If you found it insightful, reshare it with your network.Find me → @_avichawlaEvery day, I share tutorials and insights on DS, ML, LLMs, and RAGs. https://t.co/DzDoKaIVcZAvi Chawla (@_avichawla):Traditional RAG vs. HyDE, visually explained!RAG is great, but it has a major problem:Questions are not semantically similar to their answers.Consider an example where you want to find context similar to "What is ML?"It is likely that "What is AI?" will appear more https://t.co/oZ7lttsZbG ...

Core Insights - Equinix, Inc. has appointed Yang Song, Ph.D., as the new Senior Vice President, Chief Data Science and AI Officer, effective immediately [1][2] - Song will lead the global data science and AI organization at Equinix, focusing on embedding intelligence across all company processes and enhancing customer experiences [2][3] - The appointment is part of Equinix's strategy to drive operational excellence and unlock new revenue streams through AI and machine learning [2][3] Company Overview - Equinix is recognized as a leading digital infrastructure company, connecting economies and organizations globally [4] - The company aims to enhance digital experiences and leverage cutting-edge AI technologies to deliver value [4] Leadership Background - Yang Song brings over 20 years of experience in AI and machine learning, having previously held leadership roles at Apple and IBM Research [2][3] - At Apple, Song was instrumental in transforming the company's enterprise AI vision, resulting in significant value creation across various business functions [3] Strategic Vision - Song expressed enthusiasm for Equinix's commitment to driving transformative value through AI and machine learning, aiming to accelerate the responsible adoption of these technologies [3] - The focus will be on developing intelligent products and insights that provide real value to Equinix's customers [3]

Quantitative Investing History - Discusses the history of quantitative investing [1] Market Efficiency - Explores the concept of market efficiency [1] AI/ML in Investing - Examines the emergence of AI/ML in the investment process [1]

Core Insights - Beamr Imaging Ltd. is advancing its commercial pipeline in the autonomous vehicle (AV) market, with multiple Proof of Concepts (PoCs) indicating growth in activity since the last quarter [2][3] - The company is focusing on the AV vertical, which processes significant amounts of video data, and is shifting to a volume-based business model to capitalize on this opportunity [4][5] - Beamr's patented content-adaptive compression technology can save up to 50% in storage and operational costs, addressing the critical demand for efficient video data management in the AV industry [5][6] Commercial Pipeline and Strategy - During Q3 2025, Beamr built its sales and marketing capabilities in the AV sector, gaining momentum with additional PoCs from leading AV companies [3][8] - The AV market is characterized by long sales cycles, prompting Beamr to invest significantly in sales, marketing, and engineering efforts [8] - The company is actively managing a growing sales pipeline and aims to convert these opportunities into flagship agreements in the near future [8] Media and Entertainment Sector - Beamr has renewed all major agreements for 2025 in the Media and Entertainment (M&E) vertical, demonstrating a strong market position [9] - The company is innovating its video solutions for M&E, including new offerings like Super Resolution, which enhances video quality using advanced AI algorithms [10] Industry Engagement and Recognition - Beamr participated in key industry events, such as the ADAS and AV technology summit and the IBC Show, to engage with partners and prospects, further validating its solutions [12][13] - The company received recognition for its innovative solutions, winning the TV Tech best of show award at the IBC Show [13] Financial Performance - For the nine-month period ending September 30, 2025, Beamr generated approximately $1.54 million in revenue, a slight increase from $1.5 million in the same period in 2024 [17] - The company maintains a solid balance sheet with $12.2 million in cash and deposits as of September 30, 2025 [17] Future Outlook - Beamr's priorities include converting PoCs and sales pipeline in the AV market into signed agreements, maintaining leadership in the M&E space, and ensuring financial discipline [18] - The company is confident in its ability to leverage its expanding pipeline and trusted technology to achieve growth and broader market adoption [18]

Traditional RAG vs. HyDE, visually explained!RAG is great, but it has a major problem:Questions are not semantically similar to their answers.Consider an example where you want to find context similar to "What is ML?"It is likely that "What is AI?" will appear more similar than "Machine learning is fun."This semantic dissimilarity leads to several irrelevant contexts being retrieved during the retrieval step.HyDE solves this issue.The visual below illustrates how this approach differs from RAG.Here's how it ...

Core Insights - Azitra, Inc. reported significant progress in its clinical programs during Q3 2025, including the initiation of a Phase 1/2 trial for ATR-04 targeting EGFRi-associated rash in oncology patients [3][6] - The company presented positive preclinical data for ATR-01, aimed at treating ichthyosis vulgaris, a genetic disorder affecting approximately 1.3 million people in the U.S. [3][6] - Azitra's lead program, ATR-12, targets Netherton syndrome, a rare skin disease with no approved treatments, and is in a Phase 1b clinical trial [3][5] Business Highlights - The first patient was dosed in the Phase 1/2 trial for ATR-04 in August 2025, which has received Fast Track designation from the FDA [3][6][8] - Positive preclinical data for ATR-01 was presented at BIO-Europe, showcasing the potential for active filaggrin delivery [3][6] - The company raised $2.8 million in gross proceeds through an equity line of credit with Alumni Capital LP [6] Financial Results - R&D expenses for Q3 2025 were $1.2 million, up from $1.0 million in Q3 2024 [7] - G&A expenses decreased to $1.6 million in Q3 2025 from $1.9 million in Q3 2024 [7] - The net loss for Q3 2025 was $2.8 million, compared to a net loss of $1.0 million in the same period of 2024 [7][12] Cash Position - As of September 30, 2025, Azitra had cash and cash equivalents of $1.4 million, down from $4.6 million at the end of 2024 [7][12]

