Financial Performance - Workday's trailing twelve month subscription revenues reached $7.961 billion, demonstrating a year-over-year growth of 15.5%[9] - The trailing twelve month non-GAAP operating income was $2.349 billion, resulting in a 27.0% margin[9] - Operating cash flow for the trailing twelve months amounted to $2.547 billion, achieving a 29.3% margin[9] - In Q1 FY26, total revenues were $2.240 billion, a 12.6% increase year-over-year, with subscription revenues at $2.059 billion, up by 13.4%[22] - Q1 FY26 operating cash flows reached $457 million, a 23.0% increase year-over-year, and free cash flows were $421 million, up by 44.6%[22] Customer and Operational Metrics - Workday serves over 11,000 global customers across 175+ countries, including 60%+ of the Fortune 500[10] - The company has approximately 19,300 employees worldwide, operating in 30+ countries[10] - Total subscription revenue backlog reached $24.62 billion, a 19.1% increase year-over-year, with the 12-month subscription revenue backlog at $7.63 billion, up by 15.6%[22] Future Guidance - Workday projects full year FY26 subscription revenues to be $8.800 billion and a non-GAAP operating margin of 28.5%[13] - The company anticipates Q2 FY26 total revenues of $2.340 billion, a 12% increase year-over-year, and subscription revenues of $2.160 billion, up by 13%[28]

Core Insights - Manulife is committed to responsible AI use, emphasizing ethical principles in the design, development, and deployment of AI solutions [2][4][3] - The company has over 43 Generative AI (GenAI) use cases in production and plans to deploy an equivalent number by the end of 2025, with over 450 ideas currently under evaluation [1][6] - Manulife expects its digital investments, including AI enhancements, to yield a threefold return on investment over five years, with over $600 million in benefits realized in 2024 from digital customer leadership initiatives [8] Responsible AI Principles - Manulife's Responsible AI Principles guide the ethical use of AI, ensuring alignment with the company's core values and mission [4][5] - The principles focus on safety, sustainability, bias-free practices, human agency, and continuous learning from industry partners [5][4] AI Capabilities and Workforce Empowerment - The company has approximately 200 data scientists and machine learning engineers, providing global access to GenAI tools for all employees [6] - Manulife has implemented a GenAI skills-building program aimed at empowering its workforce to responsibly harness AI technologies [7] Industry Leadership and Collaboration - Manulife is positioning itself as a leader in responsible AI use, participating in industry discussions to shape the future of AI in global business [3][4] - The company is dedicated to fostering a collaborative environment that addresses the complexities of AI while ensuring its safe and beneficial application [4]

Summary of PROS Update / Briefing May 14, 2025 Company Overview - **Company**: PROS - **Industry**: AI-driven software solutions, particularly in pricing and revenue management Key Points and Arguments AI Innovations and Product Development - PROS is launching **50 new AI agents** aimed at transforming productivity and business outcomes by combining large language models with mathematical models [10][12] - The concept of **"every person in the company will be a manager"** is introduced, emphasizing the role of AI agents in enhancing individual productivity [10] - AI agents will assist in various tasks, such as sales processes, by autonomously managing renewals and pricing strategies [12][13] - The focus on **customer co-development** of products highlights the collaborative culture within PROS [8][14] Market Demand and Volatility - Market volatility, including factors like inflation and tariffs, drives demand for PROS solutions, as companies seek to adapt quickly to changing conditions [17][22] - PROS technology enables companies to execute pricing strategies rapidly, providing a competitive edge during volatile periods [19][20] Financial Performance and Guidance - PROS reported a **positive free cash flow** in Q1 for the first time in a long time, indicating strong financial health [23] - The company anticipates an **accelerating second half** of the year based on strong bookings in both subscription and services [24] Strategic Focus and Market Positioning - The new CEO emphasizes the need to **amplify brand awareness** and enhance demand generation efforts, particularly through partnerships [30][32] - PROS aims to leverage its **partner ecosystem** to increase market penetration and capitalize on opportunities within the CRM landscape [52][54] Travel Industry Insights - Airlines are increasingly focused on **offer optimization** and enhancing customer experiences, which aligns with PROS' capabilities [35][37] - The company is witnessing a resurgence in demand as airlines recover from the impacts of COVID-19, with a focus on technology that drives efficiency without increasing headcount [44][45] Competitive Landscape - PROS holds a **leadership position** in the CPQ market, differentiating itself with a headless commerce architecture that is adaptable across various CRM systems [88][90] - The competitive environment is seen as improving, with PROS positioned to benefit from the transition away from traditional CRM solutions [89][91] AI Adoption and Internal Efficiency - The internal adoption of AI is extensive, with a focus on using AI to enhance operational efficiency and scale without increasing headcount [75][78] - The leadership team is committed to embedding AI across all functions, which is expected to yield significant future benefits [80][82] Revenue Model and Stability - PROS' revenue model is largely insulated from fluctuations in passenger volumes in the airline industry, with only about **1% of revenue** directly impacted by volume [86] - The company has a tiered pricing structure that provides stability even during downturns in the airline sector [86] Additional Important Insights - The emphasis on **responsible AI** and building trust in AI solutions is crucial for wider adoption among B2B customers [57][59] - The company is exploring opportunities to restructure its capital to enhance flexibility and support growth initiatives [66][68] This summary encapsulates the key insights from the PROS update, highlighting the company's strategic direction, market positioning, and financial outlook.

