<p>找到在十年內價值增長十倍的股票是每個投資者的夢想。這類投資可能很稀有；一家公司的市值在十年內增長 1000%，需要在一個快速擴張的行業中運營。</p>
<p>現在還有什麼比人工智能（AI）更大的行業呢？我認為這是尋找未來十年有潛力實現巨大回報的公司的絕佳地方，儘管已經有一些贏家。</p>
<p>我認為在未來十年內有望主導市場的公司是 <strong>SoundHound AI</strong>(SOUN 4.03%)。它仍然是一家相對較小的公司，市值僅為 60 億美元。然而，如果一些因素對它有利，我很容易看到它在十年後成為 600 億美元的公司。</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>圖片來源：Getty Images。</p>
<h2>SoundHound AI 的技術正在擴展</h2>
<p>SoundHound AI 將音頻識別與人工智能相結合。這使得它的表現優於傳統的數字助手，如 Siri 或 Alexa。</p>
<p>它的產品有廣泛的應用：任何人類之間通常需要的商業互動（例如電話協助或駕車自取訂單）都可以通過公司的技術實現自動化。</p>
<p>雖然音頻識別技術的歷史應用表現相對較差，但 SoundHound AI 的平台在許多例子中實際上可以超越人類對手。我們仍處於其產品大規模部署的早期階段，但它在餐飲業、汽車製造（作為車輛中的數字助手）、金融服務和醫療保健中找到了顯著的應用價值。</p>
<p>隨着客户基礎的快速擴展，SoundHound AI 也展現出令人印象深刻的增長。在第二季度，收入同比增長 217%，達到 4300 萬美元。</p>
<p>該季度報告顯示，全球前 10 大金融機構中有七家是 SoundHound 的客户，其中四家要麼續簽了合同，要麼增加了使用量。這是巨大的勢頭，表明精明的客户從其產品中獲得了很多價值。</p>
<p>這增加的收入將使公司能夠進一步完善其產品，並創建一個與人類對手幾乎無法區分的平台。我們將看到 SoundHound AI 在未來幾年的進展，但管理層對其增長軌跡感到非常興奮。</p>
<h2>股票並不便宜，但很難對如此快速增長的公司進行估值</h2>
<p>影響 SoundHound AI 快速增長的一個因素是它在過去幾年進行的一些收購。收購公司時增長是很容易的，但投資者真正關心的是有機增長。</p>
<p>有機增長來自現有業務，是推動公司長期增長的動力。首席財務官 Nitesh Sharan 表示，管理層預計在可預見的未來每年將實現 50% 或更高的有機增長。</p>
<p>如果 SoundHound AI 在未來六年內能夠實現 50% 的有機增長，它的收入將增長十倍。這可能為投資者提供他們所尋求的十年內 10 倍的回報，但前提是股票價格合理。</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 比率數據來自 YCharts；PS = 市銷率。</p>
<p>以 43 倍的銷售額計算，SoundHound AI 絕對不便宜。但當它的收入年復一年增長三倍，並預計未來幾年將實現 50% 的年有機增長率時，我不會指責市場對這隻股票的估值。與另一家 AI 軟件提供商 <strong>Palantir</strong>（市銷率為 125 倍）相比，這隻股票實際上看起來相當便宜。</p>
<p>SoundHound AI 並非沒有風險。沒有什麼能阻止其他 AI 巨頭推出競爭產品。這可能會顯著擾亂其商業模式，並使其難以以預期的速度增長。此外，該公司深度虧損，未來需要在某個時候實現盈利。</p>
<p>然而，只要投資者適當控制自己的持倉規模，我認為這隻股票可能會有巨大的上漲空間。保持小規模的持倉可以確保你在捕捉上漲的同時，也限制瞭如果股票跌至 0 的下行風險。SoundHound AI 有潛力成為一個巨大的 AI 贏家，但也可能會因為其產品的成功程度或是否出現有力競爭對手而遭遇失敗。</p>

