SoundHound AI announced Tuesday (June 18) its acquisition of key assets from Allset, an online food ordering platform, in a move that bolsters the voice artificial intelligence company’s presence in the restaurant industry. The deal, whose financial terms were not disclosed, brings Allset’s nearly 7,000...
SoundHound AI has reached an agreement to prepay its $100 million debt in full. The voice artificial intelligence (AI) firm announced that agreement with its lenders Monday (June 10), saying it substantially lowers its early payment costs and lets SoundHound save more than $55 million of interest and...
Shares of smaller artificial intelligence (AI) firms reportedly experienced a rally Thursday (Feb. 15) after Nvidia, the world’s leading AI chipmaker, disclosed its stake in them as of Dec. 31. This move by Nvidia offers insights into its growth strategy and highlights its growing influence in...
SoundHound AI is hoping new financing will help it capitalize on the artificial intelligence boom. The voice artificial intelligence (AI) company announced Monday (April 17) it had closed a new $125 million loan facility from Atlas Credit Partners with $100 million fully funded at closing....
August 08, 2024
SoundHound AI acquired enterprise artificial intelligence company Amelia, saying the move will expand its conversational AI capabilities to new verticals and hundreds of enterprise brands. The combined company will offer AI-powered customer service support to a range of businesses, as it already serves nearly 200 companies, according to a Thursday (Aug. 8) press release. Amelia […]
June 20, 2024
SoundHound AI announced Tuesday (June 18) its acquisition of key assets from Allset, an online food ordering platform, in a move that bolsters the voice artificial intelligence company’s presence in...
June 10, 2024
SoundHound AI has reached an agreement to prepay its $100 million debt in full. The voice artificial intelligence (AI) firm announced that agreement with its lenders Monday (June 10), saying it substantially lowers...
February 15, 2024
Shares of smaller artificial intelligence (AI) firms reportedly experienced a rally Thursday (Feb. 15) after Nvidia, the world’s leading AI chipmaker, disclosed its stake in them as of Dec. 31. This...
