1 Nvidia-Backed Artificial Intelligence (AI) Stock to Buy Hand Over Fist in 2025 (Hint: It’s Not SoundHound AI)
Generally speaking, when businesses generate excess profits, they may choose to invest in areas such as research and development (R&D), bolster marketing budgets, or increase hiring efforts in certain departments. However, from time to time, a company may invest in other businesses and acquire a small equity stake.
In 2024, a 13F filing revealed that semiconductor giant Nvidia has ownership positions in six publicly traded companies — Applied Digital, Arm Holdings, Nano-X Imaging, Recursion Pharmaceuticals, Serve Robotics, and SoundHound AI.
Within this portfolio, none has gained more attention than SoundHound. Over the last 12 months, shares of the voice-recognition artificial intelligence (AI) company have soared by 950%. Without a doubt, SoundHound AI is a tempting opportunity for AI investors.
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