Cerence Inc Stock Price, News & Analysis

Cerence Inc. (NASDAQ: CRNC) has announced the development of a new mobile work AI agent in collaboration with Microsoft, integrating Microsoft 365 Copilot into vehicles for safer, smarter work on the go. The AI agent will run on Cerence xUI™ platform and provide voice-first access to Microsoft 365 Copilot, Teams, Outlook, and OneNote.

The solution features Microsoft Intune integration for enterprise security, context-aware functionality based on driving status, and seamless integration with vehicle systems. Building on their existing collaboration that brought ChatGPT to millions of vehicles through Microsoft Azure OpenAI, this new development aims to address distracted driving concerns while enabling professionals to manage their work safely while mobile.

The AI agent will offer features like proactive navigation suggestions, calendar management, and voice-controlled document creation, with functionality that adapts based on whether users are driving, in autonomous vehicles, or parked.

Cerence AI (NASDAQ: CRNC), a leader in conversational AI technology, has filed a patent infringement lawsuit against Apple Inc. in the Western District of Texas. The lawsuit focuses on alleged infringement of Cerence's patented technologies related to text input, recognition, and voice command monitoring used in Apple's products.

The company emphasizes its extensive patent portfolio built through decades of R&D, particularly in technologies serving automakers, transportation OEMs, and technology companies. Cerence's Chief Administrative Officer & General Counsel, Jennifer Salinas, stated the company's commitment to defending its IP rights and protecting its R&D investments, technical leadership, and customers.

Cerence (NASDAQ: CRNC) and SiMa.ai have announced a strategic partnership to integrate Cerence's CaLLM Edge, an automotive-grade embedded small language model, with SiMa.ai's MLSoC Modalix platform. This collaboration aims to deliver intelligent, low-power conversational AI experiences for vehicles.

The partnership addresses key automotive industry challenges by providing real-time, multi-modal interaction and processing directly on-device, ensuring uninterrupted AI assistance regardless of internet connectivity. The solution combines edge computing for ultra-low-latency responsiveness with cloud capabilities for enhanced context awareness.

The integrated solution will debut at IAA Mobility 2025 in Munich, featuring a demonstration of Cerence xUI, the company's agentic AI assistant platform, running CaLLM Edge on SiMa.ai hardware.

Cerence (NASDAQ: CRNC) announced an enhanced partnership with Volkswagen Group to upgrade their IDA in-car assistant with advanced conversational AI capabilities. The improved system, powered by Cerence Chat Pro, enables more natural, multi-turn conversations without requiring users to repeat themselves.

The upgraded experience is already available in most recent Volkswagen Group models, including Volkswagen, Cupra, Seat, and Skoda brands in Europe and the US, with continued rollout throughout 2025. The enhanced IDA assistant can now engage in more complex conversations, answer questions, provide navigation assistance, and offer entertainment features like sharing fun facts.

Cerence (NASDAQ: CRNC) has announced the integration of its Audio AI suite into HARMAN's AudioworX platform, enhancing automotive audio development capabilities. The integration includes three key technologies: Speech Signal Enhancement (SSE) for noise filtering and speech clarity, In-Car Communication (ICC) for improved passenger-driver communication, and Emergency Vehicle Detection (EVD) for safety alerts.

The partnership aims to streamline automotive audio development while delivering premium in-vehicle experiences. HARMAN AudioworX will now offer these advanced features to automakers, helping them accelerate time to market while maintaining high-quality audio standards.

Cerence (NASDAQ: CRNC) reported strong Q3 FY2025 results, exceeding guidance with revenue of $62.2 million and Adjusted EBITDA of $9.0 million. The company achieved its fifth consecutive quarter of positive free cash flow at $16.1 million.

Based on strong performance, Cerence raised and narrowed its full fiscal year 2025 guidance, projecting revenue of $244-249 million. The company's Cerence xUI, a hybrid LLM-based platform, continues to gain customer momentum. Key metrics show 52% penetration of worldwide auto production and a 12% increase in connected cars shipped.

For Q4 FY2025, Cerence expects revenue between $53-58 million with Adjusted EBITDA of $2-6 million. The company maintains strong market position with its AI technology, serving 52% of worldwide auto production.

Cerence AI (NASDAQ: CRNC) has initiated legal action against Sony Group Corporation and TCL Technology Group Corporation by filing a complaint with the United States International Trade Commission (ITC). The company seeks to block the importation of smart televisions that allegedly infringe on Cerence's voice technology patents.

The complaint, filed under Section 337 of the Tariff Act of 1930, requests a limited exclusion order. Additionally, Cerence has filed district court actions in the Eastern District of Texas seeking damages for patent infringement. The company emphasizes its commitment to protecting its intellectual property rights and preventing unauthorized use of its technology.

Cerence AI (NASDAQ: CRNC), a leader in conversational AI user experiences, has announced its participation in two upcoming investor conferences in August 2025. The company will host one-on-one meetings at the Raymond James Industrial Showcase on August 14 and the Needham & Company's 6th Annual Virtual Semiconductor & SemiCap 1x1 Conference on August 21.

Interested investors can schedule meetings through their Raymond James or Needham representatives, or by contacting Cerence AI's Investor Relations directly.

Cerence Inc. (NASDAQ: CRNC) has announced a significant partnership with LG Electronics to integrate its cloud neural text-to-speech (TTS) technology across LG's global television lineup. The technology enables natural voice interactions in 65 languages through both cloud and edge TTS capabilities.

The integration allows LG TVs to respond to user inquiries with natural spoken words, enhancing content discovery and accessibility features. The system is integrated within LG's webOS platform, offering minimal latency and efficient CPU usage. This partnership helps LG meet global accessibility requirements, including the European Accessibility Act, by enabling voice-guided navigation for visually impaired users.

The collaboration marks an important strategic expansion for Cerence AI beyond its automotive focus, with plans to extend the voice-powered experience to other LG webOS-based products in the future.