DDN is bringing to bear some really powerful experiences, products and engineering to bear with deep deep expertise. We are able to bring the best of high performance computing and workloads that we need to process in the cloud as well as onrem. I believe that DDN is at a juncture now where we can add huge value in processing any kind of AI workload.Why. Because we are AI data platform ready. We're ready to go and connect the two whether you're onrem, hybrid or purely in the cloud.We're working with hypersc ...

[Music] Welcome everyone. I'm going to talk about practical tactics to build uh reliable AI applications and why nobody does it this way yet. Uh a little bit about myself or why you should trust me.Uh I have allowed 15 years as a startup co-founder and CTO. Uh I held executive positions for the last five years at uh several enterprises. uh but most importantly I spent last couple of years developing a lot of gen projects ranging from PC's to uh many production level uh solutions and helped some companies to ...

[Music] welcome. Thank you for joining my session this morning. I was thinking that I was in some kind of niche space where people would not be interested, but I'm curious to hear, you know, what brought you to to this session.Anyway, I'm I'm Jesus Barasa. I'm the I'm the field CTO for AI with NEOJ and uh and yeah, for the next like uh 14ish minutes, I'm going to be diving a bit deeper into this uh really powerful combination which is knowledge graphs and uh and large language models to build AI application ...

AI Training Gap - 55% of IT decision makers surveyed in AI application companies report a lack of AI training initiatives [1] - The industry needs to train individuals to become prompt engineers to effectively leverage AI [1] AI Integration Challenges - Individuals need training and systems to integrate AI tools effectively [2] - Individuals are still getting used to integrating AI tools into their normal day [2]

Langsmith Platform Overview - Langsmith is an observability and evaluation platform for AI applications, focusing on tracing application behavior [1] - The platform uses tracing projects to collect logs associated with applications, with each project corresponding to an application [2] - Langsmith is framework agnostic, designed to monitor AI applications regardless of the underlying build [5] Tracing and Monitoring AI Applications - Tracing is enabled by importing environment variables, including Langmouth tracing, Langmith endpoint, and API key [6] - The traceable decorator is added to functions to enable tracing within the application [8] - Langsmith provides a detailed breakdown of each step within the application, known as the run tree, showing inputs, outputs, and telemetry [12][14] - Telemetry includes token cost and latency of each step, visualized through a waterfall view to identify latency sources [14][15] Integration with Langchain and Langraph - Langchain and Langraph, Langchain's open-source libraries, work out of the box with Langsmith, simplifying tracing setup [17] - When using Langraph or Langchain, the traceable decorator is not required, streamlining the tracing process [17]

Financial Data and Key Metrics Changes - Baozun Group's total net revenues for Q1 2025 increased by 4.3% year over year to RMB 2.1 billion [15] - E-commerce revenue grew slightly by 1.4% to RMB 1.7 billion, while brand management revenue rose by 23% to RMB 387 million [15] - Blended gross margin for product sales at the group level was 32.4%, with gross profit increasing by 18.9% year over year [17] - Adjusted loss from operations was RMB 46 million for the e-commerce segment, a decline of RMB 58 million from the same period last year [18] Business Line Data and Key Metrics Changes - E-commerce product sales revenue increased by 7.3% year over year to RMB 423 million, driven by strong performance in new categories [16] - Gross margin for e-commerce product sales expanded to 15%, a 130 basis point improvement compared to 13.7% a year ago [17] - Brand management (BBM) achieved 23% year on year sales growth, with same store sales growth improving to 5% for the quarter [28] Market Data and Key Metrics Changes - The home appliance and consumer electronics categories are ramping up well due to government subsidies, while luxury and fashion categories are also catching up [42] - E-commerce platforms like JD and Tmall are heavily investing in apparel and sportswear categories, leading to increased competition [66] Company Strategy and Development Direction - The company is focused on a strategic transformation towards an innovation-led platform, emphasizing long-term value creation [13] - Plans to open three new stores in Beijing, Shanghai, and Guangzhou to capitalize on current momentum [12] - The company aims to balance scale expansion with profitability, targeting to open 50 new stores this year [50] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the ongoing transformation and operational excellence, with a focus on technology and AI applications to enhance efficiency [11] - The company is cautiously optimistic about onboarding new brands due to the current macroeconomic situation, while still seeing synergies between existing brands [61] Other Important Information - The company published its 2024 sustainability report, achieving a 36% reduction in Scope 1-2 carbon emissions compared to the base year 2021 [19] - The company received multiple awards for its content creation efforts at the Alibaba Ecosystem Conference [26] Q&A Session Summary Question: Expectations for the 6.18 campaign and platform performance - Management noted that the 6.18 campaign is the longest yet, with positive early results and strong performance in home appliance and luxury categories [39][42] Question: Updates on BBM strategy and potential acquisitions - Management clarified that the strategy for Gap includes enhancing product marketing and balancing local assortments with global products, while being cautious about acquiring new brands due to the macroeconomic situation [48][61] Question: Key drivers behind the strong performance in apparel and sports categories - Management highlighted that significant investments in marketing and product differentiation are driving growth in these categories, with expectations for continued momentum [66]

