Welcome to our dedicated page for Cerence news (Ticker: CRNC), a resource for investors and traders seeking the latest updates and insights on Cerence stock.
Cerence Inc. (NASDAQ: CRNC), also referred to as Cerence AI, regularly issues news and updates about its conversational AI technologies, automotive partnerships, financial performance, and corporate developments. As a software company focused on AI-powered user experiences for automotive and transportation, Cerence’s news flow often centers on product platforms like Cerence xUI, its CaLLM language models, and domain-specific AI agents for drivers, dealerships, and OEMs.
On this page, readers can follow announcements about Cerence xUI deployments with global automakers, including selections of the platform to power next-generation in-car assistants and LLM-powered in-vehicle experiences. News items also cover collaborations with technology partners such as NVIDIA, Microsoft, and SiMa.ai, highlighting how Cerence uses cloud and edge AI infrastructure to deliver low-latency, automotive-grade conversational interfaces.
Investors can track Cerence’s financial communications, including quarterly and annual results, guidance updates, and capital structure actions such as repurchases of convertible senior notes. The company’s press releases also reference key performance indicators like the percentage of worldwide auto production with Cerence technology and changes in connected cars shipped, providing context for its position in the automotive software landscape.
In addition, Cerence publishes updates about its participation in investor conferences, industry events like CES, and recognition such as awards for its xUI platform. For those following the evolution of AI in vehicles and the broader automotive ecosystem, the Cerence news feed offers insight into new AI agents, audio AI capabilities, and the company’s efforts to extend its technology beyond the in-car experience. Bookmark this page to monitor ongoing developments, product announcements, and financial updates related to CRNC.
Cerence Inc. (NASDAQ: CRNC) has announced its expansion into the mobility sector with the launch of its Cerence Mobility Platforms. Designed for automotive, two-wheelers, and building mobility, these platforms aim to enhance AI-driven, voice-first experiences. This strategic move builds on the company's established automotive expertise and follows the introduction of Cerence Drive 2.0 and Cerence Cloud Services. The automotive platform promises a personalized, multimodal user experience, while the two-wheeler and building mobility solutions aim to improve connectivity and user interaction in their respective fields.
Cerence Inc. (NASDAQ: CRNC) has announced the launch of Cerence Cloud Services, a new suite of connected products designed to enhance connectivity between mobile apps, smart homes, IoT, and in-car systems. Key offerings include:
- Cerence Extend enables drivers to access smartphone apps via voice commands.
- Cerence Connect integrates smart home controls with vehicle functionality.
- Cerence Browse provides real-time internet search capabilities within the car.
This advancement aims to create a safer, more connected driving experience.
Cerence Inc. (NASDAQ: CRNC) announced the launch of its next-generation Cerence Drive, integrating cloud connectivity with embedded solutions to enhance performance and customer experience. This technology, following a complete re-architecture, allows for a unified software stack that supports Cerence Cloud Services and Mobility Platforms. The new features include 75% improved accuracy and five times faster performance, continuous improvement via cloud updates, and enhanced personalization through voice biometrics. This innovation aims to strengthen Cerence’s position in the mobility sector.
Cerence Inc. (NASDAQ: CRNC) announced its next-generation product portfolio at the Cerence In Motion event, including the Cerence Drive 2.0 conversational AI platform, new Cerence Cloud Services, and Cerence Mobility Platforms for two-wheelers and buildings. CEO Sanjay Dhawan emphasized the integration of embedded and cloud technologies to enhance modern mobility. The offerings aim to connect users' digital lives with transportation, marking a strategic growth milestone for the company. A virtual event showcasing these innovations is scheduled for January 19, 2021.
Cerence (NASDAQ: CRNC) and Xevo have announced a strategic partnership to integrate Cerence Pay into Xevo Market, enabling voice-activated contactless payments in vehicles. This collaboration aims to enhance the in-vehicle experience for consumers, allowing for secure transactions with popular brands while driving. The companies plan to expand their offerings further with Cerence Drive and Xevo Glass for a customizable infotainment solution. This partnership not only meets consumer demand for intuitive technology but also opens new revenue opportunities for OEMs.
Cerence Inc. (NASDAQ: CRNC) has launched Cerence Look, a groundbreaking feature enhancing the MBUX infotainment system in the new Mercedes-Benz S-Class. This innovation allows drivers to interact with points of interest outside their vehicles using natural language. With Cerence Look, users can simply look at landmarks or businesses and inquire about them, streamlining how information is accessed while driving. This multimodal interaction combines voice recognition with real-world context, improving safety and convenience for users.
BURLINGTON, Mass., Jan. 07, 2021 – Cerence (NASDAQ: CRNC) will host a live virtual event, Cerence In Motion, on January 19, 2021, from 10:00 AM to 11:30 AM ET. This event will showcase the company's latest conversational AI platform and cloud products aimed at enhancing connected mobility strategies. Special guest Sunny Madra from Ford will discuss advancements alongside Cerence leadership. The event promises new innovations for intelligent automotive assistance and improved driver experiences.
Cerence (NASDAQ: CRNC) will present at the 23rd Annual Needham Growth Conference on January 13, 2021, at 1:15 p.m. ET. CEO Sanjay Dhawan will participate in a fireside chat format. Interested parties can access the live webcast via the Company's website under the 'Events & Resources' section. A replay will also be available post-event. Cerence is a leader in automotive AI, enhancing vehicle experiences and advancing technologies for connected and autonomous cars.
Cerence Inc. (NASDAQ: CRNC) has joined a three-year project called EMMI, aimed at enhancing trust in autonomous vehicles. Funded by Germany’s Federal Ministry for Economic Affairs and Energy, Cerence will develop emotionally aware automotive assistants. A Deloitte study indicates that while 61% of German drivers are open to autonomous technology, 90% desire control, citing safety concerns. Cerence aims to address these issues through emotion recognition technology to improve driver comfort and confidence.
Cerence Inc. (NASDAQ: CRNC) has been chosen by FCA to supply conversational AI for the all-new electric Fiat 500, marking FCA's first fully electric vehicle. The AI assistant, activated by saying “Hey Fiat,” enhances the driver experience with features like navigation, media access, and integration with Amazon Alexa. The system supports natural language commands, allowing effortless interaction. This partnership underscores Cerence's commitment to leading innovation in the automotive industry.
FAQ
What is the current stock price of Cerence (CRNC)?
What is the market cap of Cerence (CRNC)?
