Cerence Inc

Burlington, USA

Cerence Inc is an AI-driven technology company that provides innovative solutions for the mobility and automotive industries, specializing in voice assistants and in-car connected experiences.

CCI Score

18.30

-0.01% April 18

Latest Event

Cerence Launches Enhanced AI-Powered Biometrics Engine

Cerence Inc unveiled its next-generation AI-powered biometrics engine integrated into Cerence Assistant, offering enhanced personalization and security for in-car interactions with multimodal identification features.

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SABOTEUR

Cerence Inc is currently rated as a Saboteur.

+10 to +24 CCI Score

Companies in this bracket take more subtle actions to undermine authoritarian practices. They might implement internal policies or support reforms that quietly weaken oppressive systems, contributing to change in less overt ways.

Latest Events

MAR

16

2023

Cerence Launches Enhanced AI-Powered Biometrics Engine
32.44

Cerence Inc unveiled its next-generation AI-powered biometrics engine integrated into Cerence Assistant, offering enhanced personalization and security for in-car interactions with multimodal identification features.
+40

Technology and Services Impact

March 28

The launch of Cerence's new AI-powered biometrics engine enhances security and personalization in vehicle interactions, providing a frictionless authentication process. This development is viewed positively from an anti-authoritarian perspective because it prioritizes user convenience and strengthened security measures without enabling overt surveillance, thereby supporting consumer empowerment and data protection.

Cerence Unveils Enhanced, AI-Powered Biometrics Engine for Deeper Security and Personalization | Cerence AI
OCT

20

2022

Investor Sues Cerence Over Misleading Supply Chain Claims
-27.26

An investor filed a derivative lawsuit alleging that Cerence Inc.'s senior leaders artificially propped up its stock by falsely hyping the company's ability to withstand pandemic-era supply chain challenges, which contributed to a 60% stock drop over approximately six weeks.
-35

Business Practices and Ethical Responsibility

March 28

The lawsuit accuses Cerence's senior leadership of engaging in deceptive practices by providing unfounded assurances about supply chain resilience, which misled investors and contributed to a significant stock drop. This reflects unethical business practices under the 'Business Practices and Ethical Responsibility' category, indicating a lack of corporate transparency and accountability.

Cerence Investor Sues Over Huge Stock Drop, Supply Chain Woes
NOV

18

2021

Cerence Publishes Inaugural ESG Report
49.73

On November 18, 2021, Cerence Inc. released its first Environmental, Social, and Governance (ESG) report that outlines its ESG performance, strategic commitments, and efforts in governance, risk management, data privacy, and community engagement. The report emphasizes transparency and accountability, reinforcing the company's commitment to ethical business practices and responsible stakeholder management.
+70

Business Practices and Ethical Responsibility

March 28

The release of an inaugural ESG report by Cerence signals a strong commitment to ethical business practices and corporate transparency. By publicly disclosing its ESG performance and outlining strategic initiatives in governance and stakeholder engagement, the company enhances its accountability and aligns with progressive anti-authoritarian values. This move supports the interests of marginalized communities and builds trust through transparent reporting.

Cerence Releases Inaugural Environmental, Social, and Governance (ESG) Report | Cerence AI