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Cerence Shares Up Pre-Bell After Partnership Expansion With Nvidia for CaLLM Family of Language Models
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Cerence Shares Up Pre-Bell After Partnership Expansion With Nvidia for CaLLM Family of Language Models
Jan 3, 2025 6:12 AM

08:44 AM EST, 01/03/2025 (MT Newswires) -- Cerence ( CRNC ) shares were up 32% premarket Friday after the company said it expanded its partnership with Nvidia ( NVDA ) to support Cerence's ( CRNC ) CaLLM family of language models, including its cloud-based Cerence ( CRNC ) automotive large language model.

Financial terms were not disclosed.

Under the terms of the agreement, Nvidia ( NVDA ) will support CaLLM through its cloud-native software platform AI Enterprise and Drive AGX Orin, Cerence ( CRNC ) said.

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