Investing in potential millionaire-making stocks like SoundHound AI (NASDAQ: SOUN) and AppLovin (NASDAQ: APP) could yield significant returns as these smaller companies harness innovative AI technologies. SoundHound, known for its voice AI capabilities, aims to lead in agentic AI through the recent acquisition of Amelia, enhancing its voice-first platform. With a recent revenue surge of 217%, SoundHound is on track for adjusted EBITDA profitability by 2025.
On the other hand, AppLovin has transformed into a pure-play adtech platform with its AI engine, Axon 2.0. It reported a 77% revenue growth and nearly doubled its adjusted EBITDA, demonstrating strong operating leverage. With plans to expand beyond gaming and facilitate e-commerce advertising, AppLovin is positioned for further growth.
For those willing to take risks in the evolving AI landscape, these stocks present compelling investment opportunities that could exponentially increase your portfolio.
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