<p><strong>SoundHound AI</strong>(SOUN 0.31%) 的股價在過去一年中波動較大，這可能會引起對內部人士賣出股票的關注。在九月份，三位高管出售了股票：首席技術官 Timothy Stonehocker 出售了約 2,200 股，工程副總裁 Majid Emami 賣出了大約 36,000 股，首席財務官 Nitesh Sharan 賣出了超過 60,000 股。這些交易也都是在 10b5-1 計劃下進行的，這意味着它們是預先安排的。</p>
<p>從整體來看，這些銷售數量較小，三位高管仍持有大量股票。因此，這並不意味着高管們急於退出，而是股票在強勁表現後的常規出售。同時，內部人士的賣出並不是 SoundHound AI 過去表現的可靠指標。</p>
<p>雖然高管出售股票的新聞有時可能令人擔憂，但通常這並不是大多數投資者需要擔心的事情。高管出售股票有很多原因，通常他們的薪酬大部分以股票形式發放。</p>
<p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzU2NDIvZ2V0dHlpbWFnZXMtMTQzMjQ1Nzk2OS5qcGcmdz03MDA?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-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzU2NDIvZ2V0dHlpbWFnZXMtMTQzMjQ1Nzk2OS5qcGcmdz03MDA"/></p>
<p>圖片來源：Getty Images。</p>
<h2>尋求成為代理人工智能領導者</h2>
<p>更大的故事是 SoundHound 正在構建的內容。它最初是一家人工智能（AI）語音公司，其語音到意義和深層理解技術超越了傳統的語音識別，能夠實時解讀用户的意圖。這項技術在汽車行業得到了強烈認可，為現代汽車、<strong>Stellantis</strong> 等公司的車輛提供語音助手。它在餐飲行業也取得了顯著進展，為多個大型連鎖店提供了自駕、電話和自助點餐服務。</p>
<p>然而，當 SoundHound 去年收購了一家名為 Amelia 的公司時，故事變得更加有趣。Amelia 專注於在複雜的受監管行業（如醫療保健和金融服務）中提供虛擬代理。這些行業都有自己的術語和合規要求，因此 Amelia 帶來了新技術和令人印象深刻的客户名單。SoundHound 隨後將其先進的語音到意義平台與 Amelia 的對話智能結合起來，創造了一個更強大的代理。</p>
<p>今年 Amelia 7.0 的推出是 SoundHound 在代理人工智能推進中的關鍵一步。該平台的 AI 代理像數字員工一樣，理解意圖並與人自然互動，以幫助自主完成任務。它可以與 ERP 和 CRM 平台、醫療系統、銀行和保險進行集成。這使得它不僅僅用於語音命令，因為它實際上可以解決問題或完成端到端的交易。</p>
<p>這就是 SoundHound 最大的增長潛力所在。一個能夠通過自動化常規工作來降低客户服務成本的平台具有強大的價值主張。該公司已經將 15 家最大的企業客户遷移到新平台上。</p>
<p>然而，它並沒有止步於此。它最近還增加了視覺 AI，使其能夠將視覺識別與語音代理配對，從而打開更多的應用場景。它還最近宣佈收購了一家名為 Interactions 的公司，以進一步增強其 AI 代理的能力。</p>
<p>即使在推進代理人工智能之前，SoundHound 也處於高速增長模式。第二季度收入同比增長 217%，達到 4270 萬美元，遠超預期。管理層還將全年收入指引上調至 1.6 億至 1.78 億美元，並預計到 2025 年底實現調整後 EBITDA 盈利。儘管 Amelia 收購初期面臨一些壓力，但毛利率仍然環比改善。</p>
<h2>SoundHound 的股票值得購買嗎？</h2>
<p>儘管收入增長強勁，SoundHound 的股票仍然具有投機性。執行風險依然很高，因為代理人工智能領域競爭激烈，且有更大的參與者在其中，資金更為雄厚。然而，最近股價的回調似乎更多是情緒和估值的問題，而不是增長故事中的任何裂痕。</p>
<p>九月份的內部人士賣出並沒有改變 SoundHound 的故事。它面臨着巨大的機會，如果能夠實現其代理人工智能的願景，其長期上行潛力巨大。對於願意忍受一些波動的投資者來説，SoundHound 是一隻值得小規模投機性投資的成長股。</p>

SOUN

<p>SoundHound AI 的股票經歷了波動，近期高管在 10b5-1 計劃下進行了內部出售。儘管存在擔憂，這些銷售似乎是常規操作，高管們仍持有大量股票。公司專注於推進其人工智能技術，特別是在自主智能方面，此前收購了 Amelia。SoundHound 的收入同比激增 217%，管理層提高了收入指引。儘管由於競爭，股票仍然具有投機性，但長期增長潛力顯著，使其成為小額投機投資的候選者</p>

<p><strong>SoundHound AI</strong>(SOUN 0.31%) share prices have been volatile over the past year, which can put insider selling under the microscope. In September, three top executives sold stock: CTO Timothy Stonehocker sold about 2,200 shares, VP of Engineering Majid Emami unloaded roughly 36,000 shares, and CFO Nitesh Sharan sold more than 60,000 shares. These trades were also made under 10b5-1 plans, which means they were pre-scheduled.</p>
<div class="lb-trans"><p><strong>SoundHound AI</strong>(SOUN 0.31%) 的股價在過去一年中波動較大，這可能會引起對內部人士賣出股票的關注。在九月份，三位高管出售了股票：首席技術官 Timothy Stonehocker 出售了約 2,200 股，工程副總裁 Majid Emami 賣出了大約 36,000 股，首席財務官 Nitesh Sharan 賣出了超過 60,000 股。這些交易也都是在 10b5-1 計劃下進行的，這意味着它們是預先安排的。</p>
