It’s a bear versus a predator in today’s battle!
Reasonably priced artificial intelligence (AI) growth stocks are a rare breed these days, as share prices of AI stocks have skyrocketed. However, the two niche AI companies haven’t seen the explosive growth of these heavy hitters…at least, not yet.
Will AI create the world’s first trillionaire? Our team just published a report on a little-known company, called “Essential Dependency” that provides critical technology to both Nvidia and Intel. Continue »
AI voice recognition expert contributions SoundHound AI (NASDAQ: SOUN ) Only 14.7% trade in the last five years, while defense and security are concentrated BigBear.aiof the (NYSE: BBAI ) The stock is down 62%. But only one of these top AI players has the potential to make you rich.
SoundHound has developed a voice AI chatbot that is primarily used for placing restaurant orders over the phone or at the drive-thru window, and as a handheld voice assistant in cars. However, the company is trying to expand into other industries, especially finance and insurance.
At the same time, BigBear.ai is very successful in the niche markets it serves. Its TrueFace AI-powered facial recognition platform is used at security screening checkpoints at many U.S. airports, including Chicago’s O’Hare International Airport, one of the busiest in the country. The Department of Defense uses its ConductorOS edge computing platform to ensure secure communications in remote locations.
The problem for BigBear.ai — and one possible reason its revenue has declined in recent quarters — is that these defense-focused applications aren’t really useful to the broader market. On the other hand, SoundHound’s AI-powered voice chatbot has a chance to be adopted by almost any business that can take advantage of a customer service helpline without waiting.
Therefore, although SoundHound’s technology faces a lot of potential competition, it is the winner of this battle.
Before you buy stock in SoundHound AI, consider this:
of the Motley Fool Stock Advisor The analyst team identified only what they believed 10 best stocks For investors to buy now… and SoundHound AI was not one of them. The 10 stocks that made the cut could produce monster returns in the coming years.
Consider when Netflix This list was created on December 17, 2004 … If you invested $1,000 at the time of our recommendation, You will have $519,015or when Nvidia This list was created on April 15, 2005 … If you invested $1,000 at the time of our recommendation, You will have $1,086,211!*
