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VisitWill SoundHound's stock price increase by more than 20% following the acquisition by October 31, 2024?
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SoundHound Acquires Amelia AI for $80M
Aug 8, 2024, 01:03 PM
SoundHound AI has acquired Amelia AI for $80 million. This acquisition comes after Amelia AI raised over $189 million. The move is expected to significantly expand SoundHound's scale and reach in conversational AI across new verticals and hundreds of enterprise brands. SoundHound, known for its voice interface technology used by car companies, restaurants, and tech firms like Snap and Qualcomm, aims to enhance its offerings in the AI sector through this acquisition.
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