Core Insights - SoundThinking, Inc. has revised its full-year 2025 revenue guidance down from a range of $111.0 million to $113.0 million to approximately $104.0 million due to contract delays [4][12] - The company reported a 4% year-over-year decline in third-quarter revenues, totaling $25.1 million compared to $26.3 million in the same quarter of 2024 [5][7] - Adjusted EBITDA for Q3 2025 was $3.5 million, representing 14% of revenues, down from $4.5 million or 17% of revenues in Q3 2024 [9][19] Financial Performance - Revenues for Q3 2025 were $25.1 million, a decrease of $1.2 million from Q3 2024, primarily due to the absence of a significant contract with the City of Chicago [5][6] - Gross profit for Q3 2025 was $13.6 million, accounting for 54% of revenues, compared to $15.2 million or 58% of revenues in Q3 2024 [6][7] - The company reported a GAAP net loss of $2.0 million for Q3 2025, compared to a net loss of $1.4 million in Q3 2024 [9][24] Operational Highlights - The company expanded its ShotSpotter footprint and introduced new AI capabilities with the CrimeTracer Gen3 beta release [4] - SoundThinking achieved a Net Promoter Score of approximately 70, up from 66, indicating strong customer satisfaction and retention [4][7] - The company repurchased 160,271 shares of common stock for approximately $2.0 million as part of its share repurchase program [11] Future Outlook - The company anticipates accelerated revenue growth and increased profitability in 2026 and beyond, maintaining long-term financial targets of 70% gross margin and 40% Adjusted EBITDA margin [13] - SoundThinking's transformation from a domestic ShotSpotter business to a global SafetySmart platform company is progressing well, with expectations for renewed top-line growth [13][20]

Financial Data and Key Metrics Changes - The company reported a GMV of $37.8 billion for Q3 2025, reflecting a 9% year-over-year increase, and $108.4 billion for the first nine months, showing a 7% increase year-over-year [12] - Q3 revenue reached a record $81.9 million, up 4% year-over-year, while revenue for the first nine months was $245.3 million, increasing 5% year-over-year [13] - Non-GAAP gross profit for Q3 was $41.5 million, a 5% year-over-year increase, translating to a non-GAAP gross profit margin of approximately 51%, up 1% from the previous year [16] - Adjusted EBITDA for Q3 was $5.6 million, representing a margin of approximately 7%, with expectations for a margin of approximately 15% in Q4 [18][21] Business Line Data and Key Metrics Changes - The money transfer and payments category grew 100% year-over-year in Q3, driven by new business activity [14] - The tickets and travel category grew 6% in Q3, while the fashion and luxury category saw a 13% increase [13][14] - The home category contracted by approximately 70% year-over-year, but growth is expected to return in Q4 [15] Market Data and Key Metrics Changes - In the U.S., revenue declined 12% year-over-year, primarily due to the contraction in the home category [15] - APAC region grew approximately 55% year-over-year, while other Americas (Canada and Latin America) grew approximately 18% year-over-year [15][16] - EMEA region experienced a 19% year-over-year growth, with strong performance in fashion and luxury, tickets and travel, and money transfer and payments [16] Company Strategy and Development Direction - The company is focused on enhancing machine learning capabilities and has shifted approximately 70% of its models to autonomous training, which is expected to improve scalability and performance [6][7] - The company is investing in new product developments, including Adaptive Checkout, which has shown significant improvements in conversion rates for merchants [9] - The strategy includes targeting specific verticals and geographic regions for expansion, with a focus on mid-market opportunities [26] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism for the upcoming holiday season, supported by resilient consumer spending and strong performance in key categories [10][11] - The company raised the bottom end of its revenue guidance for the second consecutive quarter, now anticipating revenue between $338 million and $346 million for the full year [21] - Management highlighted the importance of navigating complexities introduced by agentic commerce and stablecoin adoption, positioning the company to assist merchants in this evolving landscape [39][60] Other Important Information - The company ended Q3 with $325 million in cash and investments, maintaining a zero-debt position [19] - Share repurchase activity included 5.2 million shares for approximately $25.3 million in Q3, with a total of 14.2 million shares repurchased for about $69.2 million in the first nine months [20] Q&A Session Summary Question: Momentum as the year ends - Management expects strong performance from both upselling existing merchants and acquiring new clients [24] Question: Emerging verticals for 2026 - The company is focused on specific large verticals and geographic regions for expansion, considering both product and distribution strategies [25][26] Question: Revenue contribution from non-Chargeback Guarantee products - Non-Chargeback Guarantee products have shown strong growth, exceeding 100% [29] Question: Long-term margin profile - The long-term margin profile varies based on product mix, with a focus on increasing gross profit dollars [30] Question: Gross margin trajectory into next year - Recent model improvements are expected to enhance gross margins, despite potential headwinds from new categories [34][35] Question: One-time expense impacts in Q3 - Positive impacts were related to payroll adjustments and reserve duties, with expectations for operating expenses to be around $39 million in Q4 [36][37] Question: Growing stablecoin adoption - The company sees stablecoins introducing complexity for merchants, which could drive demand for its services [39] Question: Agentic commerce opportunities and threats - Agentic commerce could increase demand for services due to added complexity, but could also pose risks if transactions shift away from traditional e-commerce [58][60] Question: 2026 EBITDA targets - Management remains optimistic about achieving targeted margins, although some delays may occur due to merchant events [62]