</div><p>The sales were small in context, and all three execs continue to own a lot of stock. As such, this doesn't look like executives were rushing for the exits, but instead routine selling after a strong run in the stock. Meanwhile, insider selling has not been a reliable indicator of SoundHound AI's past performance.</p>
<div class="lb-trans"><p>從整體來看，這些銷售數量較小，三位高管仍持有大量股票。因此，這並不意味着高管們急於退出，而是股票在強勁表現後的常規出售。同時，內部人士的賣出並不是 SoundHound AI 過去表現的可靠指標。</p>
</div><p>While sometimes the headlines of executive selling can be alarming, it's generally not something that most investors should worry about. Executives sell shares for a lot of reasons, and often much of their compensation comes in the form of stock.</p>
<div class="lb-trans"><p>雖然高管出售股票的新聞有時可能令人擔憂，但通常這並不是大多數投資者需要擔心的事情。高管出售股票有很多原因，通常他們的薪酬大部分以股票形式發放。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://g.foolcdn.com/image//query-b3A9cmVzaXplJnVybD1odHRwczovL2cuZm9vbGNkbi5jb20vZWRpdG9yaWFsL2ltYWdlcy84MzU2NDIvZ2V0dHlpbWFnZXMtMTQzMjQ1Nzk2OS5qcGcmdz03MDA" alt="" original-src="https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F835642%2Fgettyimages-1432457969.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>Looking to be an agentic AI leader</h2>
<div class="lb-trans"><h2>尋求成為代理人工智能領導者</h2>
</div><p>The bigger story is what SoundHound is building. It started as an artificial intelligence (AI) voice company, whose speech-to-meaning and deep-meaning understanding technology goes beyond traditional speech recognition and can interpret a user's intent in real time. That technology has found strong acceptance in the auto industry, powering voice assistants in vehicles for Hyundai, <strong>Stellantis</strong>, and others. It has also made strong inroads in restaurants, powering drive-thru, phone, and kiosk ordering for several big chains.</p>
<div class="lb-trans"><p>更大的故事是 SoundHound 正在構建的內容。它最初是一家人工智能（AI）語音公司，其語音到意義和深層理解技術超越了傳統的語音識別，能夠實時解讀用户的意圖。這項技術在汽車行業得到了強烈認可，為現代汽車、<strong>Stellantis</strong> 等公司的車輛提供語音助手。它在餐飲行業也取得了顯著進展，為多個大型連鎖店提供了自駕、電話和自助點餐服務。</p>
</div><p>However, the SoundHound story became even more interesting when it acquired a company called Amelia last year. Amelia specialized in virtual agents in complicated, regulated industries like healthcare and financial services. These industries all have their own jargon and compliance requirements, so Amelia brought with it both new technology and an impressive client list. SoundHound then combined its advanced speech-to-meaning platform with Amelia's conversational intelligence to create a far more capable agent.</p>
<div class="lb-trans"><p>然而，當 SoundHound 去年收購了一家名為 Amelia 的公司時，故事變得更加有趣。Amelia 專注於在複雜的受監管行業（如醫療保健和金融服務）中提供虛擬代理。這些行業都有自己的術語和合規要求，因此 Amelia 帶來了新技術和令人印象深刻的客户名單。SoundHound 隨後將其先進的語音到意義平台與 Amelia 的對話智能結合起來，創造了一個更強大的代理。</p>
</div><p>The launch of Amelia 7.0 this year was a key step forward in SoundHound's agent AI push. The platform's AI agents act like a digital employee that understands intent and interacts naturally with people to help complete tasks autonomously. It can integrate with ERP and CRM platforms, medical systems, banking, and insurance. This makes it useful for more than just voice commands, as it can actually resolve problems or complete transactions end-to-end.</p>
