BURLINGTON, Mass. (AP) — BURLINGTON, Mass. (AP) — Cerence Inc. (CRNC) on Thursday reported a loss of $24.3 million in its fiscal first quarter. The Burlington, Massachusetts-based company said it had ...
Cerence (CRNC) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.27. This compares to earnings of $1.12 per share a year ago. These figures are ...
BURLINGTON, Mass., Feb. 06, 2025 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC) (“Cerence AI”), a global industry leader in AI for transportation, today reported its first quarter fiscal year 2025 ...
The upside can be attributed to Cerence’s strong AI portfolio, expanding clientele and growing global presence in the automotive industry, all of which are supported by a solid network of partners.
Cerence Inc. is a $670 million AI company focused on automotive voice assistance, but its growth potential seems overstated. Despite the recent stock surge due to the Nvidia partnership ...
Despite Cerence having a dominant share of the auto industry for voice assistants, the company had a terrible 2024 due to decelerating revenue growth and shrinking profit margins. It also didn't ...
Cerence (CRNC) 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 ...
The tech firm reported that " its cloud-based Cerence Automotive Large Language Model (CaLLM)" was being "powered" by Nvidia's AI Enterprise. Cerence described the latter system as "an end-to-end ...
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 ...
About Cerence Inc. Cerence Inc. (NASDAQ: CRNC) is a global industry leader in creating intuitive, seamless, AI-powered experiences across automotive and transportation. Leveraging decades of ...