Name | Value |
---|---|
Revenues | 17.1M |
Cost of Revenue | 3.9M |
Gross Profit | 13.2M |
Operating Expense | 24.8M |
Operating I/L | -11.6M |
Other Income/Expense | -4.0M |
Interest Income | 0.8M |
Pretax | -16.4M |
Income Tax Expense | 1.6M |
Net Income/Loss | -18.0M |
SoundHound AI, Inc. specializes in developing an independent voice artificial intelligence (AI) platform, Houndify, which empowers businesses to provide top-notch conversational experiences to their customers. The Houndify platform offers a comprehensive suite of tools, including automatic speech recognition, natural language understanding, wake words, custom domains, text-to-speech, and embedded voice solutions, enabling brands to create conversational voice assistants. By offering these advanced AI tools, SoundHound AI, Inc. generates revenue by providing businesses across various industries with the means to build and deploy high-quality voice-enabled experiences for their customers.