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SoundHound AI, Inc (NASDAQ:SOUN) unveiled on Monday that its voice assistant integrated with ChatGPT will be a pioneering entry into Japanese vehicles.
This marks the introduction of SoundHound Chat AI Automotive as the world’s inaugural in-vehicle voice assistant featuring generative AI, available from April 2023 and set to be incorporated into Stellantis NV (NYSE:STLA) Stellantis DS Automobiles in Japan this month.
DS Automobiles spearheaded the adoption of this technology, launching into full production at the start of March 2024, offering it in 13 languages across 18 nations.
This advanced assistant, Iris by DS Automobiles, enables users to perform many tasks hands-free, from trip planning to accessing live parking information, leveraging its capability to interact with a broad spectrum of real-time data and large language models such as ChatGPT.
SoundHound’s innovative approach also significantly mitigates the risk of “AI hallucinations,” ensuring more reliable and accurate responses.
The SoundHound Chat AI platform is designed to work seamlessly with any third-party generative AI model, maintaining fluid conversations and providing precise answers across various domains.
With over 20 car brands among its clientele in just seven years, SoundHound AI continues to grow its presence in the automotive industry, now serving over 25% of the market.
The company unveiled an in-vehicle voice assistant powered by Nvidia Corp’s (NASDAQ:NVDA) DRIVE platform to deliver real-time responses. This assistant provides access to SoundHound Vehicle Intelligence, allowing for swift information retrieval through natural speech.
SoundHound AI stock gained over 178% in the last 12 months. Investors can access the stock via Themes Generative Artificial Intelligence ETF (NASDAQ:WISE) and SPDR S&P Software & Services ETF (NYSE:XSW).
Price Action: SOUN shares are down 2.94% at $5.96 on the last check Monday.
Photo via Shutterstock
