Cerence Shares Rise After Teaming with Volkswagen on AI-Powered In-Car Assistant
08 Janvier 2024 - 6:33PM
Dow Jones News
By Dean Seal
Shares of Cerence gained after the company partnered with
Volkswagen to integrate automotive-grade ChatGPT into the
automaker's in-car assistant platforms.
The stock was up 6.7% at $20.39 in early trading. Volkswagen's
shares, meanwhile, advanced 2.2% to $13.33.
Cerence said Monday that Volkswagen will be the first carmaker
to deploy Cerence Chat Pro, which will allow drivers and passengers
to engage with an in-car assistant that leverages ChatGPT and a
multitude of other sources.
Cerence Chat Pro will become available in current MEB and MQB
evo models from VW Group brands that use the IDA voice assistant,
the company said.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
January 08, 2024 12:18 ET (17:18 GMT)
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