The relatively poor performance of SoundHound's automotive business can readily be seen from its pivot towards voice solutions for restaurants, driven by the acquisitions of Synq3 and Amelia.

With the pivot, SoundHound AI may also be seeing an increase in short-selling. Even with today's pullback, the company's share price has risen 759% across 2024's trading -- and the software ...

This allowed SoundHound to pivot to a subscription-based revenue model. SoundHound was already providing its voice-enabled AI platform to automotive companies. Its partnership with Nvidia in March ...