In 2024, the artificial intelligence (AI) industry has continued to attract significant investment, with global AI funding reaching new heights. Crunchbase reports that AI startups globally raised over $50 billion in 2023, despite a broader venture capital slowdown, and this trend has shown no signs of slowing down in the current year. Major tech giants like Nvidia (NVDA), Microsoft (MSFT), and Alphabet (GOOGL) have been pouring billions into AI research, acquisitions, and partnerships. One such company, SoundHound AI, Inc. (SOUN), has been making waves in the AI penny stock market, fueled by …