<p>找到在十年内价值增长十倍的股票是每个投资者的梦想。这类投资可能很稀有；一家公司的市值在十年内增长 1000%，需要在一个快速扩张的行业中运营。</p>
<p>现在还有什么比人工智能（AI）更大的行业呢？我认为这是寻找未来十年有潜力实现巨大回报的公司的绝佳地方，尽管已经有一些赢家。</p>
<p>我认为在未来十年内有望主导市场的公司是 <strong>SoundHound AI</strong>(SOUN 4.03%)。它仍然是一家相对较小的公司，市值仅为 60 亿美元。然而，如果一些因素对它有利，我很容易看到它在十年后成为 600 亿美元的公司。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjkyNTYvYXJ0aWZpY2lhbC1pbnRlbGxpZ2VuY2UtYWktcm9ib3QtYmlnLWRhdGEtYnVsbC1tYXJrZXQtc3RvY2stY2hhcnQtZ2V0dHkuanBnJnc9NzAw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjkyNTYvYXJ0aWZpY2lhbC1pbnRlbGxpZ2VuY2UtYWktcm9ib3QtYmlnLWRhdGEtYnVsbC1tYXJrZXQtc3RvY2stY2hhcnQtZ2V0dHkuanBnJnc9NzAw"/></p>
<p>图片来源：Getty Images。</p>
<h2>SoundHound AI 的技术正在扩展</h2>
<p>SoundHound AI 将音频识别与人工智能相结合。这使得它的表现优于传统的数字助手，如 Siri 或 Alexa。</p>
<p>它的产品有广泛的应用：任何人类之间通常需要的商业互动（例如电话协助或驾车自取订单）都可以通过公司的技术实现自动化。</p>
<p>虽然音频识别技术的历史应用表现相对较差，但 SoundHound AI 的平台在许多例子中实际上可以超越人类对手。我们仍处于其产品大规模部署的早期阶段，但它在餐饮业、汽车制造（作为车辆中的数字助手）、金融服务和医疗保健中找到了显著的应用价值。</p>
<p>随着客户基础的快速扩展，SoundHound AI 也展现出令人印象深刻的增长。在第二季度，收入同比增长 217%，达到 4300 万美元。</p>
<p>该季度报告显示，全球前 10 大金融机构中有七家是 SoundHound 的客户，其中四家要么续签了合同，要么增加了使用量。这是巨大的势头，表明精明的客户从其产品中获得了很多价值。</p>
<p>这增加的收入将使公司能够进一步完善其产品，并创建一个与人类对手几乎无法区分的平台。我们将看到 SoundHound AI 在未来几年的进展，但管理层对其增长轨迹感到非常兴奋。</p>
<h2>股票并不便宜，但很难对如此快速增长的公司进行估值</h2>
<p>影响 SoundHound AI 快速增长的一个因素是它在过去几年进行的一些收购。收购公司时增长是很容易的，但投资者真正关心的是有机增长。</p>
<p>有机增长来自现有业务，是推动公司长期增长的动力。首席财务官 Nitesh Sharan 表示，管理层预计在可预见的未来每年将实现 50% 或更高的有机增长。</p>
<p>如果 SoundHound AI 在未来六年内能够实现 50% 的有机增长，它的收入将增长十倍。这可能为投资者提供他们所寻求的十年内 10 倍的回报，但前提是股票价格合理。</p>
<p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/54393b30100d0337c8dd3183bf006dd9.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/54393b30100d0337c8dd3183bf006dd9.png"/></p>
<p>SOUN PS 比率数据来自 YCharts；PS = 市销率。</p>
<p>以 43 倍的销售额计算，SoundHound AI 绝对不便宜。但当它的收入年复一年增长三倍，并预计未来几年将实现 50% 的年有机增长率时，我不会指责市场对这只股票的估值。与另一家 AI 软件提供商 <strong>Palantir</strong>（市销率为 125 倍）相比，这只股票实际上看起来相当便宜。</p>
<p>SoundHound AI 并非没有风险。没有什么能阻止其他 AI 巨头推出竞争产品。这可能会显著扰乱其商业模式，并使其难以以预期的速度增长。此外，该公司深度亏损，未来需要在某个时候实现盈利。</p>
<p>然而，只要投资者适当控制自己的持仓规模，我认为这只股票可能会有巨大的上涨空间。保持小规模的持仓可以确保你在捕捉上涨的同时，也限制了如果股票跌至 0 的下行风险。SoundHound AI 有潜力成为一个巨大的 AI 赢家，但也可能会因为其产品的成功程度或是否出现有力竞争对手而遭遇失败。</p>

SOUN

<p>这篇文章讨论了 SoundHound AI (SOUN) 作为人工智能领域一个有前景的投资机会，预测其估值可能在十年内从 60 亿美元增长到 600 亿美元。该公司展现了令人印象深刻的增长，年收入同比增长 217%，并在多个行业中获得了关注。尽管其市销率较高且面临竞争风险，但预计该公司将实现显著的有机增长，使其成为投资者潜在的十倍投资机会</p>

<p>Finding stocks that can increase in value tenfold in a decade is a dream of every investor. Such investments can be rare; for a company to rise 1,000% in a decade, it needs to be operating in a rapidly expanding industry.</p>
<div class="lb-trans"><p>找到在十年内价值增长十倍的股票是每个投资者的梦想。这类投资可能很稀有；一家公司的市值在十年内增长 1000%，需要在一个快速扩张的行业中运营。</p>
</div><p>What bigger industry is there than artificial intelligence (AI) right now? I think this is a great place to search for companies with the potential to post monster returns over the next decade, even though there have already been some winners.</p>
<div class="lb-trans"><p>现在还有什么比人工智能（AI）更大的行业呢？我认为这是寻找未来十年有潜力实现巨大回报的公司的绝佳地方，尽管已经有一些赢家。</p>
