Revealed: Jason Williams’ “Tiny $5 AI Stock With 5,300% Upside”

Jason Williams is back with another stock teaser.

And like many other stock pickers, he's targeting an AI stock.

This time he claims to know a stock that's going to be bigger than ChatGPT and all search engines.

And that this company's technology will be used by 94% of all corporations.

On top of this, he claims it's a "tiny $5 AI stock" with 5,300% upside."

The problem is that Jason Williams wants thousands of dollars to reveal the name of the stock, but I have good news.

He left enough clues in the presentation to figure out the name of the stock.

I reveal it below, along with information on the stock, so you can determine if it's worth buying.

Let's get started now!

Breaking Down The Teaser

Jason Williams is a hype man when it comes to stocks.

His promises in his teasers are always absurd and super unrealistic.

Remember this if, after reading his teaser, you have been led to believe that you are about to become extremely wealthy.

In this latest teaser, he claims there's a company that's going to make Google, studying, and going to the doctor irrelevant.

Like I said, Williams likes to say absurd things.

Anyway, Jason goes on to say this technology is going to be bigger than ChatGPT and used by pretty much all corporations.

So what kind of technology is he talking about?

Jason is talking about conversational AI.

Conversational AI refers to artificial intelligence technologies, such as chatbots and virtual assistants, that can engage in human-like dialogue. It combines natural language processing (NLP), machine learning (ML), and often speech recognition to understand, interpret, and respond to human language in a natural, conversational way.

The impact of conversational AI on the world is multifaceted. It improves customer service by providing 24/7 support and handling routine inquiries efficiently, freeing human agents for more complex tasks. In healthcare, it aids in patient management and information dissemination. In education, it can offer personalized learning experiences and assist in language learning.

Moreover, conversational AI enhances accessibility, providing voice-activated assistance for those with disabilities. In businesses, it streamlines operations, automates tasks, and provides data-driven insights. However, there are concerns about privacy, data security, and the potential loss of jobs in certain sectors due to automation.

And the conversational AI company that Jason is pitching is SoundHound AI.

What Is SoundHound AI?

SoundHound AI, Inc., founded in 2005, is a company specializing in audio and speech recognition technology. Their focus includes developing speech recognition, natural language understanding, sound recognition, and search technologies. They offer various products such as Houndify, a Voice AI developer platform, SoundHound Chat AI, a voice-enabled digital assistant, and a music recognition mobile app called SoundHound.

Their product portfolio also includes advanced conversational AI on an end-to-end tech stack, restaurant phone answering and ordering systems, smart answering services, wake word technology, and automatic speech recognition (ASR) with acoustic and language models.

SoundHound has formed several partnerships to integrate its technology into different industries. They have collaborated with the Turkish mobility provider Togg to incorporate their AI technology, including Edge+Cloud connectivity, multiple language capabilities, and a custom-branded voice assistant, into a new line of smart vehicles.

Furthermore, SoundHound has partnered with Olo to provide voice AI ordering for restaurants. Historically, SoundHound has been involved in the automotive industry; in 2015, they became the first music recognition service in autos through a partnership with Hyundai in their Genesis model.

Subsequently, they announced collaborations with other major automotive companies like Mercedes-Benz and Honda to provide voice interaction for their products using the Houndify voice AI platform.

The company went public in April 2022, listed under the symbol SOUN on the Nasdaq, following a SPAC merger with Archimedes Tech SPAC Partners Co. However, SoundHound faced some financial challenges, leading to staff reductions and salary cuts. Despite these challenges, in April 2023, SoundHound secured $100 million in strategic financing.

Pros Of Investing In Soundhound AI

Investing in SoundHound AI, Inc. can offer several potential benefits:

1. Innovative Technology: SoundHound is at the forefront of audio and speech recognition technology. Their expertise in natural language understanding and sound recognition positions them as a leader in this field. This technological edge could lead to significant growth and innovation in the future.

2. Diverse Product Portfolio: The company offers a range of products, including Houndify, a Voice AI developer platform, SoundHound Chat AI, and a music recognition mobile app. This diversity in products allows them to cater to different markets and user needs, potentially stabilizing their revenue streams.

3. Strong Industry Partnerships: SoundHound has established partnerships with significant players in various industries, such as automotive (Hyundai, Mercedes-Benz, Honda) and food services (Olo). These collaborations not only validate their technology but also provide avenues for growth and expansion into new markets.

4. Growth Potential in AI and Voice Recognition Market: The AI and voice recognition market is expected to grow considerably in the coming years. As a company specialized in this area, SoundHound is well-positioned to capitalize on this growth.

5. Public Company Transparency: Being a publicly traded company (listed on Nasdaq), SoundHound is subject to stringent regulatory requirements for transparency and disclosure. This ensures that investors have access to comprehensive information about the company's financial health and business strategies.

6. Recent Strategic Financing: SoundHound's recent securing of $100 million in strategic financing suggests confidence from investors and could provide the necessary capital for further research, development, and market expansion.

Cons Of Investing In SoundHound AI

Investing in SoundHound AI, Inc., like any investment, carries certain risks and potential downsides:

1. Financial Stability Concerns: SoundHound has faced financial challenges, including staff reductions and salary cuts. In 2022, the company reportedly raised less than half of what it originally projected in its SPAC merger deal, and in January 2023, it terminated half of its employees. This raises concerns about its long-term financial stability and profitability.

2. Market Competition: The field of AI, particularly in audio and speech recognition, is highly competitive with major players like Google, Amazon, and Apple. These companies have significant resources and market presence, which could pose challenges for SoundHound in gaining a larger market share.

3. Rapid Technological Change: The technology sector, especially AI, is subject to rapid and continuous change. SoundHound needs to constantly innovate and adapt to stay relevant, which can be resource-intensive and risky.

4. Dependence on Partnerships: While partnerships have been a strength for SoundHound, over-reliance on a few key collaborations could be risky. If these partnerships do not yield expected results or are terminated, it could significantly impact the company's business.

5. Regulatory Risks: The AI industry is subject to increasing scrutiny and potential regulatory changes, particularly concerning data privacy and usage. Any new regulations could impact SoundHound's business operations and costs.

6. Limited Profitability History: As a company that has recently gone public, SoundHound may not have a long track record of profitability. This can make it difficult to predict future performance and assess the company's financial health accurately.

7. Investor Sentiment: The stock market is influenced by investor sentiment, which can be volatile. Negative perceptions or news about the company or the AI industry in general could adversely affect the stock price.

Conclusion

So that's the end of my post on Jason Williams' new AI stock teaser.

You now know the stock, and you now know the pros and cons of investing in this company.

What do you think?

Did Jason Williams really find the company that's going to be bigger than Google and ChatGPT?

Or do you think he's overhyping SoundHound AI?

Let me know in the comments what you think!