<div class="lb-trans"><p>今年 Amelia 7.0 的推出是 SoundHound 在代理人工智能推進中的關鍵一步。該平台的 AI 代理像數字員工一樣，理解意圖並與人自然互動，以幫助自主完成任務。它可以與 ERP 和 CRM 平台、醫療系統、銀行和保險進行集成。這使得它不僅僅用於語音命令，因為它實際上可以解決問題或完成端到端的交易。</p>
</div><p>This is where SoundHound's biggest growth potential lies. A platform that can cut customer service costs by automating routine work has a compelling value proposition. The company is already migrating 15 of its largest enterprise clients onto the new platform.</p>
<div class="lb-trans"><p>這就是 SoundHound 最大的增長潛力所在。一個能夠通過自動化常規工作來降低客户服務成本的平台具有強大的價值主張。該公司已經將 15 家最大的企業客户遷移到新平台上。</p>
</div><p>However, it isn't stopping there. It also recently added vision AI, giving it the ability to pair visual recognition with its voice agents, which opens up more use cases. It also recently announced it is acquiring a company called Interactions to further enhance the abilities of its AI agents.</p>
<div class="lb-trans"><p>然而，它並沒有止步於此。它最近還增加了視覺 AI，使其能夠將視覺識別與語音代理配對，從而打開更多的應用場景。它還最近宣佈收購了一家名為 Interactions 的公司，以進一步增強其 AI 代理的能力。</p>
</div><p>Even before its push into agentic AI, SoundHound was in hypergrowth mode. Revenue jumped 217% year over year to $42.7 million in the second quarter, which was well above expectations. Management also raised its full-year revenue guidance to between $160 million to $178 million and expects to reach adjusted EBITDA profitability by the end of 2025. Gross margins improved sequentially despite some initial pressure from the Amelia acquisition.</p>
<div class="lb-trans"><p>即使在推進代理人工智能之前，SoundHound 也處於高速增長模式。第二季度收入同比增長 217%，達到 4270 萬美元，遠超預期。管理層還將全年收入指引上調至 1.6 億至 1.78 億美元，並預計到 2025 年底實現調整後 EBITDA 盈利。儘管 Amelia 收購初期面臨一些壓力，但毛利率仍然環比改善。</p>
</div><h2>Is SoundHound's stock a buy?</h2>
<div class="lb-trans"><h2>SoundHound 的股票值得購買嗎？</h2>
</div><p>Despite its strong revenue growth, SoundHound's stock is still speculative. Execution risk remains high because competition in agentic AI is intense, and there are bigger players in the space with deeper pockets. However, the recent pullback in the stock looks more about sentiment and valuation than any cracks in the growth story.</p>
<div class="lb-trans"><p>儘管收入增長強勁，SoundHound 的股票仍然具有投機性。執行風險依然很高，因為代理人工智能領域競爭激烈，且有更大的參與者在其中，資金更為雄厚。然而，最近股價的回調似乎更多是情緒和估值的問題，而不是增長故事中的任何裂痕。</p>
</div><p>Insider selling in September doesn't change the SoundHound story. It has a huge opportunity ahead, and if it can deliver on its agentic AI vision, its long-term upside potential is huge. For investors willing to ride out some volatility, SoundHound is a growth stock worth having a small, speculative position in.</p>
<div class="lb-trans"><p>九月份的內部人士賣出並沒有改變 SoundHound 的故事。它面臨着巨大的機會，如果能夠實現其代理人工智能的願景，其長期上行潛力巨大。對於願意忍受一些波動的投資者來説，SoundHound 是一隻值得小規模投機性投資的成長股。</p>
</div>

SoundHound AI 股票：投資者是否應該擔心高管最近的內部出售行為？