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VWAPY Volkswagen AG (PK)

12.50
0.24091 (1.97%)
31 May 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Volkswagen AG (PK) USOTC:VWAPY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.240906 1.97% 12.50 12.40 12.61 12.50 12.32 12.37 242,950 21:14:51

Cerence Shares Rise After Teaming with Volkswagen on AI-Powered In-Car Assistant

08/01/2024 5:33pm

Dow Jones News


Volkswagen (PK) (USOTC:VWAPY)
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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)

Copyright (c) 2024 Dow Jones & Company, Inc.

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