AI is the latest Wall Street craze. Is it also the next bubble?

SoundHound AI, which makes speech- and other audio-recognition software, has also seen its stock more than double this year. SoundHound AI CEO Keyvan Mohajer told analysts on a conference call in November that “our ambition is to make conversational AI even better than humans in natural language understanding and also as human like as possible in the way it responds and interacts.”