1. How does SoundHound AI get investors attention
a. AI boom, who missed chip makers rally are looking for other opportunities. Especially small cap AI businesses.
b. Investment Discovery: Earlier this year, investors learned about Nvidia’s stake in SoundHound AI following a 13F filing by the chipmaker. This disclosure caused SoundHound AI’s stock to surge.

2. How much did Nvidia invested in SoundHound
Nvidia made a relatively small investment in SoundHound AI, spending nearly $3.7 million to acquire a 0.6% stake in the company1. While this investment represents only a fraction of SoundHound AI’s market capitalization (which is around $1 billion), it signifies Nvidia’s interest in the voice-recognition software space and its strategic focus on AI technologies23. 🎙️💰

3. Why did Nvidia invested in SoundHound?
SoundHound AI, known for its work with companies like Stellantis, Hyundai, Kia, and Honda, will offer a voice assistant running on Nvidia’s Drive platform for automobile customers.

4. Quick recap on SoundHound AI's business
a. Products, mainly focused on TTS, Voice Commands
b. Solutions, for restaurants, for automobile.

5. Take a check on SoundHound.AI's stock charts

6. Take a check on SoundHound.AI's latest financial reports
https://finance.yahoo.com/quote/SOUN/...

7. Conclusion
• Valuation is high, but it's still a small cap company. Could be very volatile in both ways
• AI hype is still there, news like NV being one of the stake holders will send it off
• If 2024 Q1 financial significantly improved, stock price could take off. Otherwise it could go down very quickly.
• Business seems competitive. But the company has been out there for years, still don't find a way to profitability. But it's not as bad as described in those short reports.
• It's a gamble.

Small bet score
Company name Ticker Rate Volatile score (0-5) Max Portfolio Percentage Price expectation Willing ness to Trade(0-5) Latest evaluation time
SoundHound AI SOUN HOLD 4 5% $4-$10 1 4/4/2024