Financial Data and Key Metrics Changes - The combined market is up 18% year to date, with as-a-service up 29% and managed services only up 1.5% [6][7] - Managed services in the Americas grew 15% year to date, while EMEA and Asia showed declines [4][7] - The BPO segment generated about $1.8 billion in ACV, down 16% year on year, with a year-to-date decline of 22% [18][19] Business Line Data and Key Metrics Changes - The ITO segment was down 2% year on year but up 5% year to date, with the Americas accounting for all growth [14] - Engineering services saw a significant increase, up nearly 60% year over year and 36% year to date [15] - The BPO segment has seen nine of the past eleven quarters with year-on-year declines, indicating a long-term decline [18][19] Market Data and Key Metrics Changes - The as-a-service market, which includes SaaS, is now over 65% of the total volume [6][7] - The Americas managed services segment was up 22% year over year, while EMEA was down 25% [31][32] - Asia-Pacific managed services generated $2.5 billion of ACV, down 26% versus 2024 [33] Company Strategy and Development Direction - The company is focusing on cloud-first platforms and AI-driven solutions, indicating a shift towards automation and local hiring due to new visa policies [5][10] - There is a notable shift towards technology-led solutions in BPO, blurring lines with ITO services [20] - The company anticipates a continued evolution in pricing models, particularly with the introduction of autonomous level pricing [27][30] Management's Comments on Operating Environment and Future Outlook - Management noted that the macroeconomic environment remains uncertain, particularly in EMEA, but sees pockets of growth in the Americas [31][32] - The company expects continued strong demand for SaaS and hyperscalers, raising the forecast for as-a-service growth to 25% [58] - There is a recognition of the pressure on consumers and sectors like retail and automotive, which may impact discretionary spending [61][64] Other Important Information - The introduction of a $100,000 visa fee for H-1B visas is reshaping labor delivery strategies, leading to increased costs and complexity [5][10] - The engineering services segment is seeing larger deal sizes, with a 26% increase in average contract value year to date [16] Q&A Session Summary Question: What is the demand outlook for tariff-hit sectors like retail and autos? - Management indicated that while retail is under pressure, there are mixed signals regarding discretionary spending, particularly in cost optimization areas [61][62] Question: Will the increase in as-a-service outlook to 25% help revive demand for system integrators around SaaS implementation? - Management believes that the SaaS market is driving up demand for system integrators, particularly as organizations rationalize their infrastructure to be AI-ready [60] Question: Are there delays in decision-making due to the H-1B visa fee hike? - Management noted that while there was initial concern, clarity from the administration helped calm markets, and clients have not significantly slowed down [65]

Key Takeaways Credo acquires Hyperlume to expand its next-gen connectivity portfolio with microLED technology.Hyperlume's microLED tech delivers fast, energy-efficient chip-to-chip communication.Credo projects optical revenues to double again in fiscal 2026. Credo Technology Group Holding Ltd. (CRDO) recently acquired Hyperlume, Inc., a privately held developer of miniature light-emitting diode (microLED) technology-based optical interconnects for chip-to-chip communication. With this buyout, CRDO expects t ...

Core Insights - Teradata Corporation (NYSE: TDC) is transitioning from traditional on-premises business to a cloud-based platform powered by AI and machine learning [1] Company Overview - Teradata is an enterprise analytics and data platform provider [1] - The company is focusing on hybrid platforms as part of its transition strategy [1]

AI Infrastructure Investment & Strategy - Microsoft is discussing the tech industry's massive AI infrastructure buildout and whether the hundreds of billions of investment are excessive [1] - Microsoft is evaluating its OpenAI investment, considering the value of scaling pre-training [1] - The discussion includes Microsoft's strategic AI infrastructure decisions and balancing AI training with infrastructure [1] Financial & Economic Considerations - The podcast addresses Silicon Valley's growing debt problem [1] - The conversation covers the consequences of debt management in the tech industry [1] - ROI (Return on Investment) on investments in AI and infrastructure is analyzed [1] - The economic impact of data centers on communities is explored [1] Technology & Competition - The longevity of the GPU (Graphics Processing Unit), custom silicon, and competition with NVIDIA are discussed [1] - The future of custom silicon in AI is examined [1] - Global competition in data center development is navigated [1]

