Analyzing AI Stocks
Investors looking to dive into the world of artificial intelligence should consider SoundHound AI and Cerence AI. Currently, SoundHound has a market cap of $4 billion, positioning it as a small-cap stock with significant growth potential. In contrast, Cerence operates on a much smaller scale, boasting a market cap of around $400 million.
SoundHound has made impressive strides since launching its Houndify platform in 2016. With ten years of innovation and research behind it, SoundHound aims to capture a larger share of the AI market. Investors should weigh the potential of both companies before making a decision.
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