[Music] If I was standing at this stage 200 years ago, about 90% of you would either be living on a farm or working in agriculture. We fast forward to today, that's just about 1% of you are involved in agriculture. This has represented a massive loss in human intelligence on the farm.It's not that the farmers were smarter in the 1800s. It's just there was a lot more of them seeing and doing. They were handw weeding ag like largescale production crops and being able to focus their attention to weedier parts ...

Core Technology & Solution - The company transforms video into actionable operational insights by leveraging camera feeds and point-of-sales data, offering over 100 pre-built templates [1] - The company provides solutions to make any camera smarter, utilizing edge devices manufactured by Supermicro, which bring data center server power to retail locations and warehouses with AI acceleration [2] - The company emphasizes the use of physical AI or multimodal AI, specifically computer vision, to address retail challenges and improve insights by combining video data with point-of-sales information [3] Retail Applications & Benefits - In drive-through scenarios, the company's solution analyzes video to track customer journeys, identify bottlenecks, and integrate point-of-sales data to understand wait times in the context of order size [4][5] - The company's technology enhances order accuracy in the food sector by comparing video data with order details before fulfillment [5] - The company's solution aids in loss prevention by using vision context to verify rebates and fund transactions, reducing exceptions [5][6] Edge Computing & Deployment - The company offers readily available solutions that can be deployed through system integrators, emphasizing edge processing for computer vision use cases due to compliance (GDPR, California regulations) and bandwidth concerns [7][8] - Retailers seek complete solutions that offer a return on investment (ROI) and a favorable total cost of ownership (TCO) when investing in technologies like this [9] Future Trends & Flexibility - The company highlights the importance of flexible platforms for physical and multimodal AI that enable experimentation and efficiency improvements through low-code approaches [10]

AI & Retail Industry Focus - AI agents are the next level of AI, bringing outcomes to retail environments, where operational efficiency is key due to slim margins and budgets [2] - Retailers need to implement AI but often don't know where to start; solutions like Wobot offer easy accessibility [3][4] - The industry emphasizes speed of service and frictionless online-to-offline experiences, making checkout experience optimization a high-ROI starting point [6] Wobot's Solution & Technology - Wobot's video agents on the edge minimize bandwidth throughput while leveraging existing infrastructure to deliver outcomes in retail [3] - Wobot offers 100 automated out-of-the-box use cases, turning existing infrastructure into business intelligence insights [5][6] - Wobot enables integration with other systems, correlating visual data with transactional data for multimodal analysis [7][8] - Wobot combines data sets like QoS transaction level data to understand customer behavior and its impact on sales [8] - Wobot provides trend-level and predictive analytics, enabling retailers to make informed decisions [9] - Wobot's AI allows a human-centric view, freeing humans from base-level tasks to focus on high-impact work [9]

Hello, I'm Aaron Behman, Global Lead for Retail and E-commerce at AMD, part of the Server Business Unit. I'm here in Paris at NRF Europe, and I'm joined by Marc Del Vecchio, who heads up business development for edge and computer vision at Supermicro. Marc, great to see you, man.How are you. Yeah, thanks for having us out here. I really appreciate it.Absolutely. So maybe share with me some of the big trends that you're seeing here at NRF or just in general. Sure, absolutely.Well, you know, AI has been the b ...

Automotive Technology & Innovation - Computer vision technology in cars is revolutionizing the automotive world, driven by unconventional approaches [1] - The proliferation of computer vision technology is saving lives through safer, smarter driving [1] Leadership & Strategy - Retaining Elon Musk as Tesla CEO is vital for guiding the company through a transformative new era [2] - Tesla needs to continue executing on its bold, life-changing vision [2]

