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Voice Assistant SoundHound Goes Public Via $2B SPAC Deal

  • Reuters, Wednesday, November 17, 2021 10:59 AM

SoundHound, a voice assistant maker, will go public through a merger with Archimedes Tech SPAC Partners Co. values the voice assistant maker at $2.1 billion, the companies said on Tuesday. SoundHound, founded in 2005 by a group of Stanford graduates, offers a voice platform based on artificial intelligence to help businesses integrate conversational voice assistants into their products. Hyundai Motor, Mercedes-Benz, Mastercard, and Snap are customers.

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