SoundHound to Go Public After Archimedes Deal Closes Q1

SoundHound will go public after its merger agreement with special purpose acquisition company Archimedes is complete in Q1, said the voice AI platform Tuesday. SoundHound shares will trade on the Nasdaq under the ticker SOUN after the transaction closes, it said. Voice AI adoption “is rapidly expanding, with the market opportunity expected to reach $160 billion by 2026,” it said. SoundHound’s technology "powers the voice experience" in millions of products, said the company. Vizio’s first voice remote was based on SoundHound’s AI natural language platform (see 2106020050).