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4 stories mentioning SOUN

Every FINWIRES story that references SOUN, newest first.

Wire

SoundHound AI to Benefit From AI Demand, LivePerson Deal, Wedbush Says

SoundHound AI (SOUN) could benefit from strong voice AI demand, wider enterprise use, its OASYS platform and the planned LivePerson (LPSN) deal, though acquisitions may pressure margins and growth in the near term, Wedbush said in a note Friday.The investment firm said demand remains strong across financial services, automotive, restaurants and healthcare, with international expansion also adding support.LivePerson could become a larger growth driver in fiscal 2027, adding at least $100 million from existing long-term customers, while the combined SoundHound and LivePerson business could reach $500 million in revenue from the current customer base alone, Wedbush said.OASYS is expected to become the base of SoundHound's products, helping customers build and manage AI tools faster, according to the note.Wedbush kept the company's outperform rating and $12 price target.Price: $8.54, Change: $-1.09, Percent Change: -11.32%

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Wire

SoundHound AI Launches OASYS Platform for Agentic AI

SoundHound AI (SOUN) has launched its OASYS, or Orchestrated Agent System, platform for building artificial intelligence agents, the company said Tuesday.OASYS is designed to manage the "entire lifecycle" of agentic AI, with features like "self-learning" that allows the platform to design its own updates for improvements, SoundHound AI said.Price: $9.12, Change: $-0.36, Percent Change: -3.75%

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Wire

SoundHound AI Renews, Expands Casey's Deal for Voice AI Ordering

SoundHound AI (SOUN) said Thursday it renewed and expanded its agreement with Casey's General Stores (CASY), extending deployment of its voice-based ordering technology across more than 2,600 locations.Financial terms were not disclosed.The company said its AI-powered ordering agents have handled more than 21 million customer interactions for Casey's, including processing millions of food orders and will continue supporting phone-based ordering across the retailer's stores.The system, trained on Casey's menu, enables customers to place orders conversationally and access information on menu items, promotions, and store inquiries, while helping reduce missed calls and wait times during peak periods.Price: $7.95, Change: $-0.28, Percent Change: -3.35%

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Wire

SoundHound AI to Acquire LivePerson for $43 Million

SoundHound AI (SOUN) said Tuesday it has agreed to acquire LivePerson (LPSN) for $43 million.Under deal terms, SoundHound AI will get $74 million of LivePerson's cash balance prior to repayment of the 2026 convertible senior notes and at closing, SoundHound will retire the discounted debt with a mix of cash and equity, the companies said.SoundHound AI further anticipates that its 2027 revenue range will be $350 million to $400 million at its minimum level, with at least $100 million of growable contribution from LivePerson's long-tenured customers, the companies added.The transaction is expected to close in H2, subject to customary regulatory approvals and closing conditions.Shares of SoundHound AI and LivePerson were up 1.2% and 1.5% in early Tuesday trading.Price: $8.52, Change: $+0.20, Percent Change: +2.34%

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