Financial Data and Key Metrics Changes - In Q1 2025, the company recorded a strong top line growth of 39%, reaching almost 300 million reais, primarily driven by CPaaS [3][4] - Consolidated adjusted gross profit declined 21% to 74 million reais from 94 million reais a year ago, with gross margin decreasing 25% [4][9] - Normalized EBITDA totaled 20 million reais in the quarter, in line with expectations, and is expected to increase progressively over the year [5][10] Business Line Data and Key Metrics Changes - CPaaS revenue increased by 58%, making up 73% of total revenues, while SaaS revenue grew by 5% year over year, representing 25% of total revenues [6][7] - Adjusted gross profit for SaaS remained stable at 43 million reais, but adjusted gross margin decreased by 2.7 percentage points to 54% due to the transition to Zenvia customer cloud [8][9] - G&A expenses decreased by 24% year over year, reaching 24 million reais, which is 8% of revenues, down from 14.7% a year ago [9][10] Market Data and Key Metrics Changes - The company expects SMS volumes to continue growing year over year, although at a slightly decelerated pace compared to Q1 [18][24] - The company estimates around 50 million reais in revenues from LATAM in 2025, representing over 50% growth compared to 2024 [38] Company Strategy and Development Direction - The company is focused on expanding Xenvia Customer Cloud in Brazil and Latin America, aiming for organic growth while maintaining a commitment to deleveraging [11][12] - The rollout of the new strategic cycle is impacting short-term profitability but is expected to boost medium and long-term performance [12] - The company is evaluating opportunities to divest non-core assets to optimize capital structure [12] Management's Comments on Operating Environment and Future Outlook - Management noted that while Q1 was strong, there is a slight softening expected in Q2, but SMS volumes are still expected to grow in high double digits [18][24] - The company is optimistic about the growth of Xenvia Customer Cloud and SaaS, with expectations of 25-30% growth for the full year [19][24] - Management expressed satisfaction with the current churn levels, indicating that early churn is primarily from legacy solutions [41] Other Important Information - The company incurred approximately 8 million reais in one-time severance costs during Q1 related to workforce reduction [5][10] - The company ended the quarter with a cash balance of 86 million reais and expects EBITDA to continue growing faster than CapEx [10] Q&A Session Summary Question: Reasons behind CPaaS growth in SMS volume - Management indicated that the growth is primarily due to marketing campaigns rather than AI-related factors [15][18] Question: Clarification on Zenvia Customer Cloud growth calculation - Management explained that the 15% growth includes both new clients and those migrating to the platform, and they remain confident in achieving 25-30% growth for the year [19] Question: Current headwinds for Zenvia Customer Cloud adoption - Management stated that they are being cautious in migrating customers to ensure a positive experience, rather than customers being hesitant [20] Question: Progress on asset sales and leverage - Management noted that they cannot comment specifically on asset sales but are focused on deleveraging the balance sheet and improving capital structure [21][22] Question: Guidance for the year and trends - Management refrained from providing formal guidance but discussed trends indicating strong growth in CPaaS and Xenvia Customer Cloud [24] Question: Customer churn and retention strategies - Management reported that churn is higher in legacy solutions but healthy in core software, and they are working on improving customer retention [41]

Core Insights - Wolters Kluwer has repurchased 221,906 ordinary shares for €31.3 million at an average price of €141.21 from June 26 to July 2, 2025, as part of a larger buyback program aimed at repurchasing up to €1 billion in 2025 [2][3]. Share Buyback Program - The cumulative shares repurchased in 2025 to date amount to 3,475,056, with a total consideration of €533.6 million and an average share price of €153.54 [3]. - The company has engaged third parties to execute €350 million of buybacks from May 8, 2025, to July 28, 2025, in compliance with relevant laws and regulations [3]. Treasury Shares and Regulatory Compliance - Shares repurchased are held as treasury shares and will be used for capital reduction through share cancellation [4]. - As of June 30, 2025, the number of treasury shares held exceeded the notification threshold of 3% of the issued capital, totaling 7,164,343 shares [4]. Company Overview - Wolters Kluwer reported annual revenues of €5.9 billion in 2024 and operates in over 40 countries, employing approximately 21,900 people [7]. - The company is a leader in professional information solutions, software, and services across various sectors, including healthcare, tax, accounting, and legal [6]. Stock Information - Wolters Kluwer shares are listed on Euronext Amsterdam and included in major indices such as AEX and Euro Stoxx 50 [8].

