SoundHound AI, Inc. (SOUN) AI Wins XCelent Advanced Technology 2024 Award Following $80 Million Amelia Acquisition, Forecasts $150 Million in Combined Revenue by 2025

By Yahoo! Finance | Oct 11, 2024 at 09:39 PM EST

The surge in generative AI technology has sparked significant investments in artificial intelligence, particularly in cloud-based AI services. As companies race to construct advanced data centers, a new trend in edge AI is emerging, enabling AI algorithms to run on personal devices for real-time responses and enhanced privacy.

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