Why SoundHound AI’s CEO Says the Company Doesn’t Need to Spend Excessively on AI Like Big Tech Giants A big challenge for SoundHound AI (NASDAQ: SOUN) may be keeping up with larger players in the tech sector as it looks to expand its business.
There’s considerable competition in artificial intelligence (AI) and in the voice AI services that SoundHound offers
And those concerns may be part of the reason why the stock has struggled to rally this year; it’s down around 10% thus far in 2026. But SoundHound’s management remains confident about its opportunities, and its CEO believes that, unlike larger tech companies, it doesn’t need to spend excessively and waste money on AI. Here’s why.
SoundHound’s CEO is confident that the company will not be as wasteful as other tech giants On SoundHound’s most recent earnings call, its CEO Keyvan Mohajer suggested that the AI company may not be as wasteful as hyperscalers and big tech because it isn’t looking to overcomplicate the task at hand. “Unlike some companies that are throwing billions to avoid missing out, we know what we are doing. We know our training recipe. We have the data, and our models will be specialized for what they will be used for.