Core Insights - Manulife has released its 2024 Sustainability Report and Public Accountability Statement, highlighting its commitment to sustainability and long-term value creation for stakeholders [1][2] Group 1: Sustainability Initiatives - The firm aims to empower health and well-being, drive inclusive economic opportunities, and accelerate sustainability through its Impact Agenda [2] - Manulife's Chief Sustainability Officer emphasized the company's role in improving lives and communities, serving over 36 million customers globally [2] Group 2: Partnerships and Collaborations - Manulife announced a three-year partnership with Uplink to promote longevity innovation through Global Longevity Innovation challenges, with winners receiving $50,000 each [4] - A five-year collaboration with MIT AgeLab will focus on longevity-related research to enhance consumer preparedness [4] - The company partnered with the Centre for Addiction and Mental Health to fund mental health research for women, highlighting workplace health challenges [4] Group 3: Community Engagement and Education - The Smart$ense Financial Literacy for Kids Campaign was launched in the U.S., inspired by a successful program in the Philippines, winning an award for community investment [4] - A partnership with Mind HK aims to raise mental health awareness in Hong Kong through public events and expert discussions [4] Group 4: Responsible Innovation - Manulife released Responsible AI Principles to ensure ethical and transparent AI applications, aligning innovations with safety and sustainability standards [4] Group 5: Company Overview - Manulife Financial Corporation is a leading international financial services provider with over 37,000 employees and 109,000 agents, serving more than 36 million customers [5]

在人工智能（AI）以前所未有的速度渗透社会各个角落、重塑经济格局并深刻影响全球治理的关键时刻，斯坦福大 学以人为本人工智能研究所（Stanford Institute for Human-Centered Artificial Intelligence, HAI）发布了第八版的 《2025 年人工智能指数报告》（AI Index Report 2025）。 这不仅仅是一份年度报告，更是迄今为止最为详尽、最具雄心的一份 AI 全景图。自 2017 年作为"人工智能百年研 究"（One Hundred Year Study of Artificial Intelligence）项目的一个分支启动以来，AI 指数报告始终秉持着一项核心 使命：为政策制定者、新闻记者、企业领袖、研究学者乃至普罗大众提供独立、严谨、经过全面验证且源自全球的 AI 数据。其目标在于赋能所有利益相关者，使其能够在 AI 的开发、部署和治理方面做出更为明智、更具前瞻性的 决策。在这个 AI 话题从企业董事会延伸至家庭餐桌的时代，这项使命的重要性达到了前所未有的高度。 关键趋势与发现：多维度透视 AI 的演进图景 本年度的 AI 指数报告通过八 ...