SoundHound AI plunges despite reporting record quarterly revenue

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J Studios

SoundHound AI (NASDAQ:SOUN) plunged approximately 15% during early market action on Wednesday despite posting record third quarter 2024 financial results and increasing its full-year revenue outlook.

SoundHound AI offers conversational artificial intelligence agents for various enterprises. Its third-quarter 2024 revenue of $25.1M represented a

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