The YouTuber expresses high conviction in SoundHound AI, stating he continues to buy more for the long term. He highlights its leadership in conversational AI, the potentially massive market for AI assistants, and its strong 47% revenue growth, with a net loss that almost halved. Despite a recent earnings disappointment and the stock no longer being a 'penny stock,' he believes it still has significant long-term upside.
“Sound Hound is a leader in the conversational AI to businesses that can be used to build AI assistance in more than 25 languages of course that market for a AI assistance could be ginormous even larger than the $160 billion Enterprise Market the SoundHound is estimating while earnings were a disappointment it's hard not to be happy with this kind of growth sound hounder reported 47% growth in revenue and a net loss that almost haved they've got a long way to improving that profitability but the revenue growth should continue and I'm still buying more of this for that long term even after the run.”