"SoundHound AI Revolutionizes In-Car Experience with Voice-Enabled Food Ordering Platform"

SoundHound AI has unveiled an innovative in-vehicle voice commerce platform at CES 2025, enabling drivers and passengers to order takeout directly through their car's infotainment system using voice commands. This system allows users to find nearby restaurants, place orders, make payments, and navigate to pick-up locations seamlessly and hands-free.

SoundHound

The company is in discussions with major automotive manufacturers to pilot this technology, aiming for a launch in collaboration with automakers and restaurant partners within the year. Research indicates that a majority of drivers in the US and Europe would welcome this feature, with over half stating they would use it regularly.

SoundHound

Following the announcement, SoundHound's stock experienced a significant increase, rising over 12% and finding support along its 50-day moving average. This surge reflects investor confidence in the company's strategic direction and technological advancements.

Investors

Despite the positive reception of the new platform, SoundHound's stock faced a decline of 10% to $17.84, influenced by broader market trends, including a 0.7% drop in the S&P 500 due to higher-than-expected November job openings. This indicates that while innovative product launches can boost investor confidence, external economic factors continue to impact stock performance.

Barron's

SoundHound's recent acquisition of Allset has accelerated the development of its voice commerce ecosystem, positioning the company to expand into other areas such as banking transactions, ticket purchases, and appointment scheduling in the future.

SoundHound

Overall, SoundHound AI's introduction of the in-vehicle voice commerce platform represents a significant step forward in integrating AI-driven voice technology into everyday consumer experiences, potentially transforming how drivers interact with services while on the move.