Cerence (CRNC) shares were up 32% premarket Friday after the company said it expanded its partnership with Nvidia (NVDA) to support Cerence's CaLLM family of language models, including its cloud-based Cerence automotive large language model.
Financial terms were not disclosed.
Under the terms of the agreement, Nvidia will support CaLLM through its cloud-native software platform AI Enterprise and Drive AGX Orin, Cerence said.