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) delivers cutting-edge AI solutions for next-generation vehicles, specializing in voice interaction and connected mobility systems. This news hub provides investors and industry professionals with timely updates on the company’s product innovations, strategic developments, and market positioning.
Access curated press releases and analysis covering CRNC’s advancements in automotive-grade AI, including earnings announcements, technology partnerships, and product launches. Stay informed about developments in conversational interfaces, cloud-connected services, and embedded systems designed for global automakers.
Key updates include executive insights, OEM collaboration milestones, and advancements in generative AI applications for safer, more intuitive driving experiences. Content is organized to help users track CRNC’s role in shaping voice-enabled mobility ecosystems across passenger vehicles and two-wheelers.
Bookmark this page for streamlined access to verified Cerence news, ensuring you stay ahead in understanding how AI-driven automotive technologies evolve. Regularly updated to reflect the company’s latest contributions to intelligent transportation solutions.
Cerence Inc. (NASDAQ: CRNC) has announced a strategic partnership with MediaTek and expanded collaboration with NVIDIA to enhance CaLLM™ Edge, their embedded small language model for automotive experiences. The partnership, unveiled at Auto Shanghai 2025, introduces multi-modal capabilities powered by NVIDIA AI Enterprise software.
The collaboration integrates MediaTek's Dimensity Auto Cockpit chipsets with NVIDIA's GPU, AI, and graphics technologies. Key innovations include enhanced in-car intelligence for contextual awareness, exterior environment recognition, and smart guardrailing features optimized for NVIDIA DRIVE AGX. The system enables real-time processing at the edge, reducing cloud bandwidth requirements and costs for OEMs while creating new subscription-based revenue opportunities.
The solution will be demonstrated at Auto Shanghai, showcasing Cerence xUI running on NVIDIA DRIVE AGX in a production-ready automotive reference design that enables personalized interaction for both drivers and passengers.
Cerence Inc. (NASDAQ: CRNC) will showcase its agentic AI assistant platform, Cerence xUI, for the first time at Auto Shanghai 2025. The demonstration will be conducted in partnership with Great Wall Motor (GWM) and TCL, featuring both English and Mandarin capabilities.
The platform will be demonstrated in a GWM vehicle and TCL's driving simulator, highlighting key features including:
- Multi-Modal SLM with CaLLM Edge™ for enhanced in-car interactions
- Integrated Model Architecture utilizing CaLLM™ family of language models
- Dual- and Multi-Seat Interaction with multi-screen synchronization
- Smart Home Integration with TCL's ecosystem
The showcase represents a significant milestone in Cerence's AI development, demonstrating the company's commitment to advancing intelligent cockpit experiences through partnerships with major automotive and technology companies.
Cerence Inc. (NASDAQ: CRNC), a pioneer in conversational AI-powered user experiences, has scheduled its fiscal second quarter financial results announcement for May 7, 2025, at 4:05 PM ET. The results will cover the quarter ended March 31, 2025.
The company will host a conference call and webcast with supplementary slides at 5:00 PM ET on the same day to discuss the quarterly performance. Investors and analysts can participate in the audio conference call by registering through the provided link. The webcast will be accessible through the Investor section of Cerence's website.
Cerence Inc. (NASDAQ: CRNC) has been awarded the Best Technology Award by HARMAN at their Supplier Awards event in Budapest. The recognition highlights their collaboration on automotive AI innovations, particularly the integration of Cerence AI's voice assistant with HARMAN's new 'Luna' avatar powered by Ready Engage, showcased at CES 2025.
The partnership has resulted in significant developments, including the integration of Cerence AI's CaLLM™ Edge SLM into HARMAN's Ready Upgrade, facilitating third-party app development for in-car applications while maintaining data security. The system offers personalized AI-powered interactions through voice and visuals, demonstrating both companies' commitment to advancing automotive technology.
Cerence Inc. (NASDAQ: CRNC) has received the Best Contribution Award at the 2025 ECARX Partnership Conference for the second consecutive year. The award recognizes Cerence's role as a trusted partner in delivering AI-driven solutions to ECARX and its OEM customers.
