**Crypto Analyst Expert Dissects SoundHound AI CEOโs Interview with CNBC**
In a recent interview with CNBC, SoundHound AI CEO Keyvan Mohajer discussed Nvidiaโs $3.7 million investment in the company. Mohajer highlighted how SoundHound AI shares had more than doubled in February following the investment, signaling a significant move in the market.
**Building a Relationship with Nvidia**
Mohajer explained that the partnership with Nvidia has been in the works for several years. He emphasized that while Nvidia focuses on building the foundation and infrastructure for AI, SoundHound AI leverages this infrastructure with its voice and conversational AI technology.
โ Known Nvidia for years
โ Nvidia focuses on AI infrastructure
โ SoundHound AI uses Nvidia infrastructure for its technology
**Leveraging Investment for Growth**
Despite the $3.7 million investment not being a substantial amount for some, Mohajer expressed confidence in utilizing these funds to strengthen SoundHound AIโs position in the market. As a public company, he refrained from discussing specific financial details but highlighted the sustained growth over the past four years.
โ Confident about using the investment for growth
โ Highlighting sustained growth over four years
**Market Speculation and Trading Volume**
Addressing concerns about the spike in trading volume before the announcement of Nvidiaโs stake, Mohajer downplayed any speculation and attributed the increase to market dynamics rather than insider trading. He dismissed worries about potential SEC involvement, stating that SoundHound AI had not been contacted regarding the issue.
โ Downplays speculation and trading volume spike
โ No SEC involvement reported
**Revolutionizing Customer Service with AI**
Delving into SoundHound AIโs products, Mohajer explained the companyโs focus on two key areas: customer service and voice-controlled devices. He detailed how their technology enables automated voice recognition for ordering at venues like Dunkinโ Donuts and facilitates voice commands for home appliances and automobiles.
โ AI-driven customer service applications
โ Voice-controlled devices for homes and cars
**Redefining Human-Machine Interactions**
Mohajer predicted a future where AI-based customer service becomes as ubiquitous as Wi-Fi and electricity, emphasizing the growing preference for interacting with devices over human beings. He highlighted the improved accuracy and quality of voice recognition technology, making it a preferred choice for users.
โ AI in every business like Wi-Fi and electricity
โ Preference for devices over people
**Closing Thoughts: SoundHound AI Continues to Innovate**
As SoundHound AI forges ahead with innovative AI solutions, the company remains at the forefront of revolutionizing customer service and human-machine interactions. With strategic partnerships like Nvidia, SoundHound AI is well-positioned to capitalize on the evolving AI landscape, driving further growth and technological advancements in the industry.
**Hot Take: Secure Your Spot in the AI Revolution**
As the AI landscape continues to evolve, itโs crucial for crypto enthusiasts to stay informed about key industry developments and partnerships. SoundHound AIโs collaboration with Nvidia underscores the potential for growth and innovation in the AI sector, offering exciting opportunities for investors and technology enthusiasts alike. By following the latest trends and advancements in AI, you can position yourself to ride the wave of the future in this dynamic and transformative industry.
Source: Youtube
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