Company: Super Micro Computer - Super Micro Computer (SMCI) has established a strong position in the AI server market by leveraging close relationships with Nvidia and AMD, allowing for quicker access to chips and faster prototyping of customized servers [5][6] - For the trailing 12 months, Supermicro reported $21.57 billion in revenue, nearly tripling its total from two years ago, although Q3 2025 net sales dropped to $4.6 billion from $5.68 billion in Q2 [6] - The company expects a rebound in Q4 with projected net sales between $5.6 billion and $6.4 billion, attributed to delayed customer orders [6] - Operating expenses surged to $293.4 million in Q3, a 34% increase from the previous year, while gross margins decreased to 9.6% from 15.5% [7] - Supermicro's modular rack systems provide a flexible solution for enterprises needing rapid deployment of AI infrastructure, potentially opening new growth channels [8][9] Company: Duolingo - Duolingo remains the world's most popular education app, reporting a 38% year-over-year revenue increase to $230.7 million in Q1 2025, with monthly active users rising to over 130 million [10][11] - The number of paid subscribers grew by 40% year-over-year to a record 10.3 million, with 7% of users opting for the premium Max subscription, indicating a willingness to pay for enhanced value [11] - Despite strong fundamentals, Duolingo's stock has faced challenges, dropping about 33% from May highs, with daily active users declining from 56% in February to 37% in June [12] - The education technology market is projected to grow to $348 billion by 2030, with the language learning market expected to reach $125 billion by 2034, suggesting significant growth potential for Duolingo [13][14] - Duolingo's position as the leading paid language-learning app positions it well to capitalize on market growth and convert more users into paid subscribers [14] Industry Outlook - Both Supermicro and Duolingo are positioned in expanding markets, with Supermicro providing essential infrastructure for the AI boom and Duolingo capitalizing on the growing demand for language learning [15]

TABLE OF CONTENTS As filed with the Securities and Exchange Commission on July 25, 2025 No. 333- SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ZSPACE, INC. (Exact name of registrant as specified in its charter) 6770 (Primary Standard Industrial Classification Code Number) 35-2284050 (I.R.S. Employer Identification No.) zSpace, Inc. 55 Nicholson Lane San Jose, California 95134 (408) 498-4050 (Address, including zip code, and telephone number, including area code, of registrant's principal executi ...

Core Insights - D2L held its 22nd annual Fusion user conference, themed "Ignite the Joy of Learning," focusing on the transformative potential of purposeful Artificial Intelligence (AI) in education technology [1][6] Group 1: Event Overview - The Fusion 2025 conference attracted over 1,000 in-person attendees from more than 16 countries, with an additional 1,000 participating virtually, supported by over 40 sponsors [2] - The conference featured over 180 sessions where learning leaders and experts shared insights on cutting-edge learning innovations [2] Group 2: New Product Announcements - D2L introduced new AI experiences with D2L Lumi, including Lumi Insights, Lumi Study Support, Lumi Chat, Lumi Tutor, and Lumi Feedback, aimed at enhancing learner support [3][8] - The new Createspace offers educators a dedicated platform for content creation and collaboration before publishing [8] - Enhancements to D2L Brightspace include expanded group enrollment capacity, bulk feedback capabilities, and a Print Quiz feature to improve learner accessibility [8] - Accessibility+ was launched to address the unique needs of learners and ensure equitable access to course content [8] - The reimagined D2L Link aims to improve integration across organizational systems with automated workflows and enhanced data accuracy [8] - D2L Academy was introduced as a centralized hub for learning resources, including expert-led sessions and training materials [8] Group 3: Keynote and Executive Summit - The keynote by Ryan Leak encouraged attendees to embrace change and view failure as a stepping stone to growth [8] - The D2L Executive Summit gathered leaders from corporate learning, higher education, and professional associations to discuss AI's impact on learning and skills development [8]

Core Insights - Nelnet Business Services has launched Propelr, a digital learning platform aimed at enhancing training and retention for human resources, training, and compliance leaders [1][2] Company Overview - Propelr is designed to provide scalable, engaging, and efficient training solutions, focusing on onboarding, compliance training, professional development, and customer education [2][4] - The platform is backed by Nelnet's extensive experience in education technology, emphasizing effective employee education as critical for business success [2][3] Features and Benefits - Propelr offers a human-centered approach supported by artificial intelligence (AI), simplifying course creation, tracking, and reporting while prioritizing learner engagement [5] - The platform includes dedicated support to assist businesses in designing and implementing training programs at every stage [5] - Custom learning paths are available to empower teams, improving productivity, safety, and performance on the job [5] - On-demand virtual learning modules allow for adaptable training across various shifts, facilities, and growing workforces [5] - Gamification features are integrated to keep employees engaged and motivated, supporting retention and growth goals [5]