Financial Data and Key Metrics Changes - Fiscal year 2025 revenue was approximately $10.5 million, a 20% increase from fiscal year 2024 revenue of approximately $8.8 million, primarily driven by an increase in SpatialCore revenues [14] - Q4 fiscal year 2025 revenue was approximately $3.5 million, a 105% increase compared to Q4 fiscal year 2024 revenue of approximately $1.7 million, and a 150% increase compared to Q3 fiscal year 2025 revenue of approximately $1.4 million [15] - Gross margin for fiscal year 2025 was approximately 67.5%, consistent with 67% for fiscal year 2024, and is expected to remain in the 65% to 75% range [15][16] - The company achieved annual cash flow neutrality for the first time in its history, with a net operating cash loss of approximately negative $0.27 million for fiscal year 2025, compared to negative $5.2 million for fiscal year 2024 [16] Business Line Data and Key Metrics Changes - Brightline Interactive (BLI) is identified as the main growth engine, focusing on advanced spatial computing and AI-driven operational simulation middleware software [5] - BLI secured a $4+ million initial contract for a unified synthetic training ecosystem for a major Department of Defense entity, along with a $2+ million SpatialCore contract with another Department of Defense entity [6][10] - BLI delivered an advanced immersive simulation to the U.S. Navy, enhancing military training capabilities [8] Market Data and Key Metrics Changes - The company has established significant relationships with major customers across various industries, including the Department of Defense and big data-driven enterprises [5] - There is a robust pipeline of new potential customers in sectors such as oil and gas, aviation, and technology [10] Company Strategy and Development Direction - The company plans to spin out Brightline Interactive to maximize shareholder value and enhance its growth potential as an independent entity [12] - The strategy aims to allow Glimpse shareholders to receive shares in the spun-out BLI public entity while maintaining their holdings in Glimpse [13] - The focus will remain on existing businesses while pursuing aggressive growth strategies in the coming months [17] Management's Comments on Operating Environment and Future Outlook - Management acknowledges that while significant strides have been made, the current valuation does not reflect the true value of Brightline Interactive [11] - The company expects fiscal year 2026 revenue to exceed fiscal year 2025 revenue, although quarterly revenue may be choppy due to the nature of government contracts [15][16] - Management is optimistic about the future, emphasizing the immense opportunities ahead [17] Other Important Information - The company filed seven new patents focused on integrating AI with immersive technologies during fiscal year 2025 [4] - The company maintains a clean capital structure with no debt, convertible debt, or preferred equity [16] Q&A Session Summary Question: What are the primary opportunities for BLI? - Management indicated that BLI's opportunities are primarily in defense, but there are also potential overlaps with education and healthcare [19][20] Question: What is the expected timeframe for the spin-off of BLI? - Management expects to initiate the spin-off process in the coming weeks, with completion anticipated early in 2026 [23][30] Question: Will there be a name change for Brightline Interactive post-spin-off? - Management does not expect any name changes, as Brightline Interactive has a strong brand presence [25] Question: How does the company plan to integrate AI solutions into healthcare and education? - Management plans to partner with industry specialists to integrate their know-how with the company's AI solutions for broader market offerings [28][29] Question: What are the cash needs for the company moving forward? - Management expects to operate fully with the current cash reserves without additional cash needs [32]

Shares of Alibaba, the top performer among Chinese tech names in Hong Kong this month, rallied as analysts touted improving growth prospects for the company’s cloud and AI businesses https://t.co/c7DBuJis4K ...

A lot of focus at the moment on the neo cloud and scale kind of fits into that. What are the details from this story. We know a lot more than what you said.This is 1.1% billion. They've described it as one of the large actually, they said it's the largest series B round in Europe. You know, it's really fascinating to see the scale, though.We have some in our in our story in the Bloomberg today, but this might be just the amount of money they need to purchase just one of their data centers they have had plan ...

Group 1 - The article discusses the importance of enabling Javascript and cookies in browsers to prevent access issues [1] - It highlights that users with ad-blockers may face restrictions when trying to access content [1]

Core Insights - Unisys will host a conference call on October 9, 2025, at 2 p.m. EDT to discuss its ClearPath Forward ecosystem and strategies to enhance value for its Enterprise Computing Solutions clients [1][2]. Group 1: Event Details - The conference call will be led by Chris Arrasmith, COO, and Sean Tinney, SVP and GM of Enterprise Computing Solutions, with participation from Mike Thomson, CEO and President [2]. - Investors can submit questions in advance via email and join the call through a dedicated phone line or webcast [3]. Group 2: Access and Replay Information - A live webcast and presentation materials will be available on the Unisys Investor Relations website [3]. - A replay of the webcast will be accessible shortly after the event, with a telephone replay available until October 23, 2025 [4]. Group 3: Company Overview - Unisys is a global technology solutions company that provides cloud, AI, digital workplace, applications, and enterprise computing solutions to help clients unlock their potential [5].

Core Insights - Capgemini has announced the availability of a bond prospectus for a new bond issuance, which has been approved by the French financial authority (AMF) [4][6]. Group 1: Company Overview - Capgemini is a global business and technology transformation partner with a workforce of 350,000 employees across more than 50 countries [5]. - The company reported global revenues of €22.1 billion for the year 2024 [5]. Group 2: Bond Issuance Details - The bond issuance includes several tranches: - €1 billion notes with a maturity of 2 years and a floating rate of 3-month Euribor plus 0.30% (2027 Bonds) [7]. - €500 million notes with a maturity of 3 years and a coupon of 2.50% (2028 Bonds) [7]. - €1.25 billion notes with a maturity of 6 years and a coupon of 3.125% (2031 Bonds) [7]. - €1.25 billion notes with a maturity of 9 years and a coupon of 3.50% (2034 Bonds) [7].