SoundHound AI (Nasdaq: SOUN), a Santa Clara, CA-based voice synthetic intelligence firm, acquired Amelia, a NYC-based enterprise AI software program firm.
The quantity of the deal was not disclosed.
The enterprise mixture will place SoundHound AI as a number one supplier of voice and conversational generative AI, with attain throughout a number of industries – together with retail, monetary companies, healthcare, automotive, sensible units, eating places, and extra.
Amelia is an enterprise conversational AI firm whose know-how is utilized by organizations throughout an array of industries to automate operations, enhance buyer expertise and optimize enterprise outcomes. The platform develops and deploys AI instruments that handle crucial duties and processes, enabling staff to be extra productive and ship outcomes whereas decreasing operational prices.
Led by CEO Keyvan Mohajer, SoundHound (Nasdaq: SOUN) is a conversational intelligence firm that provides voice AI options for companies. Constructed on proprietary know-how, its voice AI delivers velocity and accuracy in quite a few languages to product creators throughout automotive, TV, and linked units, and to customer support industries by way of AI-driven merchandise like sensible answering, sensible ordering, and dynamic drive via, an AI-powered multimodal meals ordering answer. Together with SoundHound Chat AI, a voice assistant with built-in generative AI, it empowers services and products, and processes billions of interactions every year for companies.
FinSMEs
08/08/2024
