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Empowering Kazakh Students: VEON’s Beeline Kazakhstan introduces AI-based Tutor powered by KazLLM
Globenewswire· 2025-06-03 11:30
Group 1 - VEON Ltd. has launched "AI Tutor," an AI-powered learning assistant aimed at enhancing the learning experience in the Kazakh language for both children and adults, marking a significant step towards digital inclusion in Kazakhstan [1][4] - AI Tutor is integrated into Beeline Kazakhstan's super-app Janymda and utilizes the KazLLM large language model, offering six gamified learning modules focused on Kazakh language learning, with plans to expand into other subjects [2][3] - The KazLLM model was developed in collaboration with the Institute of Smart Systems and Artificial Intelligence and launched in December 2024, with Janymda reaching 4.9 million monthly active users as of April 2025 [3] Group 2 - The CEO of VEON Group emphasized that augmented intelligence can revolutionize education and make learning more accessible, particularly for Kazakh speakers, through the integration of AI Tutor into a leading digital platform [4] - QazCode's CEO highlighted that AI Tutor personalizes the learning experience for users, making Kazakh language and culture more accessible, and represents a significant advancement in addressing real human needs through technology [5] - QazCode, a major software development company in Kazakhstan, has developed various AI products, including the Kaz-RoBERTA conversational model, and collaborates with international institutions to enhance its capabilities in developing language models for low-resource languages [5][7] Group 3 - Beeline Kazakhstan serves 11 million mobile customers and 2 million fixed internet customers, having developed a digital ecosystem of 60 products since 2018 [6] - QazCode employs 750 people and specializes in creating private large language models, data security, and IT outsourcing services [7] - VEON operates across six countries, providing digital services to nearly 160 million customers, and is listed on NASDAQ [8]
TransUnion(TRU) - 2025 FY - Earnings Call Transcript
2025-05-28 14:00
TransUnion (TRU) FY 2025 Conference May 28, 2025 09:00 AM ET Speaker0 Hi. Good morning, everyone. Thank you for coming to our forty first Strategic Decisions Conference. With me on stage today, we have Chris Cartwright, who is the CEO of TransUnion. Welcome back, Chris. Thanks for joining us again. Speaker1 Always a pleasure. Thank you. Good to see lots of familiar faces this morning. Speaker0 I thought given the current environment, it's probably only appropriate to start with macro conversations. So, Chri ...
AgriFORCE Growing Systems Ltd. to Participate in Exclusive BitGo-Hosted Events at Bitcoin 2025; CEO Jolie Kahn Recognized as One of the Only Female Public Company Leaders in Bitcoin Mining
Globenewswire· 2025-05-27 16:05
Core Insights - AgriFORCE Growing Systems Ltd. is participating in Bitcoin 2025, the largest Bitcoin conference, highlighting its commitment to innovation and sustainability in the digital infrastructure sector [1][2][3] Company Participation - CEO Jolie Kahn will attend four exclusive events hosted by BitGo, emphasizing her influence as one of the few female CEOs in the Bitcoin mining industry [2][3] - AgriFORCE's presence at Bitcoin 2025 aligns with the recent launch of its TerraHash Digital division, which focuses on energy-efficient Bitcoin mining campuses [3][4] Strategic Goals - The company aims to lead in building sustainable and inclusive infrastructure for Bitcoin mining, contributing to both decentralized computing and clean energy reuse [3][4] - AgriFORCE's TerraHash Digital division is designed to support sustainable food production alongside Bitcoin mining operations [4] Event Details - The events include the BitGo High Roller Summit, a networking experience for top-tier institutions, and the 2025 Women of Bitcoin Brunch, celebrating women's contributions in the Bitcoin industry [6]
SKYX to Be Added to Russell 2000® and Russell 3000® Indexes
Globenewswire· 2025-05-27 14:39
MIAMI, May 27, 2025 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) (“SKYX” or the “Company”), a highly disruptive smart home platform technology company with over 97 issued and pending patents globally and a growing portfolio of over 60 lighting and home décor websites, with a mission to make homes and buildings become smart, safe, and advanced as the new standard, today announced that it is set to be added to the Russell 2000® and the broad-market Russell 3000® Index following the 2025 annual reco ...
Nexxen Announced as a Preliminary Addition to the Russell 3000 Index
Globenewswire· 2025-05-27 11:30
NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (NASDAQ: NEXN) ("Nexxen" or the "Company"), a global, flexible advertising technology platform with deep expertise in data and advanced TV, today announced that it has been named a preliminary addition to the Russell 3000 Index, following the release of FTSE Russell's list of 2025 index additions. Final inclusion is expected to take effect after the U.S. market opens on June 30, 2025, as part of the Russell indexes' annual reconstitution, ...
Target slashes outlook after tariffs, DEI boycotts slam sales: ‘We're not satisfied with these results'
New York Post· 2025-05-21 15:00
Target lowered its full-year sales forecast after a tough first quarter marked by weak discretionary spending, tariff pressures and fallout from consumer boycotts stemming from its DEI policies.The Minneapolis-based retailer now expects net sales to fall by a low single-digit percentage, abandoning earlier hopes for a modest increase, the company said in in its earnings report Wednesday.Comparable sales dropped 3.8% in the quarter ended May 3, exceeding Wall Street’s expectations for a decline and stoking d ...
