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SoundHound AI (SOUN) reported stellar fourth quarter results, posting $34.54 million in revenue, above the $33.80 million expected. The company also delivered a narrower-than-expected loss of $0.05 per share, outperforming Wall Street's estimated $0.09 loss.
SoundHound AI Co-Founder and CEO Keyvan Mohajer joins Asking for a Trend host Josh Lipton to discuss the quarter and the company's growth outlook.
Mohajer highlights the company's record quarter, strengthened cash position, and successful business diversification through providing AI solutions across government, restaurants, retail, and other sectors.
"Ultimately, we believe every business needs AI customer service," he tells Yahoo Finance, adding, "We are building solutions for all of those."
Regarding the emergence of China's DeepSeek AI model, Mohajer views it as beneficial for SoundHound's business: "We rely on innovation both in SoundHound and outside of SoundHound to make our products better."
Watch the full video above to hear Mohajer's comments on Nvidia's (NVDA) decision to exit its stake in the company.
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This post was written by Angel Smith