Cerence Inc. (CRNC) News
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Latest CRNC News From Around the Web
Below are the latest news stories about CERENCE INC that investors may wish to consider to help them evaluate CRNC as an investment opportunity.
Trending tickers: Nvidia, Foxconn, Rivian, Rolls-Royce and UnileverThe latest investor updates on stocks that are trending on Monday. |
Cerence AI to Present at 27th Annual Needham Growth ConferenceBURLINGTON, Mass., Jan. 06, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI” or “the Company”), a global leader in AI for transportation, announced today that it will be presenting at the 27th Annual Needham Growth Conference on Tuesday, January 14, 2025 at 12:45 p.m. Eastern Time. The fireside chat format will feature Brian Krzanich and Tony Rodriquez, Cerence AI’s CEO and CFO, respectively. The presentation will be webcast and can be accessed in the “Events” tab under the “In |
SoundHound Rival Cerence AI Scores Nvidia Automotive Pact. Shares Surge.Cerence AI, a rival of SoundHound, announced an automotive pact with Nvidia. Cerence stock popped, SoundHound stock also gained. |
Cerence AI expands collaboration with Nvidia for CaLLM family of language modelsCerence (CRNC) announced an expanded collaboration with NVIDIA (NVDA) to advance the capabilities of its CaLLM family of language models, including its cloud-based Cerence Automotive Large Language Model and its CaLLM Edge embedded small language model. Through this collaboration, CaLLM is powered by NVIDIA AI Enterprise, an end-to-end, cloud-native software platform, and some aspects of CaLLM Edge are powered by NVIDIA DRIVE AGX Orin. Integrating agentic frameworks with in-car conversations in |
Cerence stock soars over 140% on new AI partnership with NvidiaCerence (CRNC) — an artificial intelligence developer that works with a multitude of major automakers — shares skyrocket by over 140% in Friday's session after announcing an AI partnership with Nvidia (NVDA) Josh Lipton and Josh Schafer break down these stock movements and the details of Cerence's new partnership with Nvidia. To watch more expert insights and analysis on the latest market action, check out more Market Domination here. This post was written by Luke Carberry Mogan. |
Cerence AI Expands Collaboration with NVIDIA to Advance its CaLLM Family of Language ModelsCompany will leverage the NVIDIA AI Enterprise software platform, including the NVIDIA TensorRT-LLM open-source library and the NVIDIA NeMo framework, to optimize performanceBURLINGTON, Mass., Jan. 03, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in voice AI, today announced an expanded collaboration with NVIDIA to advance the capabilities of its CaLLM™ family of language models, including its cloud-based Cerence Automotive Large Language Model (C |
Cerence AI Signs Long-Term, Strategic Partnership to Build Luxury Automaker’s Next-Gen In-Car ExperienceBURLINGTON, Mass., Jan. 02, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in AI for transportation, today announced a multi-year agreement with JLR to develop the luxury automotive’s next-generation in-car experience. The companies will partner to leverage Cerence’s AI-enabled technologies to deliver advanced intelligence and capabilities to JLR customers globally. The companies will continue to work together to expand and improve the JLR in-car ex |
Investors in Cerence (NASDAQ:CRNC) have unfortunately lost 89% over the last three yearsIt is doubtless a positive to see that the Cerence Inc. ( NASDAQ:CRNC ) share price has gained some 234% in the last... |
Cerence Announces Repurchase of $27 Million of 3% Senior Notes Due 2025BURLINGTON, Mass., Dec. 23, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI” or “the Company”), a global leader in AI for transportation, today announced that, in light of its current cash position and outlook for future cash generation, the Company entered into privately negotiated transactions with certain holders of its 3.00% Convertible Senior Notes Due 2025 (the “Notes”), pursuant to which the Company agreed to repurchase approximately $27 million aggregate principal amoun |
Cerence AI Announces Equity Grant to Employee Under Inducement Plan Pursuant to Nasdaq Listing Rule 5635(c)(4)BURLINGTON, Mass., Dec. 06, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in AI for transportation, today announced that, in connection with Antonio (“Tony”) Rodriquez’s recent appointment as Executive Vice President, Chief Financial Officer effective November 29, 2024, the Company granted Mr. Rodriquez 313,283 time-based restricted stock units and 313,283 performance-based restricted stock units. The time-based restricted stock units will vest in |