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Cerence Inc. is a provider of artificial intelligence (AI)-powered assistants for connected and autonomous vehicles. The Company builds AI-powered virtual assistants for the mobility/transportation market. Its software platform is used to build virtual assistants that can communicate, find information and take action across an expanding variety of categories. Its software platform has hybrid architecture combining edge software components with cloud-connected components. Its Edge software components are installed on a vehicle’s head unit and can operate without access to external networks and information. Its Cloud-connected components comprise certain speech and natural language understanding-related technologies, AI-enabled personalization and context-based response frameworks, and a content integration platform. It also offers a solution portfolio that includes conversational and generative AI as well as audio and communications AI.
Find out what a historical investment in Cerence Inc would be worth today using our CRNC stock calculator.
Market Capitalisation
$414.82M
Price-earnings ratio
-
Dividend yield
0.00%
Volume
565.73K
High today
$9.46
Low today
$8.97
Open price
$9.15
52-week high
$13.74
52-week low
$5.85
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