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Stock impact report

Opinion: This Is the Most Overlooked Artificial Intelligence (AI) Stock to Buy Right Now [Yahoo! Finance]

SoundHound AI, Inc. (SOUN) 
Company Research Source: Yahoo! Finance
Nvidia shares, for example, have risen in value by 140% this year. The company currently has a massive $2.9 trillion market cap. Want to make big money with AI stocks ? You'll have to look at smaller, lesser-known companies. There's one AI stock right now valued at just $1.7 billion that you should take a closer look at. In fact, Nvidia has bet nearly $4 million of its own cash on this growth stock. Bet big on AI with this small-cap stock Earlier this year, Nvidia revealed that it had made multimillion-dollar investments in a small handful of companies. Most of these companies had worked with Nvidia before, using their chips to power their AI products and services. One of those investments was a $3.7 million bet on SoundHound AI (NASDAQ: SOUN) , which traded at a $500 million valuation just prior to Nvidia's investment. SoundHound's work with Nvidia presents a compelling example of its technology in use. In March, a joint press release revealed that SoundHound would soon launc Show less Read more
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