Cerence Inc. announced strong customer adoption of its Cerence xUI platform, an AI-powered in-car assistant optimized with NVIDIA AI Enterprise and running on Microsoft Azure. Multiple premium global automakers have selected xUI to power next-generation in-car assistants beginning in 2026. The collaboration leverages NVIDIA's NIM microservices and NeMO framework to deliver improved performance and lower latency. Additionally, Geely Auto selected Cerence xUI for its next-generation LLM-powered in-car experience.

Cerence Inc. announced a collaboration with Geely Auto to deploy Cerence xUI, a hybrid agentic AI platform, for enhanced in-vehicle voice interaction in overseas markets. The technology will debut in the Geely Galaxy M9 in April 2026, featuring multi-intent recognition, natural dialogue, and multi-seat interactions. The partnership demonstrates Cerence's leadership in LLM-based automotive AI solutions.

Cerence Inc. announced the repurchase of $30 million in principal amount of its 1.50% Convertible Senior Notes Due 2028 at 92% of par value. The company plans to use this strategic move to reduce interest expense, eliminate refinancing dilution, and lower leverage. With $180 million in Notes remaining until 2028 maturity, Cerence will continue evaluating market conditions for potential additional repurchases.

Cerence reported strong Q4 fiscal results with 11% revenue growth, secured a $49.5 million legal settlement from Samsung, and expects 8% growth in its core technology business in the coming year.

Cerence Inc. was awarded AutoTech AI Solution of the Year for its hybrid, agentic AI platform xUI, which offers multi-modal capabilities and seamlessly integrates third-party models for advanced in-car AI assistants.

Cerence Inc. granted 63,397 time-based restricted stock units to Raja Bose upon his appointment as Vice President of Global Product Management, with vesting over three years.

SoundHound AI experienced significant revenue growth of 217% in Q2, but faces challenges with profitability and high stock valuation. The company has diversified its business beyond automotive and aims to achieve profitability by end of 2025.

Cerence AI and Volkswagen Group have enhanced the IDA in-car assistant to enable more natural, multi-turn conversations powered by Cerence Chat Pro, making in-car interactions more intelligent and human-like across Volkswagen Group brands.

Cerence AI, a leader in conversational AI, announced a partnership with Arm to leverage the Arm Kleidi software library to enhance the capabilities and performance of its embedded small language model, CaLLM Edge. This collaboration aims to address the challenges automakers face in building enough compute power to handle intensive workloads like large language models, enabling more efficient and powerful real-time language processing at the edge.

SoundHound AI's stock declined 7.8% after its Q1 2025 revenue fell short of Wall Street's expectations, despite meeting the bottom-line estimate. The company reaffirmed its full-year 2025 revenue guidance and expects to achieve positive adjusted EBITDA by the end of the year.

Nvidia stock is rising due to indications of a softer trade-war stance from the Trump administration, which could lower tariffs and ease tensions with China. Additionally, Nvidia's AI Enterprise software platform is gaining traction, with Cerence announcing a partnership to use the platform.

SoundHound AI and Cerence are two voice AI companies, with SoundHound growing rapidly but not yet profitable, while Cerence is more established and profitable. The author believes Cerence is the better buy due to its lower risk and ability to turn a profit, despite SoundHound's rapid growth.