SoundHound AI (SOUN) recently purchased another AI-based company called Amelia which will allow it to enter new verticals. Questions around the AI trade have arisen as some investors grow skeptical as to if AI will truly have utility or if it’s just another buzzword.
SoundHound AI Co-Founder & CEO Keyvan Mohajer joins Asking For A Trend to break down why he feels AI is truly more than just hype.
Mohajer begins with his excitement for the space: “As someone who’s been in this field for over 20 years, I can tell you that, the technology of generative AI is real. It’s magical. And it’s going to change a lot of things.”
“The analogy is we had iOS and Android in the mobile era, and that you know, that was the hype for 1 or 2 years. And then for more than a decade, it was apps and apps and apps and companies building these amazing apps. Great businesses’ value creation on top of that infrastructure. And we predict the same is going to happen with AI. So there was infrastructure of AI, now it is going to be companies that are building experiences on top of it,” says Mohajer.
For more expert insight and the latest market action, click here to watch this full episode of Asking for a Trend.
This post was written by Nicholas Jacobino
