Cerence Inc. (NASDAQ:CRNC) is one of the best small cap AI stocks to invest in according to hedge funds. On September 17, Cerence announced the full integration of its industry-leading Audio AI suite into Audio Weaver, the powerful audio development platform created by DSP Concepts, which is a leader in embedded audio software. The collaboration is designed to revolutionize in-car audio by enabling customers, particularly automakers, to seamlessly deploy Cerence AI’s automotive audio solutions. The integr ...

Core Insights - Cerence Inc. has integrated its Audio AI suite into HARMAN's AudioworX, enhancing automotive audio experiences with advanced technologies [1][2] - The collaboration aims to improve safety and clarity in vehicle communication through features like Speech Signal Enhancement (SSE), In-Car Communication (ICC), and Emergency Vehicle Detection (EVD) [2][3] Company Overview - Cerence Inc. is a leader in AI-powered automotive experiences, with over 525 million cars equipped with its technology [5] - The company focuses on creating safer and more enjoyable journeys by leveraging voice, generative AI, and large language models [5] Industry Context - The automotive industry is evolving towards integrated, personalized experiences that align with consumer expectations for smart devices [4] - HARMAN's AudioworX simplifies the development process for automakers, allowing for faster deployment of advanced audio solutions [2][4]