SoundHound AI reported Q2 2026 revenue of $61.9 million, a 45% year-over-year increase, driven by enterprise adoption of its OASYS platform. The company raised its full-year 2026 revenue outlook to $230–$260 million and reported a GAAP net loss of $(42.8) million versus $(74.7) million in the prior year period. Management highlighted significant new contracts in healthcare, automotive, and retail sectors, including multi-year partnerships with Stellantis and Hyundai. The company holds $203 million in cash with no debt. SoundHound AI operates in the artificial intelligence industry, providing voice recognition and agentic AI solutions for enterprise customers.

SoundHound AI, Inc. entered into an Amended and Restated Merger Agreement on July 2, 2026, to acquire LivePerson, Inc. through a two-step merger involving its subsidiaries, Lightspeed Merger Sub I and II. Under the terms, LivePerson common stock will be converted into SoundHound Class A common stock based on a formula involving an aggregate consideration amount of $42,784,532.64, adjusted for LivePerson's shortfall cash and in-the-money options. Additionally, TASE shares will be converted into cash, capped at $7,500,000. The transaction is subject to customary closing conditions, including LivePerson stockholder approval and regulatory clearances. SoundHound AI, Inc. is an artificial intelligence company providing voice and conversational intelligence solutions.