Core Insights - Roadzen Inc. has signed contracts with six leading SME commercial trucking fleets in India to deploy its DrivebuddyAI platform, which includes advanced Driver Monitoring System (DMS) and Collision Warning AI across over 1,500 vehicles [1][3] Company Developments - The contracts are for five years and include full hardware installation and a monthly per-vehicle licensing fee, with total contract value expected to be in the mid-seven figures (USD) over the five-year period [3] - All fleets are expected to be fully operational with DrivebuddyAI by March 2026, enhancing safety and compliance for third-party logistics providers serving major e-commerce players [2][3] Technology and Innovation - DrivebuddyAI utilizes real-time AI to monitor driver alertness, detect risky behavior, and provide early collision warnings, integrating seamlessly with existing telematics and fleet management systems [4] - The platform is connected to a 24×7 Command Centre for proactive driver monitoring and real-time intervention, which can halt vehicles when signs of drowsiness or fatigue are detected [3][4] Market Position and Recognition - DrivebuddyAI has gained momentum in the SME fleet market, demonstrating the scalability of Roadzen's technology and its commitment to improving safety in India's trucking ecosystem, where over 75% of commercial vehicles are owned by small and mid-sized operators [4] - The platform was recognized for its performance at InCabin Europe 2025, having recorded over 3.5 billion kilometers of real-world driving and a reduction of over 70% in accidents [5] Regulatory Compliance - DrivebuddyAI is the only AI-based driver monitoring solution validated under both India's AIS-184 and the EU's GSR 2144 safety standards, highlighting its regulatory readiness for global markets [5]

Core Insights - Apple is in advanced discussions to acquire technology and key employees from computer vision firm Prompt AI, focusing on transferring Prompt's engineering team and software assets rather than a full acquisition [1][5] - Prompt's leadership informed staff about the transaction during an all-hands meeting, advising them to keep the situation confidential while seeking other roles [2] - Investors will receive some payment from the transaction but will not be fully compensated [3] Company Overview - Prompt AI was founded in 2023 and secured $5 million in a seed funding round led by AIX and Abstract Ventures [3] - The company is co-founded by Tete Xiao, CEO, and Trevor Darrell, president, both with strong academic backgrounds in computer science and artificial intelligence [4] - Prompt's primary product, Seemour, connects to home security cameras and adds computer vision features, but the business model has failed, leading to plans to retire the product [4][5] Industry Context - The discussions reflect a trend where large tech firms acquire small AI teams and assets to enhance existing products, with such transactions generally being smaller than recent high-profile deals in the sector [6]

Core Insights - Apple is in late-stage negotiations to acquire talent and technology from computer vision startup Prompt AI, indicating a strategic move to enhance its AI capabilities [1][7][10] Company Overview - Prompt AI, founded in 2023, raised $5 million in a seed round led by AIX and Abstract Ventures, with notable co-founders including CEO Tete Xiao and President Trevor Darrell [3] - The company has a flagship app, Seemour, which enhances home security camera functionalities by detecting specific individuals and objects, but is retiring the app due to business model challenges [5][6] Acquisition Details - Prompt's leadership informed employees about the acquisition, stating that those not joining Apple would receive reduced salaries and be encouraged to apply for other roles [2][4] - The acquisition is part of a trend where tech giants are acquiring AI talent to bolster their research and development while navigating regulatory concerns [7] Financial Context - Investors in Prompt will receive some compensation from the deal but will not be fully reimbursed [4] - Apple's acquisition strategy has historically focused on smaller teams rather than large purchases, with its largest acquisition being Beats Electronics for $3 billion in 2014 [8] Market Position - Analysts suggest that Apple's slower progress in AI may be linked to its reluctance to make significant acquisitions, as evidenced by its stock performance, which is down 2% this year [9] - Despite challenges, Apple has achieved technical success in computer vision, particularly with its Vision Pro mixed reality headset [10]

