AirNet Technology raises $180 million in digital assets offering
SANTA CLARA - SoundHound AI, Inc. (NASDAQ:SOUN), whose stock has delivered an impressive 142% return over the past year despite recent market volatility, announced Tuesday that its SoundHound Chat AI Automotive voice assistant is now live in select Jeep vehicles across several European markets.
The voice assistant integrates generative AI technology with in-vehicle controls, allowing drivers to interact conversationally with their vehicles beyond basic commands. The system enables users to plan trips, listen to stories, take quizzes, or access information from the vehicle manual through natural language interactions.
According to the company, the technology allows for contextual follow-up questions without requiring users to restart conversations. Drivers can ask about attractions in specific locations, control vehicle functions, and find nearby establishments through voice commands.
"By bringing our voice AI agents with integrated generative AI to Jeep, we’re helping set a new standard for intuitive, connected, and safe driving," said Michael Zagorsek, COO of SoundHound AI, in the press release statement.
The launch follows SoundHound’s earlier introduction of an in-car voice commerce agent that integrates purchasing capabilities directly into vehicle infotainment systems. The company claims this technology could potentially unlock significant revenue opportunities for automakers.
SoundHound AI develops voice AI solutions for various industries including retail, financial services, healthcare, automotive, and restaurants. The company’s technology powers products and services that process billions of interactions annually, according to the announcement.
In other recent news, SoundHound AI Inc. reported impressive financial results for the second quarter of 2025, with revenue increasing by 217% year-over-year to $42.7 million, surpassing analyst expectations. The company’s earnings per share also exceeded forecasts, showing a loss of $0.03 compared to the anticipated loss of $0.09. Additionally, SoundHound AI launched Vision AI, a visual understanding engine integrated with its existing voice-first platform, enhancing its capabilities in various sectors such as automotive, retail, and industrial environments. This development aims to create more contextually aware interactions for enterprises.
In another update, Northland upgraded SoundHound AI to Outperform from Market Perform and raised its stock price target from $8 to $14.50. This upgrade was influenced by the company’s return to pro forma organic growth in the second quarter and its strong pipeline potential for the latter half of the year. These recent developments highlight SoundHound AI’s significant progress and potential in the technology sector.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.