Cerence AI shares double in one day on collab with Nvidia to advance LLMs

  • Cerence AI (NASDAQ: shares spiked nearly 100% during market action on Friday as the voice artificial intelligence company expanded a collaboration with Nvidia (NASDAQ:).
  • Cerence announced it plans to advance the capabilities of its large language models, dubbed CaLLM or Cerence Automotive Large Language Model, through Nvidia AI Enterprise. Nvidia’s cloud-native software platform will accelerate the computing power and implement agentic architecture for the models,said.
  • Cerence develops voice generative AI LLMs for the automobile industry. It reports more than 500M cars shipped utilize its AI voice technology.
  • “By optimizing the performance of our CaLLM family of language models, we are delivering cost savings and improved performance to our automaker customers, who are running quickly to deploy generative AI-powered solutions to their drivers,” said Nils Schanz, executive vice president of product and technology at Cerence AI.

Leave a Comment