Gilat Satellite Networks .(GILT) - 2025 Q1 - Earnings Call Transcript
2025-05-19 14:00
Financial Data and Key Metrics Changes - Q1 2025 revenues reached $92 million, a 21% increase year over year from $76.1 million in Q1 2024 [7][26] - Adjusted EBITDA for Q1 2025 was $7.6 million, with an organic adjusted EBITDA of $11.2 million, representing a 20% year over year increase [7][31] - GAAP net loss in Q1 2025 was $6 million, or a loss per share of $0.10, compared to a net income of $5 million, or $0.09 per share in Q1 2024 [30] Business Line Data and Key Metrics Changes - Commercial segment revenues in Q1 2025 were $64.2 million, a 56% increase from $41.2 million in Q1 2024, primarily due to the acquisition of Stellar Blue [26] - Defense segment revenues increased by 34% to $23 million in Q1 2025 from $17.2 million in Q1 2024, driven by high deliveries to U.S. and Asia defense customers [27] - Peru segment revenues decreased to $4.8 million in Q1 2025 from $17.7 million in Q1 2024, attributed to delays in project renewals and slower progress on existing projects [27][28] Market Data and Key Metrics Changes - Demand for Gilat Defense solutions is increasing, particularly in North America, Europe, and Asia Pacific, with a notable rise in European defense budgets [12][11] - The company secured multiple contracts in Q1 2025, including over $5 million for U.S. DoD connectivity and $23 million for satellite transportable terminals [13][14] Company Strategy and Development Direction - The company is focusing on its newly aligned organizational structure, emphasizing growth in defense, VHTS, and NGSO constellations, as well as in-flight connectivity [6][10] - Gilat plans to increase investment in R&D and sales for its defense segment in 2025, launching several new products to enhance its market position [15][19] - The company aims to leverage its diverse product portfolio to support the growing demand for mission-critical defense connectivity and satellite communications [22][23] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the challenges posed by global economic uncertainty and shifting trade policies but expressed confidence in the company's proactive adjustments to sourcing and production [9][10] - The company reiterated its 2025 revenue guidance of $415 million to $455 million, representing a year-over-year growth of 42% at the midpoint [33] Other Important Information - The acquisition of Stellar Blue was completed on January 6, 2025, contributing approximately $25 million to Q1 revenues but also incurring an adjusted EBITDA loss of $3.6 million [7][26] - The company secured a $100 million credit line to finance the acquisition, utilizing $60 million for this purpose [32] Q&A Session Summary Question: Is the defense business expected to benefit from increases in European defense spending? - Management indicated that there is significant traction from increased European defense budgets, with expectations for decent business growth in the mid-term [37] Question: What milestones need to be achieved for the Boeing line fit program? - Management stated that adaptations to the terminal are ongoing, with certification expected within the next two to three quarters [38] Question: How should revenue linearity in Peru be viewed over the next few quarters? - Management expects a revenue run rate of $45 million to $50 million for Peru, with significant revenue anticipated in Q2 and Q3 due to project renewals and hardware deliveries [39][40] Question: How is the integration of Stellar Blue progressing? - Management reported good progress, with strong market acceptance and feedback, and expects to meet revenue goals for Stellar Blue [46][49] Question: What is the anticipated production rate for Sidewinder by the end of the year? - Management expects to reach a production rate of about 100 units per month by the end of the year [56] Question: What is the impact of tariffs on the business? - Management noted that the effect of tariffs is currently not significant, as proactive sourcing adjustments have been made [101][102]
Verizon ends DEI programs, diversity goals as it seeks approval for Frontier acquisition
Fox Business· 2025-05-16 17:01
Verizon Communications on Friday said that it's ending its diversity, equity and inclusion (DEI) programs amid a probe by the Trump administration into those practices, as the telecom giant seeks federal approval for an acquisition. Federal Communications Commission (FCC) Chair Brendan Carr criticized Verizon in February for its promotion of DEI programs, saying it could factor into the review of Verizon's planned acquisition of Frontier Communications for $20 billion, including debt. Verizon said in a lett ...
VCI Global’s Fintech Arm Advances Toward Full Digital Lending Rollout with Regulatory Approval, Targeting Two-Minute Loan Disbursements
Globenewswire· 2025-05-15 12:33
License from KPKT Empowers Credilab to Deliver AI-Powered Microloans and SME Financing Nationwide – Paperless, Instant, and BranchlessKUALA LUMPUR, Malaysia, May 15, 2025 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global”) today announced that its fintech subsidiary, Credilab Sdn Bhd (“Credilab” or the “Company”) has secured a conditional approval for a digital moneylending license from Malaysia’s Ministry of Local Government Development (“KPKT”). This regulatory green light marks a signifi ...
ConocoPhillips(COP) - 2025 FY - Earnings Call Transcript
2025-05-13 15:00
ConocoPhillips (COP) FY 2025 Annual General Meeting May 13, 2025 10:00 AM ET Speaker0 Good morning, ladies and gentlemen. I'm Ryan Lance, Chairman and CEO of ConocoPhillips. It's my pleasure to welcome you to the ConocoPhillips' twenty twenty five Annual Meeting of Stockholders. Please remember that you may vote your shares online at any time during this meeting prior to the closing of the polls, and you could submit questions through the text box located on your screen. In addition to myself, all the membe ...