Neusoft and Cerence AI (CRNC) signed a Memorandum of Understanding on Jan. 22, 2026 to collaborate on large language model–based voice AI for automotive cockpits. The partnership will combine Neusoft's NAGIC intelligent cockpit software platform with Cerence AI's conversational and generative AI capabilities to deliver pre-integrated, scenario-driven in-cabin interaction solutions.The companies said they will pursue joint innovation, ecosystem integration, and global market expansion by leveraging Neusoft's product development and delivery network and Cerence AI's automotive AI expertise, aiming to enable more natural, humanlike vehicle interactions for automakers worldwide.

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Cerence (NASDAQ: CRNC) announced it repurchased $30 million aggregate principal amount of its 1.50% Convertible Senior Notes due 2028 on Dec 24, 2025. The company bought the notes in privately negotiated transactions at a cash price equal to 92% of principal, plus accrued and unpaid interest to the settlement date.Cerence described the move as a strategic use of cash to reduce interest expense, eliminate potential dilution from those notes, and lower leverage. After the repurchase, $180 million of the Notes remain outstanding through 2028 and the company said it will continue to evaluate cash and market conditions for the remaining Notes.

Cerence (CRNC) Is Up 20.8% After Major Patent Payment Boosts Revenue Outlook – Has the Earnings Story Shifted?  Yahoo Finance

Cerence (CRNC) Is Up 20.8% After Major Patent Payment Boosts Revenue Outlook – Has the Earnings Story Shifted?  Yahoo Finance UK

Cerence (NASDAQ: CRNC) reported Q4 FY25 revenue of $60.6M and full-year FY25 revenue of $251.8M, both above the high end of guidance. Q4 free cash flow was $9.7M and FY25 free cash flow was $46.8M, nearly a three-fold increase year‑over‑year. Adjusted EBITDA for Q4 was $8.3M and FY25 adjusted EBITDA was $48.1M. The company provided FY26 revenue guidance of $300M–$320M (midpoint +23% YoY) that the company says reflects an expected $49.5M patent license payment and projected 8% growth in its core technology business. Cerence reiterated progress on its xUI platform and expects the first xUI‑powered cars on roads in 2026.

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