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Stock impact report

Cerence to Join Forces with LG on AI-Powered Connected Car Platform

Cerence Inc. (CRNC) 
Last cerence inc. earnings: 2/11 07:00 am Check Earnings Report
Company Research Source: GlobeNewswire
BURLINGTON, Mass., Jan. 14, 2020 (GLOBE NEWSWIRE) -- Cerence Inc. (NASDAQ: CRNC), AI for a world in motion, today announced the signing of a memorandum of understanding with LG Electronics (LG) to develop a new software solution that integrates LG’s webOS Auto In-Vehicle Infotainment (IVI) system with Cerence ARK (AI Reference Kit), a new turnkey voice assistant for the automotive market. Dr. I.P. Park, president and CTO of LG Electronics, and Sanjay Dhawan, CEO of Cerence Together, the companies aim to create and advance a more convenient in-car experience through voice commands that allow drivers and passengers to have far more control over car functions, navigation and multimedia content. The partnership is expected to deliver more efficient management of resources required to integrate Ce Show less Read more
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