Cerence: Poised For Rebound With Strong Pipeline
metamorworks Cerence (NASDAQ:CRNC) is a leading company in the field of automotive AI assistants. They develop technology that allows drivers to use their voice to control various aspects of their car, such as the navigation system, entertainment system, and climate settings. Their technology is used by many major car manufacturers around the world. Upon its spin-off from Nuance in 2019, share performance has been lackluster. It reached an all-time high of $133 in 2021, a significant return from its spin-of ...