"A market lead in digital advertising drives most of the Google parent's current revenue, and consequently, its future appears to lie in offerings driven by artificial intelligence (AI) like Google Cloud and Waymo. However, technology like Google Assistant and voice commands on Android have helped make Alphabet a major player in voice-powered commerce. Also, the company just introduced Gemini Enterprise for Customer Experience, which can direct customers to specific products through natural language."
"This also includes its Universal Commerce Protocol (UCP), an open standard designed for agentic commerce, enabling AI agents to search, compare, and complete transactions on behalf of customers. Such products should help a company like Alphabet capitalize on this rapidly growing market. According to Grand View Research, voice-powered commerce will have a 25% compound annual growth rate (CAGR) through 2030, enough to become a significant growth driver for the company."
"In voice recognition for commerce applications, SoundHound AI has attracted considerable interest from high-profile companies and investors alike. It has built on its following among automakers to serve other industries such as retail, finance, and communications. Nonetheless, its market cap is a relatively modest $4.1 billion, a tiny fraction of its "Magnificent Seven" competitors. That could spark interest in larger peers, and given Alphabet's resources, investors may want to consider that stock instead."
SoundHound AI has drawn interest from prominent companies and investors for voice recognition in commerce and expanded from automakers into retail, finance, and communications. Its market capitalization is about $4.1 billion, far smaller than large competitors, which could make it an acquisition target. Alphabet generates most revenue from digital advertising and is focusing on AI-driven offerings such as Google Cloud, Waymo, Google Assistant, and Gemini Enterprise for Customer Experience. Alphabet's Universal Commerce Protocol enables agentic commerce where AI agents search, compare, and transact. Voice-powered commerce is projected to grow about 25% CAGR through 2030. SoundHound reported negative free cash flow and limited liquidity, raising funding concerns.
Read at The Motley Fool
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