ADDED
As of February 26, 2026, there were 390,278,787 shares of the Company s Class A common stock, $0.0001 par value per share, issued and outstanding, and 32,535,408 shares of the Company s Class B common stock, $0.0001 par value per share, issued and outstanding.
Following the integration of the Amelia platform into SoundHound's ecosystem in 2025, we enhanced our AI agent platform by enabling full-stack agentic AI for enterprises, moving beyond simple voice response to systems that can reason through IT support or customer service requests and execute backend actions autonomously.
With the launch of the Amelia 7 platform in 2025, SoundHound s AI agent orchestration platform brings new capabilities into the vehicle, enabling multiple agents to carry out tasks and transactions on behalf of the driver from the company s own voice commerce agents that allow food ordering and reservations with top restaurant brands, to external agents that will allow users to check email or adjust their schedules.
Additionally, through SoundHound's AI-driven restaurant voice ordering solution, Smart Ordering, automated voice technology can be deployed by any restaurant to take food and drink orders over the phone, via menu kiosks or at the drive-thru.
Houndify s ability to process and understand speech the instant a user stops speaking gives voice assistants the ability to respond faster.
Where existing voice technology requires wake words and relies on turn-taking with awkward pauses to process requests, Dynamic Interaction uses the twin technologies of fragment parsing which breaks speech down to partial-utterances and processes them in real-time and full-duplex audio-visual integration to create an instantaneous, next-generation experience in human-computer interaction.
With the launch of Amelia 7 platform in 2025, our AI agent orchestration platform brings new capabilities into the vehicle, enabling multiple agents to carry out tasks and transactions on behalf of the driver from the company s own voice commerce agents that allow food ordering and reservations with top restaurant brands, to external agents that will allow users to check email or adjust their schedules.
Our goal was to build a differentiated Voice AI technology that we fully own and which is significantly better than other solutions in the market.
We believe that product creators know their product and users best.
Intellectual Property SoundHound s intellectual property portfolio includes over 359 patents granted and over 102 patents pending worldwide.
REMOVED
As of March 6, 2025, there were 366,426,264 shares of the Company s Class A common stock, $0.0001 par value per share, issued and outstanding, and 32,535,408 shares of the Company s Class B common stock, $0.0001 par value per share, issued and outstanding.
And in fact, most other voice assistants will offer Chinese restaurants when asked to show restaurants excluding Chinese.
Natural Language Understanding ( NLU ) Our proprietary Speech-to-Meaning technology tracks speech in real-time and understands the context, even before the user has finished speaking.
Dynamic Interaction Dynamic Interaction is a category-level breakthrough in conversational AI that we believe raises the bar for human-computer interaction by not only recognizing and understanding speech, but also responding and acting in real-time.
We view the current environment as an opportunity to provide disruptive technologies with capabilities we believe are superior to existing alternatives, allowing customers to maintain their brand, control the user experience, get access to the data, and define their own privacy policies, while being able to customize, differentiate, innovate, and monetize.
In our case, we aim to offer our customers the best of both, enabling them to offer disruptive technologies to their users while maintaining control of their brand and user experience.
Intellectual Property SoundHound s intellectual property portfolio includes over 192 patents granted and over 109 patents pending worldwide.
Out of our 301 patents granted and pending, more than 40 of these patents are in conversational monetization.
We are not currently a party to any actions, claims, suits or other legal proceedings the outcome of which, if determined adversely to us, would individually or in the aggregate have a material adverse effect on our business, financial condition and results of operations.
Additionally, if any of our employees, contractors, vendors or service providers use any third-party AI-powered software in connection with our business or the services they provide to us, it may lead to the inadvertent disclosure of our confidential information, including inadvertent disclosure of our confidential information into publicly available third-party training sets, which may impact our ability to realize the benefit of, or adequately maintain, protect and enforce our intellectual property or confidential information, harming our competitive position and business.