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 integrated in-ca

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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 average cl

Tempesta joins Cerence following 15-year tenure at Nuance Communications; current CFO Tom Beaudoin will retain seat on Cerence’s Board of Directors Cerence Names Daniel Tempesta as Chief Financial Officer Cerence Inc. today announced that it has appointed Daniel Tempesta as its new Chief Financial Officer (CFO), effective March 18, 2024. BURLINGTON, Mass., March 04, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that it has appointed Daniel Tempes

BURLINGTON, Mass., Feb. 27, 2024 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, will be presenting at the Raymond James 45th 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 and

Key Insights Using the 2 Stage Free Cash Flow to Equity, Cerence fair value estimate is US$27.11 Cerence's US$18.58...

Headlines Revenue and profitability exceed the high end of guidance, leading to six quarters of strong executionAnnounced AI partnerships with NVIDIA and MicrosoftMaintained a leadership position, with Cerence penetration staying strong at 54% of global auto productionNew 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. (NASDAQ:

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

Škoda to deploy Cerence’s automotive-grade ChatGPT integration as a standard feature for many customers in mid-2024BURLINGTON, 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 fast

Cerence Assistant will empower GWM drivers and passengers worldwide with enhanced, multi-seat voice interactionBURLINGTON, 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