Strategic Expansion Fuels Bullish Trend For SoundHound (SOUN) Stock

After the announcement of a strategic expansion move, shares of SoundHound AI, Inc. (NASDAQ: SOUN) are experiencing a bullish trend this morning. As of the last check during the current trading session, SOUN stock was trading at $6.40, marking a rise of 19.18%.

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Launch of SoundHound Chat AI in European Markets

Now available in 11 European markets, including Germany, France, Italy, the United Kingdom, and Spain, the ChatGPT-integrated voice assistant SoundHound Chat AI is found in cars built by Opel, Peugeot, and Vauxhall. By the end of July, this deployment will be expanded to 12 languages and 17 markets.

According to a March 2024 release from SoundHound AI, DS Automobiles, a Stellantis company, became the first automotive manufacturer in the world to completely include a voice assistant using the most recent generative AI technology through the SoundHound Chat AI platform.

This assistant was made available in 18 countries and 13 languages. Stellantis is increasing its coverage to include additional cars made by Peugeot, Opel, and Vauxhall. With its real-time data, seamless in-car controls, and interactive information discovery, Stellantis is completely changing the cockpit experience.

Enhancing the In-Vehicle Experience

Starting in July 2024, vehicles from these brands will feature this advanced technology. For select previously released models, SoundHound Chat AI with integrated ChatGPT will be available on-demand and can be delivered over-the-air, eliminating the need for dealership visits.

The introduction of SoundHound Chat AI into Peugeot, Opel, and Vauxhall vehicles will provide drivers and passengers with hands-free voice control for a myriad of functions. From managing navigation and making calls to accessing real-time information like sports scores and weather updates, the voice assistant significantly enhances driving convenience and enjoyment.

Users may ask questions about everything from historical facts to developing stories for kids thanks to ChatGPT’s integration with the natural speech recognition technology, which makes travels both educational and enjoyable.

Setting the Standard for Automotive Innovation

Through their partnership, SoundHound and Stellantis are able to lead the way in automotive innovation and usher in a new age of driving pleasure. Another significant step in SoundHound’s goal to transform in-car voice assistants is the integration of Chat AI by SoundHound into Peugeot, Opel, and Vauxhall automobiles.