Core Viewpoint - NETCLASS Technology INC has established a wholly owned subsidiary, NETCLASS INTERNATIONAL PTE. LTD., in Singapore to enhance its international business development in AI applications, particularly in Southeast Asia and other global markets [1][2][3]. Company Expansion - The new subsidiary will act as the primary base for overseas expansion and innovation in AI-driven solutions, focusing on language proficiency assessment and AI-assisted education [2][3]. - Singapore's strategic position as a technology hub, along with its strengths in talent development and advanced research capabilities, is seen as ideal for accelerating the company's global growth [2][3]. Leadership Perspective - Dr. Jianbiao Dai, Chairman and CEO of NetClass, emphasized that establishing a local presence in Singapore will enhance collaboration with regional partners, attract top talent, and deliver innovative solutions to meet the evolving needs of educators and learners worldwide [3]. Vision and Commitment - The establishment of the Singapore subsidiary aligns with the company's broader vision of transforming traditional education through intelligent technologies, enhancing global R&D capabilities, and deepening its presence in Southeast Asia [3]. - The company remains committed to driving educational digitalization and providing scalable, impactful AI solutions to institutions and enterprises globally [3]. Company Overview - NETCLASS TECHNOLOGY INC specializes in B2B smart education IT solutions, offering services such as SaaS subscription services and application software development for various educational and organizational needs [4]. - The company's mission is to deliver reliable, high-quality products that promote sustainable growth for its customers [4].

Core Viewpoint - The integration of artificial intelligence (AI) into education is transforming the educational landscape, with Shenzhen's Futian District leading the way in innovative practices and systemic changes in educational philosophy, teaching models, evaluation systems, and nurturing ecosystems [1][5][19]. Group 1: AI Education Practices - The "AI Education Zhen Action" salon held at Shenzhen University focused on how AI can drive structural changes in education, emphasizing that AI education is not merely an extension of information technology education [1][15]. - Futian District has transitioned from hardware proliferation to deeper explorations of AI in education, gaining national attention for its initiatives [3][19]. - The district's educational leaders have shared their experiences on national platforms, highlighting the significance of the "Futian experience" in AI education [3][19]. Group 2: Educational Framework and Collaboration - Shenzhen University emphasizes a three-pronged approach to AI education: foundational knowledge, application skills, and ethical awareness, tailored to different educational stages [7][19]. - The establishment of AI joint laboratories between Shenzhen University and local schools aims to create seamless connections between basic education and higher education in AI talent cultivation [7][19]. - The "Mingde Model" at Shenzhen Mingde Experimental School integrates AI into all aspects of education, supported by partnerships with technology companies [9][19]. Group 3: Future of AI in Education - The future of education in Shenzhen is expected to see AI spaces becoming commonplace, teachers evolving into "super teachers" adept at human-machine collaboration, and students becoming proficient in leveraging AI [11][19]. - The concept of AI education is framed as a dynamic and creative process, contrasting with traditional information technology education, which is more static [18][19]. - The ultimate goal of AI education is to cultivate creators who can harness technology rather than mere followers of technology [14][19]. Group 4: Ethical Considerations and Challenges - Discussions highlighted the importance of maintaining human-centric values in AI applications within education, ensuring that technology enhances rather than replaces human judgment [17][19]. - The need for clear boundaries regarding AI usage in education was emphasized, focusing on AI as a tool to enhance human capabilities rather than a replacement [19]. Group 5: Conclusion and Future Directions - The salon concluded with a consensus on the need for continuous innovation and the establishment of a supportive ecosystem for AI education, aiming to replicate and promote the "Shenzhen experience" in other regions [19].

Core Insights - The World Artificial Intelligence Conference (WAIC) 2025 will focus on the transformation of education through AI, addressing challenges such as data fragmentation, privacy concerns, and unequal resource distribution [3][4][17] - The conference will feature multiple forums discussing the role of AI in youth education and the empowerment of women through technology [4][6][7] Group 1: Key Themes - The impact of large AI models on personalized learning and data privacy [5] - The technological adaptability of lightweight teaching systems in rural areas [5] - The application boundaries of collective intelligence in large-scale teaching [5] Group 2: Forums and Events - The AI Education and Empowerment Forum will take place on July 26, 2025, focusing on intelligent education in China and youth AI innovation practices [6] - The AI Women Elite Forum will be held on July 27, 2025, discussing AI technology transformation and gender equality [7] - The Youth AI Innovation Development Forum will occur on July 28, 2025, aiming to integrate technology innovation with education [8] Group 3: Participating Organizations - International educational institutions involved include OECD, European Academy, and various top universities such as Cambridge and Tsinghua [9][10] - Notable companies participating include Xiaomi, China Telecom, and several innovative tech firms focusing on educational applications [11][14] Group 4: Innovations and Products - Noteworthy products showcased include NetEase Youdao's AI Q&A pen, which integrates advanced AI models for educational support [15] - Hearing Bear's AI smart hearing machine represents a significant advancement in youth-oriented intelligent devices [15] Group 5: Overall Objectives - The WAIC 2025 aims to create a comprehensive solution for the integration of AI and education, promoting gender equality and technological empowerment [17]

