On December 5, 2024, AI software stocks in the U.S. surged, with SoundHound AI rising by 31.33%, quoting at $13.33. Over the past five trading days, the stock has increased by 69.16%, and it has cumulatively gained more than 480% year-to-date, with a 528.77% rise since the beginning of the year. Over the past 52 weeks, it has surged by 537.80%. On December 5, it ranked 25th among U.S. stocks, with trading volume up by 193.31% compared to the previous day, totaling 194 million shares.

● SoundHound Company Overview

SoundHound AI, Inc. is a leading innovator in conversational intelligence, offering an independent voice AI platform that enables businesses to deliver top-tier conversational experiences to their customers. The company's advanced voice AI platform is built on proprietary speech-to-meaning and deep meaning understanding technologies, providing exceptional speed and accuracy, allowing humans to interact smoothly with products and services through natural speech.

● AI & Food Industry: Exploring New AI-Driven Frontiers

SoundHound AI's stock price surged, driven not only by the unexpectedly positive news from its third-quarter earnings report, but also, more importantly, by the company's products pioneering new areas in the artificial intelligence application market.

It is reported that SoundHound AI's smart ordering service has been launched at Torchy's Tacos, where the company introduced a brand-new voice-assisted system for the food industry. Customers can make orders via phone using AI, inquire about the menu, business hours, and questions like that. Unlike traditional ordering methods, the AI can handle multiple orders simultaneously, improving service efficiency.

SoundHound AI's product has also optimized service on the restaurant side, allowing chefs and waitstaff to quickly access ingredient information through voice commands. The system has been optimized to function even in noisy environments, addressing many challenges faced by the traditional foodservice industry.

The company has now shifted its strategic focus towards the foodservice industry and has already signed contracts with major industry players, including Krispy Kreme. In the November earnings call, SoundHound AI's CEO, Keyvan Mohajer, revealed that the company has reached a new trial agreement with "one of the world's largest fast-food restaurants."

SoundHound stated that its phone ordering technology has handled over 100 million customer interactions, equivalent to hundreds of millions of dollars in food orders. This has boosted investor confidence in the company's growth potential, increasing its investment appeal.

● How to Buy 「SOUN」 with uSMART

Log into the uSMART APP. Click the "Search" icon at the top right of the page. Enter the stock code「SOUN」and click the corresponding stock to access the details page to view trading information and historical trends. Then, click the "Trade" button at the bottom right, select the "Buy/Sell" function, and finally, fill in the trade conditions before submitting the order. The following images provide an operational guide: