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Soundhound AI Shares Are On The Rise Today: What's Going On?
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Soundhound AI Shares Are On The Rise Today: What's Going On?
Jan 21, 2025 12:08 PM

Shares of SoundHound AI, Inc. ( SOUN ) are trading higher Tuesday following the announcement of a collaboration with Rekor Systems, Inc. ( REKR ) .

What To know: The partnership between SoundHound AI ( SOUN ) and Rekor Systems ( REKR ) will integrate SoundHound’s voice AI with Rekor’s vehicle recognition software, Rekor Scout, to enhance emergency vehicle technology. The goal is to create hands-free solutions for law enforcement and first responders, enabling the use of systems like automatic license plate recognition (ALPR), sirens and in-car data terminals via voice commands.

The technology will deliver real-time, voice-enabled alerts for wanted vehicles, Amber Alerts and other high-priority notifications, improving situational awareness by replacing traditional audio cues with natural language.

Initially focused on police vehicles, the solution will expand to fire trucks and ambulances. It will integrate with Mobile Data Terminals (MDTs) to allow officers to query databases, log incidents and perform tasks hands-free. Rekor Scout will also utilize existing high-resolution cameras in emergency vehicles, removing the need for additional hardware.

SoundHound CEO Keyvan Mohajer called the collaboration transformative, citing its potential to enhance safety and reduce distractions for law enforcement. Rekor ( REKR ) leadership potentially emphasized its global relevance and role in modernizing policing technology.

SOUN Price Action: Soundhound shares were up 15.4% at $15.74 at the time of writing, according to Benzinga pro.

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