SoundHound AI Acquires Amelia for $80M, Expands AI Reach and Capabilities

By Abhijeet Adhikari
Published on August 9, 2024

AI Startups

The combined entity will serve nearly 200 marquee customers, including some of the largest multinational enterprises, top 15 global banks, and Fortune 500 organizations.

SoundHound AI, Inc. has announced its acquisition of Amelia, a prominent enterprise AI software company. This strategic combination positions SoundHound AI at the forefront of voice and conversational generative AI solutions, with an expanded reach across multiple industries including retail, financial services, healthcare, automotive, smart devices, and restaurants. https://twitter.com/TheAmeliaAI/status/1821533702381346982 The acquisition, valued at $80 million in cash and equity, brings together decades of experience in conversational AI and complementary product portfolios. The com

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Abhijeet Adhikari

Abhijeet Adhikari is a Research Associate at AIM-Research, focusing on AI and data science related research reports. Beyond his professional role, Abhijeet is an avid reader with a particular interest in historical and mythological facts, you can reach him at abhijeet.adhikari@aimresearch.co

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