SoundHound AI Acquires Amelia, Positioning As Leading Provider Of Voice And Conversational AI Across Multiple Industries Including Retail, Financial Services, Healthcare, And Automotive; Gains Customer Service Contracts From Multinational Clients
Portfolio Pulse from Benzinga Newsdesk
SoundHound AI has acquired Amelia, enhancing its position as a leading provider of voice and conversational AI across various industries such as retail, financial services, healthcare, and automotive. The acquisition also brings new customer service contracts from multinational clients.
August 08, 2024 | 1:01 pm
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SoundHound AI's acquisition of Amelia strengthens its position in the voice and conversational AI market, expanding its reach across multiple industries and securing new customer service contracts from multinational clients.
The acquisition of Amelia by SoundHound AI significantly enhances its product offerings and market position in the voice and conversational AI space. The addition of new customer service contracts from multinational clients is likely to boost revenue and investor confidence in the short term.
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