Financial Data and Key Metrics Changes - The company achieved a 24% growth in group revenue, reaching a record high adjusted EBITDA margin of 29% in Q2 [5][27] - Full year guidance has been raised to $645 million in revenue and $135 million in adjusted EBITDA, reflecting continued momentum in the underlying business [5][27] Business Line Data and Key Metrics Changes - Betting revenue increased by 30% year-on-year to $88 million, driven by price increases from contract renewals and expansion of value-added services like BetVision [22][23] - Media revenue returned to growth, increasing by 4% year-on-year to $19 million, with expectations for stronger growth in the second half of the year [23][25] - Sports tech revenue grew by 22% year-on-year to $13 million, as leagues and federations increasingly utilize Genius IQ technology [25] Market Data and Key Metrics Changes - The company has secured exclusive data and streaming rights to Serie A, the top professional soccer league in Italy, enhancing its position in the European market [9][10] - The exclusive rights to the European leagues from IMG Arena have been acquired, providing access to thousands of top-tier soccer events across Europe [11][12] Company Strategy and Development Direction - The company aims to distribute its technology globally, focusing on partnerships with leagues and federations to modernize sports through AI and machine learning [7][9] - The strategy includes leveraging technology to secure rights deals at reduced costs, thereby deepening the competitive moat and paving the way for future technological advancements [13][19] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's long-term financial success, citing the certainty of fixed costs over a multi-year period and a clear path for continued EBITDA margin expansion [19][29] - The company is well-positioned for continued growth, particularly as it enters the peak sporting calendar [29] Other Important Information - A transition in the CFO position was announced, with Brian Castellani joining as the new CFO, bringing extensive experience from media organizations [20][21] - The company has maintained a disciplined approach to managing cash operating expenses, despite a one-time increase in stock-based compensation related to the NFL partnership [26] Q&A Session Summary Question: Impact of ESPN and NFL partnership on technology offerings - Management views the ESPN and NFL partnership positively, expecting it to enhance technology offerings and drive engagement through products like BetVision [32][34] Question: Revenue potential of Fanhub marketing platform - Management believes the media business could eventually exceed the size of the betting business, with strong growth expected in the coming years [36][38] Question: Financial expectations for new contracts in European leagues - Management confirmed that new contracts are expected to generate positive returns and contribute to EBITDA growth [42][44] Question: Guidance increase related to new league partnerships - The guidance increase incorporates new partnerships and underlying business momentum, with expectations for continued growth in both media and betting segments [50][56] Question: Market share increase with new partnerships - Management indicated that market share is increasing, particularly in European soccer, with plans to roll out Genius IQ technology across numerous stadiums [94][96] Question: Incremental revenue opportunities from Genius IQ - The technology offers multiple use cases, and the company is focused on strategically rolling it out to capture significant market share in European soccer [100][101]

Financial Data and Key Metrics Changes - The company achieved a 24% growth in group revenue, reaching a record high adjusted EBITDA margin of 29% in the second quarter [4][25] - Full year guidance has been raised to $645 million in revenue and $135 million in adjusted EBITDA, reflecting continued business momentum [4][25] Business Line Data and Key Metrics Changes - Betting revenue increased by 30% year-on-year to $88 million, driven by price increases from contract renewals and expansion of value-added services like BetVision [22] - Media revenue returned to growth, increasing 4% year-on-year to $19 million, with expectations for stronger growth in the second half of the year [22][27] - Sports tech revenue grew by 22% year-on-year to $13 million, as leagues utilize Genius IQ for various applications [23] Market Data and Key Metrics Changes - The company secured exclusive data and streaming rights to Serie A, enhancing its position in the European market, which is the largest in terms of annual gross gaming revenue [9][11] - The exclusive rights to the European leagues from IMG Arena were acquired, giving the company a leading position in European soccer [10][11] Company Strategy and Development Direction - The company aims to distribute its technology globally across stadiums and leagues, focusing on enhancing fan engagement and monetization opportunities [5][12] - Recent partnerships and technology deployments are expected to create a sustainable long-term model with high barriers to entry [11][12] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to maintain consistent long-term revenue growth and margin expansion, targeting at least a 30% EBITDA margin [18][27] - The evolving rights market is seen as shifting competitive dynamics in favor of the company, validating its strategic approach [12][17] Other Important Information - A transition in the CFO position was announced, with Brian Castellani joining as the new CFO, bringing extensive media experience [19][20] - The company is exploring potential M&A opportunities while maintaining a disciplined approach to cash management [82][85] Q&A Session Summary Question: Impact of ESPN and NFL tie-up on technology offerings - Management views the ESPN and NFL partnership positively, expecting it to enhance media technology offerings [30][32] Question: Revenue potential of Fanhub and marketing platform - Management believes the media business could eventually exceed the size of the betting business in the long term [34][36] Question: Financial expectations for new contracts in European leagues - Management confirmed that new contracts are expected to generate positive returns and are immediately accretive to EBITDA [39][41] Question: Guidance increase related to new league partnerships - The guidance increase incorporates both new partnerships and organic growth trends in the betting segment [53][55] Question: Market share increase with new partnerships - Management indicated that market share is increasing, particularly in European soccer, with a strong position in the market [90][94] Question: Incremental revenue opportunities from Genius IQ - The technology deployed in Genius IQ offers various use cases, which are expected to capture significant parts of the European soccer market [96]