Cerence Inc. provides A.I. powered assistants for connected and autonomous vehicles. It offers edge software components; cloud connected components; toolkits; applications; and virtual assistants. The company also provides conversational artificial intelligence, including voice recognition, natural language understanding.Cerence is the absolute leader in voice recognition for autonomous driving.
The company sells components to auto manufacturers on a SaaS pricing model.
Another 5G play here. 5G will usher in autonomous vehicles and virtually every car on the road will be using Cerence technology.
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