Snapchatters can add captions automatically to
their Snaps
SoundHound Inc., a global leader in voice artificial
intelligence, today announced it has expanded its partnership with
Snap Inc. to provide auto captioning services for Snapchatter
videos. SoundHound's advanced automatic speech recognition (ASR)
software and ability to convert speech to text in real-time enables
Snapchatters to automatically add a complete transcription of the
audio portion of the Snaps they create.
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SoundHound, a global leader in voice
artificial intelligence, and Snap extend their partnership to bring
auto captioning to Snapchatter videos. (Graphic: Business Wire)
SoundHound's Voice AI platform powers the conversational
experience in brands such as Hyundai, Mercedes-Benz, Pandora,
VIZIO, and Snap. The company recently expanded its market reach
with agreements to make its advanced voice AI technology available
to Android app developers using Qualcomm Technologies' Snapdragon
Platforms and to operators adopting Netflix's Da Vinci solution for
RDK-based set-top boxes. SoundHound is 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).
"We are thrilled to help Snapchat innovate with auto captions,
making content accessible to more people," said James Hom,
Co-founder and Vice President, Products at SoundHound Inc. "Our
ongoing partnership to provide a variety of voice AI solutions is
giving Snapchatters hands-free convenience, more options for
creating and sharing content, and the ability to stay on-the-go
while using the platform."
After a Snapchatter records a video, they simply tap the quote
icon, found in the Toolbar on the right side of their screen. They
also have the option to edit the captions, drag, resize, and rotate
them. From there, they can send Snaps to friends or add to their
Story.
Auto captions allow Snapchatters to watch Snaps in noisy
environments and still get a sense of the audio. Including auto
captions narrows the digital accessibility gap, while providing
greater convenience for Snapchatters.
SoundHound's partnership with Snap Inc. extends back to June
2018, when its music discovery app became a launch partner for Snap
Kit, Snapchat’s third-party integration platform for iOS and
Android. Within the SoundHound app, Snapchatters can create a
customizable music Snap containing song details, an exclusive
animation, innovative effects, and a playback link. More recently,
the two companies announced the availability of Voice Scan that
allows Snapchatters to quickly find Lenses by using their
voice.
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.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220210005087/en/
SoundHound, Inc. Lisa Flattery (408) 441-3294
PR@SoundHound.com
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