Financial Data and Key Metrics Changes - Revenue for fiscal Q3 was $164.6 million, representing a 9.7% year-over-year increase but a 4.9% sequential decline [6][21] - Non-GAAP gross margin was 22.5%, down from 24.2% in the previous quarter and 25.2% a year ago [21] - Non-GAAP EPS was a loss of $0.10, compared to a loss of $0.09 in the prior quarter and a loss of $0.04 a year ago [22] Business Segment Data and Key Metrics Changes - Computing segment revenue increased nearly 15% year-over-year and 3.6% sequentially, accounting for 47.9% of total revenue [10][12] - Consumer segment revenue decreased 9% year-over-year and 4.9% sequentially, representing 13% of total revenue [13] - Communications segment revenue was up 5.8% year-over-year but down 14.4% sequentially, making up 17.2% of total revenue [15] - Power Supply and Industrial segment revenue increased 32.4% year-over-year but declined 6.2% sequentially, accounting for 19.9% of total revenue [16] Market Data and Key Metrics Changes - The company noted robust demand for graphics and AI accelerated cards, particularly driven by a key customer scaling their next-generation platform [11] - The U.S. and Korea are expected to see growth in smartphone customers, while sales from China are anticipated to slow [15] Company Strategy and Development Direction - The company aims to transform from a component supplier to a total solutions provider, leveraging customer relationships to expand market share and increase bond content [9][19] - The focus remains on executing the strategy and delivering sustained value for stakeholders despite near-term uncertainties [19] Management's Comments on Operating Environment and Future Outlook - Management highlighted a dynamic landscape with macroeconomic, geopolitical, and trade-related uncertainties impacting visibility for the second half of 2025 [9] - The company expects low to mid-single-digit sequential revenue growth for June, driven by strength in Computing and Consumer segments [19] Other Important Information - Operating cash flow for the quarter was $7.4 million, down from $14.1 million in the prior quarter [23] - The company completed the quarter with a cash balance of $169.4 million, down from $182.6 million at the end of the last quarter [24] Q&A Session Summary Question: Can you quantify the magnitude of the pull-ins on the PC side and discuss graphics card success? - Management noted increased demand due to customers taking advantage of tariff situations, with an estimated $6 million of revenue attributed to notebook increases [29] Question: What is the tariff impact on the company? - Direct exposure to tariffs is minimal due to limited U.S. shipments, but indirect impacts on overall demand remain uncertain [32] Question: How is the margin guidance for June despite the fall-off in licensing revenue? - Margin guidance is based on a better product mix and higher factory utilization, contributing to a sequential margin rebound [34][36] Question: Can you provide an update on cash flow dynamics and CapEx for the year? - Cash flow is expected to remain stable, targeting $40 million to $50 million for the year, with CapEx for June projected at $12 million to $14 million [45] Question: What is the pricing environment and competitive landscape? - ASP erosion is tracking historical trends, with increased competition prompting the company to roll out new products to reset ASP [49]