SOUN

<p>這篇文章討論了 SoundHound AI (SOUN) 作為人工智能領域一個有前景的投資機會，預測其估值可能在十年內從 60 億美元增長到 600 億美元。該公司展現了令人印象深刻的增長，年收入同比增長 217%，並在多個行業中獲得了關注。儘管其市銷率較高且面臨競爭風險，但預計該公司將實現顯著的有機增長，使其成為投資者潛在的十倍投資機會</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>找到在十年內價值增長十倍的股票是每個投資者的夢想。這類投資可能很稀有；一家公司的市值在十年內增長 1000%，需要在一個快速擴張的行業中運營。</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>現在還有什麼比人工智能（AI）更大的行業呢？我認為這是尋找未來十年有潛力實現巨大回報的公司的絕佳地方，儘管已經有一些贏家。</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>我認為在未來十年內有望主導市場的公司是 <strong>SoundHound AI</strong>(SOUN 4.03%)。它仍然是一家相對較小的公司，市值僅為 60 億美元。然而，如果一些因素對它有利，我很容易看到它在十年後成為 600 億美元的公司。</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>圖片來源：Getty Images。</p>
</div><h2>SoundHound AI's technology is spreading</h2>
<div class="lb-trans"><h2>SoundHound AI 的技術正在擴展</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 將音頻識別與人工智能相結合。這使得它的表現優於傳統的數字助手，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>它的產品有廣泛的應用：任何人類之間通常需要的商業互動（例如電話協助或駕車自取訂單）都可以通過公司的技術實現自動化。</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>雖然音頻識別技術的歷史應用表現相對較差，但 SoundHound AI 的平台在許多例子中實際上可以超越人類對手。我們仍處於其產品大規模部署的早期階段，但它在餐飲業、汽車製造（作為車輛中的數字助手）、金融服務和醫療保健中找到了顯著的應用價值。</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>隨着客户基礎的快速擴展，SoundHound AI 也展現出令人印象深刻的增長。在第二季度，收入同比增長 217%，達到 4300 萬美元。</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>該季度報告顯示，全球前 10 大金融機構中有七家是 SoundHound 的客户，其中四家要麼續簽了合同，要麼增加了使用量。這是巨大的勢頭，表明精明的客户從其產品中獲得了很多價值。</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>這增加的收入將使公司能夠進一步完善其產品，並創建一個與人類對手幾乎無法區分的平台。我們將看到 SoundHound AI 在未來幾年的進展，但管理層對其增長軌跡感到非常興奮。</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>股票並不便宜，但很難對如此快速增長的公司進行估值</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>影響 SoundHound AI 快速增長的一個因素是它在過去幾年進行的一些收購。收購公司時增長是很容易的，但投資者真正關心的是有機增長。</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>有機增長來自現有業務，是推動公司長期增長的動力。首席財務官 Nitesh Sharan 表示，管理層預計在可預見的未來每年將實現 50% 或更高的有機增長。</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 在未來六年內能夠實現 50% 的有機增長，它的收入將增長十倍。這可能為投資者提供他們所尋求的十年內 10 倍的回報，但前提是股票價格合理。</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 比率數據來自 YCharts；PS = 市銷率。</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 倍的銷售額計算，SoundHound AI 絕對不便宜。但當它的收入年復一年增長三倍，並預計未來幾年將實現 50% 的年有機增長率時，我不會指責市場對這隻股票的估值。與另一家 AI 軟件提供商 <strong>Palantir</strong>（市銷率為 125 倍）相比，這隻股票實際上看起來相當便宜。</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 並非沒有風險。沒有什麼能阻止其他 AI 巨頭推出競爭產品。這可能會顯著擾亂其商業模式，並使其難以以預期的速度增長。此外，該公司深度虧損，未來需要在某個時候實現盈利。</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，只要投資者適當控制自己的持倉規模，我認為這隻股票可能會有巨大的上漲空間。保持小規模的持倉可以確保你在捕捉上漲的同時，也限制瞭如果股票跌至 0 的下行風險。SoundHound AI 有潛力成為一個巨大的 AI 贏家，但也可能會因為其產品的成功程度或是否出現有力競爭對手而遭遇失敗。</p>
</div>

預測：未來十年內有望上漲十倍的人工智能（AI）股票之一，值得購買