Core Viewpoint - Genius Group Limited has significantly increased its Bitcoin holdings and set ambitious targets for future growth in its Bitcoin Treasury, aligning with its broader market capitalization goals [6]. Group 1: Bitcoin Holdings and Purchases - On July 12, 2025, the company purchased 32 Bitcoin, raising its total Bitcoin holdings by 22% to 180 Bitcoin at an average price of $105,568 [1]. - The company has achieved a 161% BTC Yield since May 22, 2025, and has tripled its Bitcoin holdings in less than two months [2]. - The current market value of the company's Bitcoin holdings is $21.7 million, based on a closing price of $120,600 on July 13 [3]. Group 2: Financial Strategy and Growth Targets - The company aims to increase its Bitcoin Treasury target from 1,000 to 10,000 Bitcoin, with a potential to reach this target within 24 months if the current growth rate is maintained [2]. - The recent purchase of Bitcoin was financed through flexible loans at a 40% loan-to-value ratio, allowing for repayment at any time [4]. - The company executed a share buyback of one million shares while purchasing Bitcoin, contributing to an increase in BTC Yield to 161% [5]. Group 3: Company Vision and Market Position - CEO Roger Hamilton stated that the revised Bitcoin Treasury goal of 10,000 Bitcoin aligns with the company's target of achieving a $1 billion market cap and preparing 100 million learners for future opportunities [6]. - Genius Group serves 5.8 million users across over 100 countries, providing AI-powered education and acceleration solutions [7].

Core Viewpoint - The article highlights the rapid development and integration of AI in the education sector, particularly in K12 and lifelong learning, driven by significant investments and innovations from both domestic and international players [1][4]. Group 1: AI Education Initiatives - OpenAI has partnered with the American Federation of Teachers to launch a national AI education research institute, aiming to train 400,000 K12 educators over five years with an investment of $10 million [1]. - In China, DouShen Education has introduced new products, including the Super Ability Training Ground and Learning Companion Robot, achieving sales of over 30 million within six days of launch [1]. - Shanghai is actively promoting AI in education, with events like the "Molding Shanghai" AI + Education Expert Exchange Conference to explore the integration of AI and lifelong learning [1]. Group 2: Market Potential and Growth - The number of students in China is substantial, with 105.84 million in primary schools, 53.86 million in middle schools, and 29.22 million in high schools, providing a vast market for educational hardware [2]. - The market for intelligent learning machines is projected to exceed 100 billion by 2025, with the current market size reaching 27.07 billion in 2024 [2]. - The surge in demand for educational hardware is attributed to the integration of AI models, with major companies like Xueersi and Keda Xunfei announcing their adoption of the DeepSeek model [2][3]. Group 3: AI's Role in Personalized Learning - AI systems in learning machines focus on precise learning diagnostics and personalized learning plans, enabling quick identification of student weaknesses and tailored educational support [3]. - The AI can replace traditional teaching roles, providing real-time tutoring and support, which is particularly beneficial during school breaks when parental guidance may be limited [3]. Group 4: K12 and Lifelong Education Market Dynamics - The global K12 education market is valued at $1.5 trillion, with China's share exceeding $500 billion, indicating a significant growth opportunity for educational hardware manufacturers [4]. - The AI + education market in China is expected to surpass 70 billion by 2025, with a compound annual growth rate of 47%, particularly in vocational and adult education sectors [4]. Group 5: Ethical Considerations and Future Directions - The acceleration of AI is creating anxiety among the workforce, necessitating lifelong education for skill regeneration [5]. - Shanghai is establishing a global digital lifelong learning alliance to promote AI integration in education, emphasizing the need for functional platforms and technological breakthroughs [5]. - Experts stress the importance of maintaining a human-centered approach in AI development to avoid ethical risks and ensure technology serves comprehensive human development [5].

Core Insights - Ruanyun Edai Technology Inc. has signed a strategic cooperation agreement with the Confucius Institute at Prince Sultan University to enhance its HanLink Chinese language learning platform in Saudi Arabia [1][2][3] - The agreement aims to integrate AI-powered content and analytics with the Confucius Institute's educational framework, creating a comprehensive learning ecosystem for students and educators [2][3] Company Overview - Ruanyun Edai Technology Inc. is an AI-driven education technology company focused on transforming K-12 education in China through intelligent learning tools and adaptive systems [6] - The company aims to modernize education by leveraging AI and internet technologies to improve academic performance and streamline educational processes [6] Strategic Collaboration Details - The three-year agreement includes the development of an online Confucius Institute platform that will offer certified Chinese courses and cultural programming [3] - HanLink will be integrated into PSU's Chinese elective courses, enhancing interactivity and personalizing learning experiences for students [3] - Co-development of localized teaching materials and assessments tailored to Saudi learners will be a key focus of the collaboration [3] Pilot Program Launch - A pilot Summer 2025 Chinese Language Program will be co-hosted by Ruanyun and the Confucius Institute, targeting children aged nine to eleven and adult learners [4] - The program will feature two-week immersion camps and conversational courses, utilizing the HanLink App and providing dual-branded certificates upon completion [4] Leadership Perspective - The CEO of Ruanyun emphasized that this collaboration represents a significant step towards democratizing Chinese language learning through AI, aiming to create a scalable educational model in Saudi Arabia [5]