SoundHound AI (SOUN) said Tuesday it is partnering with Tencent Intelligent Mobility to deliver its voice and conversational artificial intelligence services to Tencent's cloud-based tools for the automotive sector.
Financial terms were not disclosed.
Under the terms, Tencent Intelligent Mobility will integrate SoundHound Chat AI Automotive, an in-vehicle voice assistant, to provide drivers and passengers with different apps, car controls, and entertainment tools, the company added.
Shares of SoundHound rose 5% in recent Tuesday trading.
Price: 7.88, Change: +0.38, Percent Change: +5.00
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