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SoundHound AI on Path to Transform into Agentic AI
SoundHound AI (NASDAQ: SOUN), which has seen its stock decline over 50% from its 52-week high, is pivoting towards becoming an agentic artificial intelligence company. The firm aims to enhance its voice technology to provide AI agents that can interact with users in a natural manner, instead of merely responding to queries. In 2026, if it achieves EBITDA profitability, this transformation could significantly impact its market position.
In the first nine months of this year, SoundHound’s revenue has more than doubled, showing a 68% increase in the last quarter alone. The company’s ambition is to achieve EBITDA profitability by Q4 if it meets its high revenue targets. With the growing demand for AI agents capable of complex interactions, SoundHound is differentiating itself through its voice-first approach, marking a critical competitive advantage.
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