Core Insights - Zenvia Inc. reported a strong revenue growth of 39.2% year-over-year, reaching BRL 295.9 million in Q1 2025, driven primarily by a 58.5% increase in CPaaS revenues [11][24][13] - The transition to Zenvia Customer Cloud is progressing as planned, with expectations for completion by year-end 2025, which is anticipated to enhance long-term performance [2][6] - General and administrative expenses (G&A) decreased by 24% year-over-year, resulting in G&A as a percentage of revenues improving to 8.0% [17][18] Financial Performance - Normalized EBITDA for Q1 2025 was BRL 20 million, down 15.1% from Q1 2024, attributed to lower gross profit from the CPaaS segment due to increased SMS costs [11][18] - Gross profit decreased by 23.7% year-over-year to BRL 61.7 million, with a gross margin of 20.8%, down 17.2 percentage points from the previous year [11][24] - Non-GAAP Adjusted Gross Profit reached BRL 74.2 million, a decline of 20.8% year-over-year, with a Non-GAAP Adjusted Gross Margin of 25.1% [11][31] Segment Analysis CPaaS Business - CPaaS revenues totaled BRL 215.2 million, reflecting a 58.5% increase year-over-year, although Non-GAAP Adjusted Gross Profit fell by 38.7% to BRL 30.8 million, resulting in a Non-GAAP Adjusted Gross Margin of 14.3% [10][13] - The growth in CPaaS was primarily driven by higher SMS volumes from large clients, which have lower margins [11][15] SaaS Business - SaaS revenues increased by 5.1% year-over-year to BRL 80.7 million, with a slight increase in gross profit to BRL 30.9 million, but the gross margin decreased to 38.2% [7][9] - The transition to Zenvia Customer Cloud is impacting SaaS margins, which are expected to improve as the business scales [9][16] Customer Metrics - Total active customers decreased to 10,462, down 21.1% year-over-year, with a notable decline in both SaaS and CPaaS customer bases [11][24] - Active customers in the SaaS segment were 5,668, down 20.6% year-over-year, while CPaaS active customers were 4,794, down 25.8% [10][11]

市场消息：甲骨文(ORCL.N)与OpenAI拓展"星际之门"协议，将在美国建设更多数据中心OpenAI将从甲 骨文租赁额外的4.5吉瓦数据中心容量。 订阅人工智能动态 +订阅 ...

Core Viewpoint - Rosen Law Firm is reminding investors who purchased securities of Digimarc Corporation during the specified Class Period of the upcoming lead plaintiff deadline on July 8, 2025, and the potential for compensation without out-of-pocket fees [1][2]. Group 1: Class Action Details - A class action lawsuit has been filed against Digimarc Corporation, and investors who wish to serve as lead plaintiff must act by July 8, 2025 [2]. - The lawsuit alleges that Digimarc made false and misleading statements regarding its business operations, specifically about a large commercial partner not renewing a significant contract, which adversely affected subscription and annual recurring revenue [4]. Group 2: Rosen Law Firm's Credentials - Rosen Law Firm has a strong track record in securities class actions, having achieved the largest settlement against a Chinese company at the time and being ranked No. 1 for securities class action settlements in 2017 [3]. - The firm has recovered hundreds of millions of dollars for investors, securing over $438 million in 2019 alone [3].

Core Insights - Tencent Hunyuan has open-sourced its first hybrid inference MoE model, Hunyuan-A13B, along with two new datasets, ArtifactsBench and C3-Bench, to advance the development of large models [1][6] Model Features - Hunyuan-A13B has a total of 80 billion parameters and 13 billion active parameters, providing advantages in inference efficiency compared to similar open-source models [1] - The model supports a native context window of 256K, allowing it to handle long documents effectively, which is beneficial in academic, legal, and business contexts [3] - It demonstrates superior multi-tool collaboration capabilities, enabling it to perform complex tasks across various scenarios, unlike models with single tool capabilities [2] Developer Accessibility - The model is developer-friendly, allowing deployment on mid-range GPUs, such as NVIDIA GeForce GTX series, and supports multiple quantization formats [4] - Developers can access the model through open-source communities like GitHub and Huggingface, as well as via Tencent Cloud's API [4] Training Methodology - The pre-training phase utilized a high-quality corpus of 20 trillion tokens across various fields, enhancing the model's general knowledge [5] - A multi-stage training approach was adopted to improve different capabilities, including logical reasoning and creative writing [5] Evaluation Tools - ArtifactsBench includes 1,825 tasks across nine domains for assessing code generation capabilities, while C3-Bench focuses on agent scenarios with 1,024 test data points [6] - These datasets aim to establish more comprehensive evaluation standards in the industry, facilitating model optimization [6][7] Application and Future Plans - Hunyuan-A13B is already applied in over 400 internal Tencent businesses, with an average daily request volume of 130 million [6] - Future plans include launching dense models ranging from 0.5B to 32B and continuing to open-source multimodal foundational models and plugins [6]

