Multi-year, joint agreement gives app
developers and device manufacturers access to an easy-to-deploy
voice AI solution
SoundHound Inc., a global leader in voice artificial
intelligence (AI), currently in the process of becoming a public
company through its expected merger with Archimedes Tech SPAC
Partners Co. (NASDAQ: ATSPT subunits, which consist of one share of
common stock and 1/4 of a warrant), today announced a multi-year
agreement with Qualcomm Technologies Inc. to enable SoundHound’s
advanced voice AI technology, consisting of its automatic speech
recognition, natural language understanding, and text-to-speech
conversion software with select Qualcomm Technologies’ Snapdragon®
platforms.
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the full release here:
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SoundHound Inc. and Qualcomm Technologies
Inc. announce a multi-year agreement to enable SoundHound’s
advanced voice AI technology on select Qualcomm Technologies’
Snapdragon® platforms. (Graphic: Business Wire)
App developers and device manufacturers have the ability to
integrate the advanced technologies provided by Qualcomm
Technologies and SoundHound to quickly and easily implement
enhanced conversational voice experiences and build voice
interfaces that can detect voice queries in noisy environments and
when a device is already transmitting other sounds.
“The combination of SoundHound's conversational intelligence
technology with our Snapdragon platforms paves the way for new use
cases and innovative voice experiences,” said Ziad Asghar, Vice
President, Product Management, Qualcomm Technologies, Inc.
“Combining Qualcomm Technologies’ voice technology with
SoundHound’s voice AI platform provides customers with the ability
to customize their voice solutions and provide new user
experiences, while maintaining transparency of user data.”
The solution brings together SoundHound’s advanced voice AI
platform, with its full stack of proprietary technology, including
Speech-to-Meaning® and Deep Meaning Understanding®, and a library
of hundreds of content domains and select Snapdragon platforms with
echo cancellation, noise reduction (ECNR), and user verification
technologies. Snapdragon’s low-power, always-on capability means
the host device is always ready to respond to a wake word or voice
command in a low-power state.
“Our collaboration with Qualcomm Technologies gives app
developers and hardware manufacturers a faster, simpler way to add
always-on, voice interfaces to their apps and devices,” said James
Hom, Co-Founder and VP Products, SoundHound Inc. “By combining
Qualcomm Technologies’ voice solutions with SoundHound’s voice AI
technology into a single solution, app developers and device
manufacturers can expand product offerings with more options for
enhanced voice services.”
Android app developers can now build voice user interfaces to
overcome the challenges associated with mobile app users not having
a device in their immediate vicinity. Once available, end users can
make a voice request to a voice-enabled app from across the
room—even when the device is already playing music or streaming
other content.
SoundHound’s natural language understanding (NLU) engine
delivers fast and accurate responses due to its proprietary
technologies that process speech in real-time and allows for double
negations, complex, multiple queries, and follow-on requests. Its
voice AI platform is flexible, scalable, and customizable, allowing
developers to create unique voice experiences that include a
combination of custom commands and custom content domains as well
as an extensive library of public content domains, including
weather, sports, news, entertainment, and more.
On Tuesday, January 25, 2022, at 10 am PT, Ziad Asghar, VP
Product Management, Qualcomm Technologies Inc. and Keyvan Mohajer,
Co-Founder and CEO, SoundHound Inc, will be discussing the
possibilities and benefits of voice assistants with embedded and
hybrid connectivity in the SoundHound-hosted webinar, How and Why
Voice Assistants are Moving to the Edge. Register here to join the
live panel discussion and Q&A session.
https://go.soundhound.com/edge-webinar
About SoundHound Inc.
SoundHound Inc., a leading innovator of conversational
intelligence, offers an independent voice AI platform that enables
businesses across industries to deliver best-in-class
conversational experiences to their customers. Built on proprietary
Speech-to-Meaning® and Deep Meaning Understanding® technologies,
SoundHound’s advanced voice AI platform provides exceptional speed
and accuracy and enables humans to interact with products and
services like they interact with each other—by speaking naturally.