Financial Data and Key Metrics Changes - The company's GMV for Q3 was $37.8 billion, reflecting a 9% year-over-year increase, while the first nine months totaled $108.4 billion, up 7% year-over-year [12] - Q3 revenue reached a record $81.9 million, a 4% increase year-over-year, with year-to-date revenue of $245.3 million, up 5% year-over-year [13] - Non-GAAP gross profit for Q3 was $41.5 million, a 5% year-over-year increase, translating to a gross profit margin of approximately 51%, up 1% from the previous year [16] - Adjusted EBITDA for Q3 was $5.6 million, representing a margin of approximately 7%, with expectations for a margin of approximately 15% in Q4 [18][21] Business Line Data and Key Metrics Changes - The money transfer and payments category grew approximately 100% year-over-year in Q3, driven by new business activity [14] - The tickets and travel category grew 6% in Q3, while the fashion and luxury category saw a 13% increase [13][14] - The home category contracted by approximately 70% year-over-year, but growth is expected to return in Q4 [15] Market Data and Key Metrics Changes - In the U.S., revenue declined 12% year-over-year, primarily due to the contraction in the home category [15] - APAC region grew approximately 55% year-over-year, while other Americas (Canada and Latin America) grew approximately 18% year-over-year [15][16] - EMEA region grew approximately 19% year-over-year, with strong performance in fashion and luxury, tickets and travel, and money transfer and payments [16] Company Strategy and Development Direction - The company is focused on enhancing machine learning capabilities and has shifted approximately 70% of its models to autonomous training, which is expected to improve scalability and performance [6][7] - The company is investing in new product developments, including Adaptive Checkout, which has shown significant improvements in conversion rates for merchants [9] - The strategy includes targeting specific verticals and geographic regions for expansion, with a focus on mid-market opportunities [26] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism for a healthy holiday season, supported by resilient consumer spending and strong performance in key categories [10][11] - The company raised the bottom end of its revenue guidance for the second consecutive quarter, now anticipating revenue between $338 million and $346 million for the full year [21] - Management highlighted the importance of navigating complexities introduced by agentic commerce and the potential for increased demand for their services [60] Other Important Information - The company ended Q3 with $325 million in cash and investments, maintaining zero debt and achieving quarterly free cash flows of $13.4 million [19] - Share repurchase activity included 5.2 million shares for approximately $25.3 million in Q3, with a total of 14.2 million shares repurchased for approximately $69.2 million in the first nine months [20] Q&A Session Summary Question: Momentum as the year ends - Management expects strong performance from both upselling existing merchants and acquiring new clients [24] Question: Emerging verticals for 2026 - The company is focused on specific large verticals and geographic regions for expansion, considering both product fit and distribution strategies [26] Question: Revenue contribution from non-Chargeback Guarantee products - Non-Chargeback Guarantee products have shown strong growth, over 100%, contributing positively to long-term contracts and new business [28] Question: Long-term margin profile - The long-term margin profile varies based on product mix, with a focus on increasing gross profit dollars [30] Question: Gross margin trajectory into next year - Recent model improvements are expected to improve performance, but there may be headwinds from new categories and regions [34] Question: One-time expense impacts in Q3 - Positive impacts were related to payroll adjustments and reserve duties, with expectations for operating expenses around $39 million in Q4 [36] Question: Growing stablecoin adoption - The company sees stablecoins and crypto introducing complexity for merchants, which could drive demand for their services [39] Question: Agentic commerce opportunities and threats - Agentic commerce could increase demand for services due to complexity, but there is a risk if transactions move away from traditional e-commerce [60]

Riskified (NYSE:RSKD) Q3 2025 Earnings Call November 12, 2025 08:30 AM ET Speaker2Good day, and thank you for standing by. Welcome to the Riskified Third Quarter 2025 earnings call. At this time, all participants are in a listen-only mode. After the speaker's presentation, there will be a question-and-answer session. To ask a question during the session, you will need to press star 11 on your telephone. You will then hear an automated message advising that your hand is raised. To withdraw your question, ple ...