Core Viewpoint - Silvaco Group, Inc. has announced the strategic acquisition of Tech-X Corporation to enhance its capabilities in multi-physics simulation software, which will accelerate innovation in semiconductor design and digital twin modeling through AI [1][3]. Group 1: Acquisition Details - The acquisition of Tech-X Corporation will integrate its multi-physics simulation tools with Silvaco's Victory TCAD platform, enabling customers to create more accurate digital twin models for various applications [2][3]. - Tech-X's expertise in high-performance, multi-node GPU-based computing will significantly improve simulation speed and accuracy for Silvaco's offerings [2][3]. Group 2: Strategic Implications - The CEO of Silvaco emphasized that this acquisition is a significant step in the company's growth strategy, particularly in expanding into AI applications and enhancing their technology and customer base [3]. - The addition of Professor John Cary, with over 40 years of experience in computational physics, is expected to accelerate innovation and expand Silvaco's presence in the growing photonics market [3]. Group 3: Company Background - Silvaco is a provider of TCAD, EDA software, and SIP solutions, serving various markets including semiconductor, photonics, automotive, and 5G/6G mobile [4]. - The company has a global presence with offices in North America, Europe, Brazil, China, Japan, Korea, Singapore, and Taiwan [4].

Core Viewpoint - Vicor Corporation reported a mixed financial performance for the first quarter of 2025, with revenue growth year-over-year but declines in gross margin and net income compared to the previous quarter [2][3][4]. Financial Performance - Revenues for Q1 2025 were $94.0 million, reflecting a 12.0% increase from $83.9 million in Q1 2024, but a 2.3% decrease from $96.2 million in Q4 2024 [2]. - Gross margin decreased to $44.4 million in Q1 2025 from $45.1 million in Q1 2024 and from $50.4 million in Q4 2024, with gross margin percentage dropping to 47.2% from 53.8% year-over-year and from 52.4% sequentially [3]. - Operating expenses were $44.5 million in Q1 2025, down from $61.2 million in Q1 2024 but up from $41.2 million in Q4 2024 [3]. Profitability - The net income for Q1 2025 was $2.5 million, or $0.06 per diluted share, compared to a net loss of $14.5 million or ($0.33) per diluted share in Q1 2024, and net income of $10.2 million or $0.23 per diluted share in Q4 2024 [4]. - Cash flow from operations was $20.1 million in Q1 2025, significantly up from $2.6 million in Q1 2024 and $10.1 million in Q4 2024 [5]. Backlog and Future Outlook - The backlog for Q1 2025 was $171.7 million, a 14.2% increase from $150.3 million in Q1 2024 and a 10.4% increase from $155.5 million at the end of Q4 2024 [6]. - CEO Dr. Patrizio Vinciarelli highlighted challenges in revenue and gross margin due to a licensee transitioning to new products, but noted potential for margin improvements with higher utilization of manufacturing capabilities and increased licensing income [7]. Capital Structure - As of March 31, 2025, cash and cash equivalents increased by 6.8% sequentially to approximately $296.1 million from approximately $277.3 million as of December 31, 2024 [5]. - Total assets as of March 31, 2025, were $665.0 million, up from $641.1 million at the end of 2024 [14][15].

Core Viewpoint - The Global Campus Gen-Z Leaders Exchange program has been launched to foster international dialogue and collaboration among Generation Z leaders through various activities and initiatives [1][7]. Group 1: Program Components - The program includes two main components: the Z-Leaders Online Forum and the Z-Leaders Tour, engaging over 50 university media reporters and young representatives globally [3]. - The Z-Leaders Online Forum commenced on April 9th, featuring live discussions on global issues such as climate change, emerging industries, digital cultural dissemination, and AI applications [4]. - The Z-Leaders Tour will provide participants with opportunities to visit Chinese cities, enterprises, universities, research institutions, and cultural landmarks to experience China's development firsthand [6]. Group 2: Objectives and Initiatives - The initiative aims to create a global youth communication platform that is cross-language, multi-temporal, and multi-dimensional [3]. - Plans have been announced to establish a permanent Global Youth Alliance to connect students from prestigious universities worldwide, along with a Global Youth Cloud Initiative to tackle collective challenges [7].