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Why Are Cerence Shares Trading Higher Today?

Wells Fargo analyst Colin Langan upgraded Cerence Inc. from Equal-Weight to Overweight and an $85 price target, down from $91, implying . ....

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Cerence Inc.: Cerence Provides Dynamic Voice Recognition to Hyundai IONIQ 5, the Automaker's First in its New Lineup of Battery Electric Vehicles


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Cerence delivers conversational AI-powered access to key in-car functions and information, enhancing driver safety and convenience
BURLINGTON, Mass., April 14, 2021, the world s leading technology and solutions portfolio for mobility, to power Dynamic Voice Recognition in the new IONIQ 5 all-electric, midsize CUV, the first model in the automaker s new brand of battery electric vehicles (BEV).
Leveraging Cerence s hybrid embedded and cloud technologies, including voice recognition, natural language understanding, and text-to-speech, Hyundai s Dynamic Voice Recognition is fluent in a number of languages with the European launch of IONIQ 5. Easily activated using the push-to-talk button on the steering wheel, the voice-powered assistant in IONIQ 5 enables drivers to control everything related to their comfort and convenience. They can navigate to destinations; make phone calls and send text messages; control in-car functions like the radio, heated steering wheel and ....

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CerebrumX Closes Series A Funding Round Led by LG Technology Ventures and Cerence Inc. to Create AI-Driven Automotive Data Management Platform


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PRINCETON, NJ / ACCESSWIRE / March 4, 2021 / CerebrumX, with its industry-first, AI-driven automotive data services, and management platform, announced today the closing of Series A funding led by LG Technology Ventures, the global corporate venture capital arm of LG Group that invests in tech startups, with participation by strategic investor Cerence Inc. (NASDAQ: CRNC), the leader in AI-powered mobility experiences. The investment signifies industry endorsement of CerebrumX s technology and vision and will be utilized to drive the company s aggressive plan to tap into the automotive data analytics market by accelerating investments in R&D, cloud infrastructure, and onboarding ecosystem partners.
Per McKinsey & Company s 2020 consumer survey on autonomous driving, connectivity, electrification, and shared mobility, nearly 40 percent of consumers are interested in unlocking additional features after they ve purchased a vehicle, with that number rising to almost 50 per ....

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Long-Time Partners Cerence and BMW to Headline Voicebot.live on March 3, Envision the Impact of Conversational AI on the Driving Experience

Cerence leaders to present new products transforming mobility at other events this monthBURLINGTON, Mass., March 01, 2021 (GLOBE NEWSWIRE) Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced that Cerence CEO Sanjay Dhawan and Simon Euringer, Head of Connected Drive, BMW Group, will headline Voicebot.AI’s Voicebot.live, hosted by Bret Kinsella, on March 3, 2021 at 3:00 pm ET. In this live, virtual event, Dhawan and Euringer will join Kinsella to discuss the future of voice AI in the car. Together, these voice and automotive industry leaders will dissect the latest data about voice adoption in the car, the changing role of the mobility assistant in consumers’ daily lives, and their outlook for the future of conversational AI and the driving experience. To learn more about the event and to register, please visit www.voicebot.ai/live/. Cerence Experts Featured at Other Industry Events in MarchAlso in March, several Cerence leaders will be featured experts ....

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