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About Cerence
Industries
Automotive & Transportation
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Burlington, Massachusetts
Founded
2019
Overview
Cerence develops AI-powered solutions for the automotive industry, focusing on improving the in-car experience for drivers and passengers. Their products include voice recognition systems and AI-driven assistants that enhance safety, connectivity, and entertainment while driving. Cerence collaborates with major automotive manufacturers to integrate these technologies into vehicles, setting itself apart from competitors by its extensive experience and partnerships with industry leaders. The company's goal is to transform transportation and advance the future of mobility through continuous innovation and adaptation to emerging trends.
Simplify's Take
What believers are saying
- Cerence's partnership with Mapbox enhances voice-powered navigation for the automotive industry.
- The introduction of Cerence xUI advances LLM-powered in-vehicle user experiences.
- Cerence's CaLLM Edge model offers specialized AI for automotive use cases.
What critics are saying
- SoundHound's partnership with Lucid Motors threatens Cerence's market share in voice AI.
- Microsoft and Siemens' AI advancements could outpace Cerence's offerings in automotive applications.
- Voice AI payments trend could divert Cerence's focus from core automotive solutions.
What makes Cerence unique
- Cerence collaborates with industry leaders like Daimler for advanced user interaction software.
- The company offers AI-powered solutions enhancing in-car experiences with voice recognition and assistants.
- Cerence's xUI platform addresses challenges in AI-powered in-car voice assistant demand.
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Funding
Total Funding
$190M
Above
Industry Average
Funded Over
1 Rounds
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 0%2 year growth
↑ 1%AI firm Cerence has unveiled a new platform that it believes could help automakers address challenges around meeting the demand for AI-powered in-car voice assistants.
BURLINGTON, Mass., March 20, 2025 (GLOBE NEWSWIRE) - Cerence Inc. (NASDAQ: CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today announced that Marion Harris, a long-time Ford Motor Company executive, has been appointed to serve as an independent, non-executive director, effective April 1, 2025.
To discuss the evolving role of AI in vehicle technology, Cerence will join executives from NVIDIA, JLR, and Renault at the NVIDIA GTC conference on March 20.
BURLINGTON, Mass., March 13, 2025 (GLOBE NEWSWIRE) - Cerence Inc. (NASDAQ: CRNC) ("Cerence AI"), a global leader pioneering conversational AI-powered user experiences, today introduced Cerence xUI(TM), its agentic AI assistant platform that works across the edge and the cloud to advance the next generation of LLM-powered in-vehicle user experiences.
Mapbox, a leading provider of mapping and location services, has partnered with Cerence AI, a pioneer in voice AI, to integrate Mapbox's navigation services with Cerence's voice solutions, including its in-car assistant platform.
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About Cerence
Industries
Automotive & Transportation
AI & Machine Learning
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Burlington, Massachusetts
Founded
2019
There are no jobs for Cerence right now.
Find jobs on Simplify and start your career today
People Also Viewed
Discover companies similar to Cerence