Hello everyone. Uh, good evening. Thank you so much for having me.Um, this is my third talk today. My name is Nuril Hassan. I'm the founder and CEO of Arabic.ai. Um, I've I'm Jordanian. I've been in the language business for over 16 years now.I started originally a translation business out of Jordan and then relocated and have now 11 offices across the region. When I started, I remember uh my company, I tapped into women that are working from home, that are highly educated and did not have an opportunity to ...

Core Insights - Tencent's Hunyuan-MT-7B model has been open-sourced after winning the international translation competition, showcasing its capabilities in translating 33 languages and understanding internet slang and gaming terminology [1][3]. Group 1: Model Performance and Features - Hunyuan-MT-7B achieved first place in the WMT2025 competition for 30 languages, outperforming larger models under strict parameter size and open-source training data requirements [3]. - The model demonstrated superior performance on the Flores200 translation evaluation dataset, leading among models of similar size and comparable to larger models [6]. - An integrated translation model, Hunyuan-MT-Chimera-7B, has also been released, which enhances translation quality by combining outputs from multiple models [6]. Group 2: Strategic Implications - The open-sourcing of Hunyuan-MT-7B indicates a strategic shift in Tencent's translation business, moving from the discontinued "Tencent Translator" to a focus on large model ecosystems [7]. - The closure of "Tencent Translator," which had previously handled 200 million translation requests daily, reflects a transition rather than a contraction of services, integrating core functionalities into the "Tencent Yuanbao" intelligent platform [7]. - Competitors in the industry, such as NetEase Youdao and iFlytek, have also launched their own large translation models, indicating a growing trend towards advanced AI translation solutions [7].

Financial Data and Key Metrics Changes - Revenue for Q1 2025 was $392 million, up 61% year over year, marking the third consecutive quarter of growth over 60% [8][19][30] - Adjusted EBITDA reached $115 million, with a margin of 29%, up over 2,500 basis points year over year [32][34] - GAAP net income was $26 million, or $0.14 per basic share and $0.13 per diluted share [41][42] - Operating cash flow exceeded $100 million for the first quarter, ending at $128 million, the highest ever [34][40] Business Line Data and Key Metrics Changes - Advertising revenue grew 61% year over year to $359 million, driven by broad-based strength across objectives, channels, verticals, and geographies [20][30] - Other revenue, including data licensing, reached $34 million, growing 66% year over year [34] - The total number of active advertisers grew over 50% year over year in Q1 [22] Market Data and Key Metrics Changes - U.S. ad revenue grew 56% year over year, while international ad revenue grew 83% year over year, the fastest growth rate in three years [23][35] - Unique weekly users reached 401 million, and daily users reached 108 million, both up 31% year over year [8][19] Company Strategy and Development Direction - The company aims to enhance its core product and advertising business while focusing on international growth and improving user experience [12][14][19] - The strategy includes becoming a truly global platform with machine translation available in 13 languages and focusing on community-driven content [14][16] - The company is committed to maintaining its unique community model and improving user engagement through product enhancements [17][18] Management's Comments on Operating Environment and Future Outlook - Management acknowledged the uncertainty in the macro environment but expressed confidence in the company's ability to deliver profitable outcomes for customers [50][51] - The company expects revenue in Q2 2025 to be in the range of $410 million to $430 million, representing 46% to 53% year-over-year growth [41][42] - Management emphasized that Reddit's unique value proposition lies in authentic human answers, which the company is focused on preserving [43][44] Other Important Information - The company is investing in hiring and technology, particularly in sales and engineering, to support growth [37][38] - The company has over $1 billion in cash, allowing for potential future investments [92] Q&A Session Summary Question: What is the current state of the advertising market and its impact on the business? - Management noted that while there is uncertainty in the market, they are well-positioned with their roadmap and are delivering profitable outcomes for customers [50][51] Question: How is user growth expected to trend for the remainder of the year? - Management reported that daily active users were growing in the high teens year over year and emphasized that short-term bumps do not affect long-term strategy [55] Question: Can you discuss the drivers of pricing and how it compares to other platforms? - Management indicated that pricing is an outcome of supply and demand, and they are competitive in delivering market outcomes for advertisers [63][64] Question: What is the status of the Answers feature and its integration into Reddit? - Management shared that Answers has reached 1 million weekly users and is being integrated into the core search experience [66][68] Question: How are contribution rates trending with user growth? - Management highlighted efforts to improve contribution success rates for new users, which enhances the overall user experience [75] Question: How does Google treat machine-translated content? - Management confirmed that Google supports their use of machine translation, which helps increase user-generated content in more languages [86][87] Question: Why not invest more given strong revenue growth? - Management stated that they aim for revenue growth to be twice as fast as cost growth and are focused on sustainable investments [88][92]