SoundHound is trusted by companies around the globe, including
Hyundai, Mercedes-Benz, Pandora, Deutsche Telekom, Snap, VIZIO,
KIA, and Stellantis. www.soundhound.com
In November 2021, the company entered into a definitive merger
agreement with Archimedes Tech SPAC Partners Co. (NASDAQ: ATSPU
units, ATSPT subunits). If the transaction is consummated, the
company expects to be publicly listed on Nasdaq under the symbol
SOUN following the closing of the transaction.
About Archimedes Tech SPAC Partners Co.
Archimedes Tech SPAC Partners Co. is a blank check company
formed for the purpose of effecting a merger, share exchange, asset
acquisition, share purchase, reorganization or similar business
combination with one or more businesses in the artificial
intelligence, cloud services, and automotive technology
sectors.
Shares of Archimedes’ common stock are currently trading on the
Nasdaq Capital Market as part of Archimedes’ subunits under the
symbol “ATSPT,” with each subunit consisting of one share of the
Archimedes’ common stock and ¼ warrant. A holder will only be able
to retain the ¼ warrant underlying the subunit if the holder elects
to retain the subunit through the consummation of Archimedes and
SoundHound’s merger. The subunits will not separate into shares of
common stock and warrants until the consummation of Archimedes and
SoundHound’s merger.
Important Information and Where to Find It
This press release refers to a proposed transaction between
Archimedes Tech SPAC Partners Co. (“Archimedes”) and SoundHound.
This press release does not constitute an offer to sell or
exchange, or the solicitation of an offer to buy or exchange, any
securities, nor shall there be any sale of securities in any
jurisdiction in which such offer, sale or exchange would be
unlawful prior to registration or qualification under the
securities laws of any such jurisdiction. In connection with the
transaction described herein, Archimedes has filed relevant
materials with the SEC, including a registration statement on Form
S-4, which includes a preliminary proxy statement/prospectus.
Security holders are encouraged to carefully review such
information, including the risk factors and other disclosures
therein. The definitive proxy statement/prospectus will be sent to
all Archimedes stockholders. Archimedes also will file other
documents regarding the proposed transaction with the SEC. Before
making any voting or investment decision, investors and security
holders of Archimedes are urged to read the registration statement,
the proxy statement/prospectus and all other relevant documents
filed or that will be filed with the SEC in connection with the
proposed transaction as they become available because they will
contain important information about the proposed transaction.
Investors and security holders may obtain free copies of the
proxy statement/prospectus and all other relevant documents filed
or that will be filed with the SEC by Archimedes through the
website maintained by the SEC at www.sec.gov or via the website
maintained by Archimedes at www.archimedesspac.com or by emailing
Info@ArchimedesSPAC.com.
Participants in the Solicitation
Archimedes and SoundHound and their respective directors and
executive officers may be deemed to be participants in the
solicitation of proxies from Archimedes’ stockholders in connection
with the proposed transaction. Information about Archimedes’
directors and executive officers and their ownership of Archimedes’
securities is set forth in Archimedes’ filings with the SEC.
Additional information regarding the interests of those persons and
other persons who may be deemed participants in the proposed
transaction may be obtained by reading the proxy
statement/prospectus regarding the proposed transaction. You may
obtain free copies of these documents as described in the preceding
paragraph.
Forward-Looking Statements
This press release contains forward-looking statements, which
are based on estimates, assumptions, and expectations. Actual
results and performance could differ materially and adversely from
those expressed or implied in forward-looking statements.
SoundHound does not undertake any obligation to update any
forward-looking statements, except as required by law.
Snapdragon is a trademark or registered trademark of Qualcomm
Incorporated. Snapdragon is a product of Qualcomm Technologies,
Inc. and/or its subsidiaries.
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version on businesswire.com: https://www.businesswire.com/news/home/20220125005454/en/
SoundHound, Inc. Lisa Flattery (408) 441-3294
PR@SoundHound.com
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