The partnership, established since ECARX's founding in 2017, has focused on implementing innovative Audio AI solutions and multilingual support across Geely brands. Their collaboration has resulted in AI-powered voice assistants for various vehicle brands including Proton, Smart, Lotus, and Lynk & Co. Recently, ECARX integrated Cerence's generative AI solutions to enhance smart driver experiences.
A notable achievement includes the implementation of Cerence AI's language capabilities in the ECARX Antora 1000 platform, featured in Hongqi 007/009 models, offering English speech recognition and text-to-speech functionality in 17 languages to support global market expansion.
Cerence Inc. (NASDAQ: CRNC) has appointed Marion Harris, a former Ford Motor Company executive, to serve as an independent, non-executive director effective April 1, 2025. Harris brings over 25 years of experience at Ford, where he most recently served as Chairman and CEO of Ford Motor Credit Company.
During his tenure at Ford Credit, Harris led a digital transformation that achieved the highest consumer satisfaction in the industry, earning him the Auto Finance Executive of the Year award from Auto Finance News. His previous role as Vice President of Ford Mobility included operational responsibility for Ford's startup digital and mobility businesses.
Harris currently serves on the advisory boards of Harbinger Motors and Mobility Impact Partners. He holds both a B.S. and M.A. in mathematics from Mississippi State University.
Cerence Inc. (NASDAQ: CRNC) has unveiled Cerence xUI™, a new hybrid AI assistant platform that combines edge and cloud LLM capabilities for enhanced in-vehicle experiences. The platform leverages NVIDIA and Microsoft technologies, featuring the CaLLM™ family of language models optimized for automotive use.
The company has already secured several strategic partnerships and proof-of-concept programs with global automakers. Cerence xUI offers:
- Hybrid architecture running both in cloud and on-board vehicles
- Integration with NVIDIA DRIVE AGX Orin
- Conversation threads spanning complex queries
- Personalized user experience based on preferences
- Comprehensive knowledge across various domains
The platform can be deployed as a cloud-based add-on to existing systems, a complement to hybrid systems, or as a fully integrated solution, enabling automakers to deliver upgraded LLM-powered features to both current and future vehicles.
Cerence Inc. (NASDAQ: CRNC) reported its Q1 FY2025 results with revenue of $50.9 million, down from $138.3 million in Q1 FY2024. The company experienced significant declines across key metrics, with GAAP gross margin falling to 65.0% from 81.0% and operating margin dropping to -33.3% from 42.3%. The quarter resulted in a GAAP net loss of $24.3 million, compared to a profit of $23.9 million in the prior year.
Despite the declining numbers, the company reported positive developments including six design wins, two wins for generative AI solutions, and six major customer SOPs. Cerence maintains a 51% share of worldwide auto production with its technology, and showed a 5% increase in connected cars shipped.
For Q2 FY2025, Cerence projects revenue between $74-77 million, including $20 million in Fixed License revenue, with adjusted EBITDA expected between $18-22 million. The company maintained its full-year fiscal 2025 guidance unchanged.
Cerence Inc. (NASDAQ: CRNC), an AI transportation technology leader, has scheduled its fiscal first quarter financial results announcement for February 6, 2025, at 4:05 PM ET. The results will cover the quarter ended December 31, 2024. The company will host a conference call and webcast with supplementary slides at 5:00 PM ET on the same day to discuss the results. Investors and analysts can participate in the audio conference call by registering through the provided link, while the webcast will be accessible via the Investor section of Cerence's website.
Cerence Inc. (NASDAQ: CRNC), a global leader in AI for transportation, has announced its participation in the 27th Annual Needham Growth Conference. The presentation will take place on Tuesday, January 14, 2025, at 12:45 p.m. Eastern Time. CEO Brian Krzanich and CFO Tony Rodriquez will participate in a fireside chat format discussion. The presentation will be accessible via webcast through the company's investor relations website, with a replay available afterward at www.cerence.ai.
