Cerence Shares Up Pre-Bell After Partnership Expansion With Nvidia for CaLLM Family of Language Models

MT Newswires Live
01-03

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.

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