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 (NASDAQ: CRNC) has appointed Antonio ('Tony') Rodriquez as Interim Chief Financial Officer, effective June 4, 2024. Tony Rodriquez brings over 25 years of financial leadership experience in various sectors, including eCommerce, SaaS, and consumer marketing. He will oversee the company's finance organization, encompassing accounting, tax, FP&A, treasury, facilities, and procurement. Rodriquez is a partner at CSuite Financial Partners and previously served as CFO of The Bouqs Company and TouchCommerce. CEO Stefan Ortmanns expressed confidence in Rodriquez's ability to contribute to the team while the search for a permanent CFO continues.
Cerence announced that the BMW Group has integrated Cerence Emergency Vehicle Detection (EVD) into its BMW Personal Pilot L3 conditional automated driving system. This technology uses Cerence’s Audio AI to detect emergency sirens from police cars, fire trucks, and ambulances, enhancing safety by alerting drivers to take control of the vehicle. The system also lowers the volume of the car's media to ensure drivers are aware of nearby emergency vehicles. The BMW Personal Pilot L3, available in the BMW 7 Series in Germany, offers automated driving features such as speed control, distance management, and lane positioning under certain conditions, aligning with SAE Level 3 automation standards.
Cerence announced its partnership with Zeekr, a premium electric vehicle brand under Geely Holding Group, to integrate its advanced conversational AI technology into Zeekr's in-car virtual assistant. This collaboration will support ten languages, enhancing driving experiences across diverse global markets.
Zeekr is expanding into more than 20 international markets, including Sweden, the Netherlands, and Australia, with plans to reach 50 markets by the end of 2024. Deliveries of Zeekr’s RHD models will begin in Q3 2024. The Cerence Assistant will provide personalized, proactive experiences using data from car sensors for a comprehensive, multi-modal interaction.
Christian Mentz, Cerence's Chief Revenue Officer, highlighted Zeekr's innovative approach in EV and user-centered design, emphasizing Cerence’s role in delivering an intelligent, global in-car assistant experience.
Cerence Inc. (NASDAQ: CRNC) reported Q2 revenue above expectations, but lowered FY24 guidance due to OEM-related issues and a Goodwill impairment charge. The company sees potential in new generative AI products and next-gen platform for future growth.
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