Core Insights - Agora, Inc. reported a total revenue of $35.4 million for Q3 2025, representing a year-over-year growth of 12% [2] - The company provided guidance for Q4 revenue in the range of $37 million to $38 million, indicating a year-over-year growth of 7.2% to 10.1% [2] - The net profit for Q3 2025 was $2.74 million, with a net profit margin of 7.8%, marking the fourth consecutive quarter of GAAP profitability [2] Financial Performance - Total revenue for Q3 2025 was $35.4 million, a 12% increase compared to the previous year [2] - The net profit for the same quarter was $2.74 million, approximately 20 million RMB, achieving a net profit margin of 7.8% [2] - The company has achieved GAAP profitability for four consecutive quarters, driven by double-digit revenue growth and improved profit margins [2] Investment in Conversational AI - Agora is significantly increasing its investment in the conversational AI sector, launching the Conversational AI Engine 2.0 and Conversational AI Studio [3][5] - The new products aim to assist developers in creating highly interactive voice dialogue agents, with positive early feedback from global customers [3] - The Conversational AI product suite includes a full-stack development kit, covering all aspects from model selection to deployment [5] Product Development and Features - The Conversational AI Engine 2.0 has been optimized with features such as "elegant interruption" to filter out non-semantic words and custom text [9] - The Conversational AI Studio provides a visual orchestration platform for developers, enabling them to create custom agents without coding knowledge [10] - The AI model evaluation platform supports decision-making for model selection across various dimensions, covering 89 models and 10 languages [10] Market Expansion and Future Outlook - Agora's annual service minutes have surpassed 1 trillion, indicating a new phase of large-scale application in real-time interaction [11] - The integration of AI with real-time interaction is expected to lead to significant market opportunities in emotional companionship, smart hardware, and online education [13] - The company aims to reshape communication boundaries through the fusion of real-time engagement (RTE) and conversational AI, promoting a more intelligent and ubiquitous interaction era [16]

Core Insights - Agora's founder Zhao Bin announced at the Convo AI & RTE 2025 conference that the annual service minutes have surpassed one trillion, establishing Real-Time Engagement (RTE) technology as a key infrastructure [1] - The integration of RTE with conversational AI marks a significant shift in the industry from "connection" to "dialogue" [1] Group 1: RTE Technology Development - RTE has matured significantly, with video HD ratio increasing over tenfold in the past two years, and over 80% of overseas market traffic being above 720p resolution [3] - The service volume of one trillion minutes reflects comprehensive improvements in technical infrastructure, although user satisfaction remains low at only 21% when interacting with AI [3] Group 2: Conversational AI as a Solution - Breakthroughs in multimodal large language models enable RTE to transition from "normal conversation" to "emotionally rich dialogue" [5] - Market demand is surging, with 67% of enterprises placing voice AI at the strategic core and 84% planning to increase investment; Agora's conversational AI usage grew by 151% quarter-over-quarter [5] Group 3: Global Opportunities and Strategies - AI globalization has shifted from an option to a necessity, with "trust" being a core barrier beyond technology [7] - Successful globalization requires a combination of "global narrative of technological value" and "localized expression of emotional value," exemplified by WaveSpeedAI's strategy [7] Group 4: Industry Direction and Tools - Microsoft's Wei Qing emphasizes that great technology should be "invisible," and Agora's white paper and AI Engine 2.0 tools aim to lower development barriers for practical applications [9] - The application of technologies like RAG enhances the authenticity and traceability of AI responses, facilitating RTE+AI integration in specialized fields like healthcare [9] Group 5: Future of Interaction - The fusion of RTE and conversational AI is reshaping interaction boundaries, with a foundation of one trillion minutes and a multi-billion AI market indicating the arrival of a smarter, more natural real-time interaction era [11]

深度聚焦RTE+AI，推动场景创新与体验升级。 本文为IPO早知道原创 作者｜Stone Jin 微信公众号｜ipozaozhidao 据IPO早知道消息，声网母公司Agora, Inc. ( NASDAQ: API )于11月26日发布了2024年第三季度 财报。 财报显示， 第三季度 Agora, Inc.实现总营收3157万美元，其中，业务聚焦在中国市场的声网实现 Q3营收1.13亿人民币。聚焦非中国市场的Agora实现Q3营收1570万美元 。 在资金储备方面，财报显示截至2024年9月30日，Agora, Inc.现金、现金等价物、银行存款及理财 产品3.63亿美元。 "近期，Agora推出了 Conversational AI SDK，并与 OpenAI Realtime API 合作，让开发者能够 在任何应用程序中加入语音驱动的对话式 AI 能力。"Agora, Inc. 创始人兼 CEO 赵斌表示，"我们 相信，能以语音与人类进行自然对话的多模态 AI 将在客户服务、教育和健康等多个场景中得到广泛 应用，而我们有望成为对话式 AI 的关键基础设施。" "为了支持这一愿景，我们进行了一些组织调整 ...