat around their business: by getting so much traction in the auto industry, they ensure their survival and prosperity. Once major auto manufacturers adopted their technology, they had to create an interface that would allow their other technical functions to be compatible. They're not going to replace Soundhound and restart the entire process from scratch. How many people agree Soundhound is a major buy opportunity?
SOUND is traders' dream, and OP & investors' nightmare. The chart displayed 3 beautiful peaks where the price went up and down and up and down and up and down and ...
HOOD’s back near monthly breakout point but they say top hookers don’t give you a second chance. Guess it means HOOD is a dirty ladyboy that’s going to take you from behind.
Soundhound roared back to 10 today, before settling a little lower. It has a strong restaurant presence -- meaning a lot of restaurants are run by small and medium size companies. Once they adopt Soundhound's voice A.I. for their ordering system (done!), and make their other technologies compatible, they're not about to change that every 3 weeks. Soundhound has further strengthened the mote around their company! For those who are wondering: SOUNDHOUND reached $24/share recently!
I was watching CNBC and I heard there is a new voice chatbot made by a startup called Sesame and it is a step ahead of other voice chatbots. I don't know if Sound Hound will be effected by its success.