SCHEDULE: Vanguard Group Discloses 10.1% Stake in SoundHound AI

The Vanguard Group has reported a 10.1% beneficial ownership stake in SoundHound AI Inc., holding over 37 million shares of common stock as of June 30, 2025.

Summary

• The Vanguard Group reported beneficial ownership of 37,324,921 shares of SoundHound AI Inc. common stock.
• This represents 10.1% of the total class of securities.
• The event date requiring this Schedule 13G filing was June 30, 2025.
• Vanguard holds sole dispositive power over 36,432,848 shares and shared dispositive power over 892,073 shares.
• Vanguard holds shared voting power over 450,584 shares and no sole voting power.
• The filing is made under Rule 13d-1(b), indicating Vanguard's status as an institutional investment adviser holding shares in the ordinary course of business, not for the purpose of changing or influencing control.

Sentiment

Score: 6

Explanation: The filing indicates a significant institutional stake by The Vanguard Group, which can be viewed positively as a vote of confidence, though the document itself is a routine disclosure of ownership and does not contain performance data.

Positives

• The Vanguard Group, a prominent institutional investor, holds a significant 10.1% stake in SoundHound AI Inc., which can be interpreted as a vote of confidence in the company's long-term prospects.

Future Outlook

NA

Management Comments

• The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under 240.14a-11.

Industry Context

The significant stake held by The Vanguard Group, a leading global investment manager, in SoundHound AI Inc. aligns with the broader industry trend of increasing institutional investment in artificial intelligence and technology companies. This indicates a continued belief in the growth potential of the AI sector and its key players.

Stakeholder Impact

• Shareholders may view the significant institutional ownership by The Vanguard Group as a positive indicator of long-term confidence in SoundHound AI Inc.'s business model and future prospects.

Key Dates

Keywords

SoundHound AI, Vanguard Group, beneficial ownership, common stock, institutional investment, SEC filing, Schedule 13G, AI technology