Core Insights - The establishment of the Zhen Shitong Green Computing Power Energy Saving Research Institute aims to address clients' needs in green transformation and contribute to high-quality low-carbon development [1][3] - Strategic partnerships were formed with Beijing Cloud Co., Softcom Power Information Technology Group, and Guangzhou Broadcasting Five Boat Technology to enhance collaboration in various fields including audio-visual content creation and GPU chip development [3] - New products launched include a two-phase liquid cooling high-efficiency server and a pump-driven two-phase liquid cooling integrated cabinet, both designed to improve performance and reduce energy consumption in data centers [3] - The company is expanding its multimedia business and leveraging AI technologies to create a second growth curve, focusing on innovation and social responsibility [4] - The Fengtai Technology Park is committed to optimizing the business environment for AI companies, supporting talent acquisition and global innovation resource linkage [5] - Zhen Shitong is recognized as a national-level specialized enterprise, achieving significant results in various sectors including cloud video and AI, while integrating energy-saving concepts into its products and services [7] - The company is exploring practical applications of AI in remote meetings and smart exhibitions, addressing common industry challenges such as profitability and implementation difficulties [8]

西风 发自 凹非寺 量子位 | 公众号 QbitAI 中国手部障碍者总数超过3000万，这其中有手部残疾者，也有因渐冻症、脑瘫、中风等原因导致手部障碍的人士。 对他们来说，在互联网时代，如何使用手机和电脑是一大难题。 为此，一个名为 "面面俱控——AI赋能手障人士新时代" 的项目应运而生。 面面俱控团队研发了 国内 首个面控操作手 机电脑的产品"面面俱控" ，通过人脸识别技术，捕捉脸部动作，模拟手机手势和PC鼠标操作。 比如，用户可以通过设置张嘴、抬眉等动作对手机电脑进行不同的操作，语音控制也已实现： AI眼镜应用新场景！造福听障人士，让他们与世界"畅聊"。 肢体残障人士也有了新AI工具，只需张嘴、抬眉、眨眼等面部动作，就能无障碍操控手机电脑。 在AI大模型卷产业、卷效率的风口上，一群年轻人把AI技术从代码世界，带到了最贴近人心的公益实践中。 除了手障人群，听障群体同样是技术公益不可忽视的一环。 全球有2.5亿听障人士，2023年中国的听障人群达到2780万。 借助腾讯云的AI和大模型产品，知音助聋团队启动了 "AI不释手——知音开启 听障人士无障碍 生活" 项目，他们研发了 AR字幕手语眼镜 ， 能把健全人 ...

Group 1 - Huawei announced the open-source release of the Pangu model with 70 billion parameters and the Pro MoE 72B model with 720 billion parameters, enhancing the development of large model technology on domestic computing platforms [1] - The Pro MoE 72B model achieves superior performance comparable to trillion-parameter models by dynamically activating a network of experts, with only 160 billion parameters activated during operation [1] - The latest Super CLUE ranking places Huawei's large model as the top domestic model within the trillion-parameter category, indicating significant advancements in the field [1] Group 2 - Huawei's Ascend chips and CANN heterogeneous computing architecture are part of a fully autonomous and optimized closed-loop solution, marking a shift in global AI computing competition towards large-scale system efficiency and ecosystem development [2] - The Ascend super node has been commercially deployed in data centers such as China Telecom, contributing to the growth of the domestic supply chain [2] Group 3 - Huasen Tiancheng has collaborated with Huawei on Ascend chips and AICC intelligent contact center initiatives, indicating a strategic partnership in AI technology [3] - Softcom Power has launched the Softcom Ascend AI workstation to enhance local AI inference and production efficiency, reflecting the industry's push towards localized AI solutions [4]

Company Overview - Red Violet, Inc. (RDVT) shares increased by 6.3% to close at $50.96, driven by notable trading volume and strong customer demand across various sectors [1] - The company is experiencing increased adoption from medium and large enterprise customers, alongside investments in proprietary data generation, automation, and AI-driven risk solutions [1] Earnings Expectations - Red Violet is expected to report quarterly earnings of $0.28 per share, unchanged from the previous year, with revenues projected at $24.5 million, reflecting a 28.5% increase year-over-year [2] - The consensus EPS estimate for Red Violet has remained stable over the last 30 days, indicating that stock price movements may not sustain without earnings estimate revisions [3] Industry Context - Red Violet operates within the Zacks Internet - Software and Services industry, where Globant (GLOB) is another player, having closed 0.4% lower at $91.13 and showing a -6.4% return over the past month [3] - Globant's consensus EPS estimate has decreased by 0.5% to $1.52, representing a 0.7% increase compared to the previous year, and it currently holds a Zacks Rank of 4 (Sell) [4]