</div><p>One that I think is primed to dominate over the next decade is <strong>SoundHound AI</strong>(SOUN 4.03%). It's still a relatively small company with a mere $6 billion valuation. However, I could easily see it becoming a $60 billion company a decade from now if a few things go in its favor.</p>
<div class="lb-trans"><p>我认为在未来十年内有望主导市场的公司是 <strong>SoundHound AI</strong>(SOUN 4.03%)。它仍然是一家相对较小的公司，市值仅为 60 亿美元。然而，如果一些因素对它有利，我很容易看到它在十年后成为 600 亿美元的公司。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MjkyNTYvYXJ0aWZpY2lhbC1pbnRlbGxpZ2VuY2UtYWktcm9ib3QtYmlnLWRhdGEtYnVsbC1tYXJrZXQtc3RvY2stY2hhcnQtZ2V0dHkuanBnJnc9NzAw" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F829256%2Fartificial-intelligence-ai-robot-big-data-bull-market-stock-chart-getty.jpg&amp;op=resize&amp;w=700"/></p>
<p>Image source: Getty Images.</p>
<div class="lb-trans"><p>图片来源：Getty Images。</p>
</div><h2>SoundHound AI's technology is spreading</h2>
<div class="lb-trans"><h2>SoundHound AI 的技术正在扩展</h2>
</div><p>SoundHound AI merges audio recognition with AI. This allows it to perform better than traditional digital assistants, such as Siri or Alexa.</p>
<div class="lb-trans"><p>SoundHound AI 将音频识别与人工智能相结合。这使得它的表现优于传统的数字助手，如 Siri 或 Alexa。</p>
</div><p>Its products have extensive applications: Any business interaction that humans typically need with one another (such as assistance over the phone or taking a drive-thru order) can be automated by the company's technology.</p>
<div class="lb-trans"><p>它的产品有广泛的应用：任何人类之间通常需要的商业互动（例如电话协助或驾车自取订单）都可以通过公司的技术实现自动化。</p>
</div><p>While historical applications of audio recognition technology have performed relatively poorly, SoundHound AI's platform can actually outperform human counterparts in many examples. We're still in the early innings of its product being deployed at a large scale, but it is finding significant utility in the restaurant industry, automaking (as digital assistants in vehicles), financial services, and healthcare.</p>
<div class="lb-trans"><p>虽然音频识别技术的历史应用表现相对较差，但 SoundHound AI 的平台在许多例子中实际上可以超越人类对手。我们仍处于其产品大规模部署的早期阶段，但它在餐饮业、汽车制造（作为车辆中的数字助手）、金融服务和医疗保健中找到了显著的应用价值。</p>
</div><p>SoundHound AI is also putting up impressive growth as its customer base quickly expands. In the second quarter, revenue increased 217% year over year to $43 million.</p>
<div class="lb-trans"><p>随着客户基础的快速扩展，SoundHound AI 也展现出令人印象深刻的增长。在第二季度，收入同比增长 217%，达到 4300 万美元。</p>
</div><p>That quarterly report said that seven of the top 10 global financial institutions are SoundHound clients, and four of them either renewed their contract or increased their usage. That's huge momentum and shows that savvy clients are getting a lot of value out of its product.</p>
<div class="lb-trans"><p>该季度报告显示，全球前 10 大金融机构中有七家是 SoundHound 的客户，其中四家要么续签了合同，要么增加了使用量。这是巨大的势头，表明精明的客户从其产品中获得了很多价值。</p>
</div><p>This increased revenue will allow the company to refine its product further and create a platform that may be barely distinguishable from a human counterpart. We'll see how SoundHound AI progresses over the next few years, but management is incredibly excited about its growth trajectory.</p>
<div class="lb-trans"><p>这增加的收入将使公司能够进一步完善其产品，并创建一个与人类对手几乎无法区分的平台。我们将看到 SoundHound AI 在未来几年的进展，但管理层对其增长轨迹感到非常兴奋。</p>
</div><h2>The stock isn't cheap, but it's hard to value a company growing as quickly as it is</h2>
