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 appointed Tom Beaudoin as Executive Vice President and Chief Financial Officer, effective immediately. Beaudoin, with nearly 40 years of industry experience, replaces Marc Montagner, who resigned without disagreement on any accounting matters. The company also welcomed Doug Davis, former Intel executive, to its board of directors, expanding it to eight members. Cerence provided preliminary financial results for Q2 FY 2022, anticipating revenue between $85.5 million and $86.5 million, alongside affirmed fiscal year guidance.
Cerence (NASDAQ: CRNC) is set to announce its second quarter financial results for the period ending March 31, 2022, on May 10, 2022. The announcement will be made at 7:00 a.m. EST, followed by a live conference call at 8:30 a.m. EST. Investors can participate by dialing in or accessing the webcast via Cerence's website. The replay of the teleconference will be available until May 17, 2022. Cerence is focused on innovative mobility solutions, having shipped over 400 million cars equipped with its technology.
Cerence Inc. (NASDAQ: CRNC) has partnered with Hongqi Auto, a luxury automotive brand from FAW Group, to integrate in-car conversational AI and infotainment technology in the new E-HS9 model as part of their international expansion strategy.
The collaboration aims to provide drivers with enhanced safety and productivity through an intuitive assistant capable of English and Norwegian language support. The technology utilizes advanced AI systems and cloud technologies, ensuring the in-car assistant is responsive and up-to-date, thereby enhancing the luxury driving experience.
Cerence Inc. (NASDAQ: CRNC) has appointed Jennifer Salinas as the new Senior Vice President and General Counsel, effective April 4, 2022. Salinas joins from Lenovo, where she held senior legal positions and managed various responsibilities, including M&A and compliance. CEO Stefan Ortmanns emphasized her key role in enhancing the company's growth and performance culture. Salinas offers over 20 years of legal experience and is recognized for her leadership in the Hispanic National Bar Association. Her diverse background and global expertise are expected to drive strategic initiatives at Cerence.
Cerence Inc. (NASDAQ: CRNC) has appointed Marc Montagner as its new Chief Financial Officer (CFO), effective April 4, 2022. Montagner, who previously served as CFO at Endurance International, is expected to enhance growth and create long-term value for the company. He possesses extensive experience in finance and operational leadership, having driven results in various sectors. CEO Stefan Ortmanns expressed excitement about Montagner's joining, highlighting the opportunities ahead for Cerence.
Cerence Inc. (NASDAQ: CRNC) has launched Cerence Sing, a voice-controlled karaoke experience designed for drivers, powered by Stingray's extensive song catalogue. VinFast is the first customer to integrate this feature into its VF 8 and VF 9 models. The offering enhances driving enjoyment while prioritizing safety, as it operates fully via voice commands in driver mode. Cerence Sing includes advanced features like real-time performance feedback and customization options for automotive manufacturers.
Cerence Inc. (NASDAQ: CRNC) has announced Volkswagen's selection of its AI technology to power the next-gen infotainment system in the Golf 8 GTI. This system, launching in early 2022, boasts significant enhancements in speed and accuracy, enabling intuitive voice interactions. By employing Cerence Drive 2.0, the interface supports natural communication and learns from driver preferences over time. This partnership highlights both companies' commitment to innovation in user experience and safety in connected mobility.
Cerence (NASDAQ: CRNC) announced its participation in three upcoming investor conferences. The events include:
- 2nd Annual Cowen Mobility Disruption Conference on March 2, 2022, at 2:20 PM ET
- Berenberg Industrial Technologies Conference on March 3, 2022, at 1:00 PM ET
- Raymond James Institutional Investors Conference on March 7, 2022, at 2:15 PM ET
Each presentation will feature CEO Stefan Ortmanns in a fireside chat format. Interested parties can access the webcasts on Cerence's website, with replays available afterward.
Cerence Inc. (NASDAQ: CRNC) has partnered with Mercedes-Benz Korea to enhance driver experience by integrating KT's GiGA Genie voice assistant into select Mercedes-Benz models through MBUX. This collaboration allows drivers to access a variety of services, streamlining tasks via voice commands. KT, Korea's largest telecom operator, first launched GiGA Genie in 2017, and this partnership extends its functionality to automotive settings, showcasing Cerence's commitment to improving digital integration in vehicles.
Cerence Inc. (NASDAQ: CRNC) has partnered with Qianjiang Motorcycle to integrate its Cerence Ride voice and AI platform into their motorcycles. This initiative will enhance rider experience by providing hands-free access to navigation, communication, and entertainment. Using Cerence's advanced speech recognition and proactive AI, the platform aims to improve safety and convenience for riders. The collaboration signifies a strategic move for Cerence to expand in the high-end motorcycle segment, leveraging Qianjiang's position as a leading two-wheeler manufacturer in China.