Cerence AI releases first quarter financial report for 2025

The report shows that in the first quarter, Cerence's total revenue reached US$50.896 million, exceeding the expected high. Despite a 2% decline in global automobile production, Cerence AI's technology still accounts for 51% of global automobile production. In addition, the company's shipments in the first quarter of 2025 were 11 million units, which was a 10% year-on-year decrease, but a 3% increase from the previous quarter. Looking ahead, Cerence AI plans to continue to optimize business processes, reduce costs, and advance the development of its next-generation products.