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Cerence AI partners with Nvidia as SoundHound stock also rises

Cerence AI's stock surged 66% following a partnership announcement with Nvidia to enhance automotive AI language models, while SoundHound's stock rose 2.5%. Both companies specialize in voice recognition software, with Cerence focusing on automotive applications and SoundHound on the restaurant industry. Nvidia, an investor in SoundHound, is set to showcase its AI software platform at the upcoming CES technology trade show.
Investor's Business Daily
NVIDIA Corporation Cerence Inc. Microsoft Corp USA Reinhardt Krause Nils Schanz Show more
Technology & Innovation, Market Report
19:09 03.01.2025
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