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Revenue trends for Cerebras Systems and SoundHound AI reflect the AI boom. Cerebras saw consistent quarter-over-quarter growth until Q2 2026, when $28 million in customer warrant amortization deducted from revenue. SoundHound AI showed gradual quarterly growth and completed its acquisition of LivePerson.
SoundHound AI's stock is about 71% below its Oct 2025 intraday high, while Q2 revenue rose 45% to $61.9M and adjusted EBITDA loss improved to $9.6M. The company holds $203M cash, no debt, and expects 2026 revenue of $230–260M; after acquiring LivePerson it targets $350–400M in 2027. Growth is bolstered by acquisitions and nearly $60M operating cash burn in H1, raising questions about underlying organic momentum.
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