$SoundHound AI (SOUN.US)$ so as technology evolves (inferenc...
$SoundHound AI (SOUN.US)$ so as technology evolves (inference) many companies that were using what they perceive to be state-of-the-art they fall behind. and here's a company Cerebras whose technology is so fast that a permits conversations to be at a normalized perceived level of a person so you can have dialogue over your phone which also could be through your car which also could be through an order entry system at a restaurant and it sounds just like you're talking to a real person. so I think this is one of the issues that SoundHound is running up against is no matter how fast they think they're able to scale and grow what they offer is a solution is already outdated.
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36 yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker.
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104294223 : can short it now ?
10baggerbamm OP 104294223 : you can short whatever you want I'm not recommending you short I'm just showing people that what they perceive to be their large language model which is true learning state of the art really is not.. it's significantly lagging behind the evolution of technology. and this advancement in technology makes it easier for other companies to penetrate that marketplace because they don't need to put 15 years worth of their experience and anything because the technology exists they just need to package it into a product
104294223 : Sometimes all that positive press can be a bit misleading, especially if the fundamentals don’t support it. The price has been trending down despite the hype, which is why I’m holding a SHORT position on $SOUN. Might be worth considering a more cautious approach, just something to think about if you’re still LONG. Stay sharp, everyone!