News & Videos - CERENCE INC. - English

BURLINGTON, Mass., May 29, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that premium electric vehicle (EV) maker Zeekr will integrate Cerence conversational AI technology into its in-car virtual assistant. Zeekr is a global premium electric mobility technology brand under Geely Holding Group. As part of its global expansion strategy, Zeekr has adopted user-driven technologies to meet the needs of drivers from all over the globe. For this...

Headlines Q2 revenue above the high end of the guidance range due to OEM-related adjustments; however, Company lowering its FY24 guidance and withdrawing its multi-year plan Included in Q2 results is a Goodwill impairment charge of approximately $252 million Company believes that initial success with new generative AI products, including six design wins, and early validation of its next-gen platform will provide a solid foundation to reinvigorate future growth BURLINGTON, Mass., May 09, 2024...

BURLINGTON, Mass., April 25, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its second quarter financial results for the quarter ended March 31, 2024 on Thursday, May 9, 2024 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited to...

BURLINGTON, Mass., April 25, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Foxtron, a subsidiary of Hon Hai Technology Group, has selected Cerence to bring intuitive, voice-powered interaction to its new electric vehicles, bringing these features to drivers in Taiwan for the first time. With bilingual recognition in Taiwanese Mandarin and English, Foxtron’s new voice-powered experience will support the automakers’ expansion in Taiwan and...

BURLINGTON, Mass., March 21, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced early momentum for CaLLM™ (Cerence Automotive Large Language Model), its automotive-specific LLM that serves as the foundation for Cerence’s next-generation in-car computing platform. Cerence is working with three major global automakers as the first customers for its NVIDIA technology-powered solution. Unveiled at CES 2024 , CaLLM™ brings the future of the...

BURLINGTON, Mass., March 19, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (the “Company”), AI for a world in motion, today announced that, in connection with Daniel Tempesta’s recent appointment as Chief Financial Officer effective March 18, 2024, the Company granted Mr. Tempesta an initial equity award with a target aggregate value of $3 million. Such award consists of 102,599 time-based restricted stock units and 102,599 performance-based restricted stock units, based on the...

BURLINGTON, Mass., March 04, 2024 (GLOBE NEWSWIRE) -- Cerence Inc . (NASDAQ: CRNC), AI for a world in motion, today announced that it has appointed Daniel Tempesta as its new Chief Financial Officer (CFO), effective March 18, 2024. Mr. Tempesta brings more than 30 years of financial and operational excellence, as well as extensive knowledge of Cerence from his previous role as CFO of Nuance Communications Inc. (“Nuance”). As Cerence’s CFO, Mr. Tempesta will be focused on accelerating...

BURLINGTON, Mass., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will be presenting at the Raymond James 45 th Annual Investor Conference on Tuesday, March 5 in Orlando, FL and at the Morgan Stanley Technology, Media and Telecom Conference on March 7 in San Francisco, CA. The Raymond James conference includes a fireside chat featuring Iqbal Arshad, Cerence’s CTO. The Morgan Stanley conference fireside chat will feature Stefan Ortmanns, Cerence’s CEO...

Headlines Revenue and profitability exceed the high end of guidance, leading to six quarters of strong execution Announced AI partnerships with NVIDIA and Microsoft Maintained a leadership position, with Cerence penetration staying strong at 54% of global auto production New business included a win-back for a large Japanese OEM, a program extension for a major North America OEM, and a major win in AIoT for a wearable product BURLINGTON, Mass., Feb. 06, 2024 (GLOBE NEWSWIRE) -- Cerence Inc....

BURLINGTON, Mass., Jan. 23, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its first quarter financial results for the quarter ended December 31, 2023 on Tuesday, February 6, 2024 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are invited...

BURLINGTON, Mass., Jan. 16, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced it will provide generative AI features for Škoda, a Volkswagen Group brand. Škoda will launch a new in-car assistant experience leveraging Cerence Chat Pro, providing a seamless and intelligent companion for their everyday journeys. Cerence Chat Pro is the fastest and easiest way for automakers to integrate ChatGPT into their in-car assistant platforms with full...

BURLINGTON, Mass., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Great Wall Motor Company (GWM), one of China’s largest SUV, pickup, and electric vehicle manufacturers, has selected Cerence to power the in-car experience across its lineup as it expands worldwide. GWM will deploy this new, Cerence-powered user experience in 13 languages across 20 countries in key car models, including the GWM TANK300, GWM TANK500, ORA 07, and POER,...

LAS VEGAS and BURLINGTON, Mass., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, and Volkswagen, one of the world’s largest automakers, today announced that they are partnering to deliver a uniquely intelligent, automotive-grade ChatGPT integration to Volkswagen drivers. Volkswagen will leverage Cerence’s new, generative AI-powered Cerence Chat Pro to enable drivers and passengers to engage the in-car assistant in fun and conversational chit-chat,...

BURLINGTON, Mass., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced it is collaborating with Microsoft to deliver an evolved in-vehicle user experience that combines Cerence’s extensive automotive technology portfolio and professional services with the innovative technology and intelligence of Microsoft Azure AI Services. As a first step, Cerence and Microsoft have collaborated to deliver a curated, automotive-grade implementation for...

BURLINGTON, Mass., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today introduced a pioneering, automotive-specific large language model, CaLLM™, powered by NVIDIA technology. CaLLM™ (Cerence Automotive Large Language Model) serves as the foundation for Cerence’s next-generation in-car computing platform, running on the NVIDIA DRIVE platform. Cerence is working with NVIDIA to solve several key automaker challenges: accelerating time to market by...

Headlines Revenue and profitability exceed the high end of the initially guided range for the full fiscal year Five consecutive quarters of strong execution Fourteen strategic design wins in the fiscal year including five competitive winbacks Maintain a leadership position with Cerence penetration staying strong at 54% of global auto production Fine-tuned LLM with Cerence vertical automotive dataset delivered to customers, advancing Destination Next software platform BURLINGTON, Mass., Nov. 27,...

BURLINGTON, Mass., Nov. 13, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will announce its fourth quarter financial results for the quarter ended September 30, 2023 on Monday, November 27, 2023 at 7:00 a.m. Eastern Time / 4:00 a.m. Pacific Time. The company will host a live conference call and webcast, with accompanying slides, to discuss the results on the same day at 8:30 a.m. Eastern Time / 5:30 a.m. Pacific Time. Interested investors and analysts are...

BURLINGTON, Mass., Oct. 13, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced the filing of a patent infringement lawsuit against Samsung Electronics Co., Ltd and Samsung Electronics America, Inc. in the United States District Court for the Eastern District of Texas. Cerence and its predecessors have a rich history of innovation and technological achievement, resulting in a large, international patent portfolio. The lawsuit against Samsung covers...

BURLINGTON, Mass., Sept. 05, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced it has named Christian Mentz, a highly regarded business leader in automotive technology, as the company’s Chief Revenue Officer. In this role, Mr. Mentz will lead Cerence’s global sales and business development, sales engineering, and marketing organizations, driving the company’s go-to-market strategy, accelerating growth, and expanding the company’s...

BURLINGTON, Mass., Aug. 30, 2023 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will be presenting at the Goldman Sachs Communacopia & Technology Conference in San Francisco, CA on September 6, 2023. The conference includes a fireside chat featuring Stefan Ortmanns, Cerence’s CEO. The webcast will be accessible from the “Events” section of the company’s website ( https://www.cerence.com/investors/events-and-resources ). To learn more about Cerence, visit...