<div class="lb-trans"><h2>股票并不便宜，但很难对如此快速增长的公司进行估值</h2>
</div><p>One factor that's influencing SoundHound AI's rapid growth is some acquisitions it made over the past few years. It's easy to grow when you're buying up companies, but what investors truly care about is organic growth.</p>
<div class="lb-trans"><p>影响 SoundHound AI 快速增长的一个因素是它在过去几年进行的一些收购。收购公司时增长是很容易的，但投资者真正关心的是有机增长。</p>
</div><p>This occurs from existing business and is what drives a company higher over the long run. Chief financial officer Nitesh Sharan said that management sees 50% or greater organic growth for the foreseeable future on an annual basis.</p>
<div class="lb-trans"><p>有机增长来自现有业务，是推动公司长期增长的动力。首席财务官 Nitesh Sharan 表示，管理层预计在可预见的未来每年将实现 50% 或更高的有机增长。</p>
</div><p>If SoundHound AI can deliver 50% organic growth over the next six years, it would increase its revenue tenfold. That could provide investors with the 10x return over a decade that they are seeking, but only if the stock is reasonably priced.</p>
<div class="lb-trans"><p>如果 SoundHound AI 在未来六年内能够实现 50% 的有机增长，它的收入将增长十倍。这可能为投资者提供他们所寻求的十年内 10 倍的回报，但前提是股票价格合理。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://media.ycharts.com/charts/54393b30100d0337c8dd3183bf006dd9.png" alt="" original-src="https://media.ycharts.com/charts/54393b30100d0337c8dd3183bf006dd9.png"/></p>
<p>SOUN PS Ratio data by YCharts; PS = price to sales.</p>
<div class="lb-trans"><p>SOUN PS 比率数据来自 YCharts；PS = 市销率。</p>
</div><p>At 43 times sales, SoundHound AI isn't cheap by any means. But I'm not going to fault the market for how it's valuing this stock when it's tripling its revenue year over year and projecting a 50% annual organic growth rate in the coming years. When compared to another AI software provider, <strong>Palantir</strong>, which trades for 125 times sales, the stock actually looks pretty cheap.</p>
<div class="lb-trans"><p>以 43 倍的销售额计算，SoundHound AI 绝对不便宜。但当它的收入年复一年增长三倍，并预计未来几年将实现 50% 的年有机增长率时，我不会指责市场对这只股票的估值。与另一家 AI 软件提供商 <strong>Palantir</strong>（市销率为 125 倍）相比，这只股票实际上看起来相当便宜。</p>
</div><p>SoundHound AI isn't without risk. Nothing is stopping one of the other AI hyperscalers from launching a competing product. This could significantly disrupt its business model and make it difficult to grow at the projected rate. Also, the company is deeply unprofitable, and it will need to flip the profitability switch sometime in the future.</p>
<div class="lb-trans"><p>SoundHound AI 并非没有风险。没有什么能阻止其他 AI 巨头推出竞争产品。这可能会显著扰乱其商业模式，并使其难以以预期的速度增长。此外，该公司深度亏损，未来需要在某个时候实现盈利。</p>
</div><p>However, as long as investors size their position appropriately, I think there could be monster upside in the stock. Keeping a position size small can ensure that you capture the upside while also limiting the downside if the stock goes to $0. SoundHound AI has the potential to be a huge AI winner, but it could also lose depending on how successful its product is or if a worthy competitor arises.</p>
<div class="lb-trans"><p>然而，只要投资者适当控制自己的持仓规模，我认为这只股票可能会有巨大的上涨空间。保持小规模的持仓可以确保你在捕捉上涨的同时，也限制了如果股票跌至 0 的下行风险。SoundHound AI 有潜力成为一个巨大的 AI 赢家，但也可能会因为其产品的成功程度或是否出现有力竞争对手而遭遇失败。</p>
</div>

预测：未来十年内有望上涨十倍的人工智能（AI）股票之一，值得购买