SoundHound AI acquires Amelia for $80M, expanding into financial services, healthcare, and retail sectors.

SoundHound AI, a leading voice interface technology company, has acquired Amelia, a top enterprise AI software firm, for $80M in cash and equity. The move aims to expand SoundHound's presence in sectors like financial services, healthcare, and retail, with combined revenues projected to reach $150M by 2025. Amelia's AI agents can be customized for internal or customer use, strengthening SoundHound's enterprise services offering.

August 08, 2024
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