Core Insights - Agora, Inc. showcased new conversational AI features at the World Artificial Intelligence Conference, enhancing user experience with voice locking, vision-based intelligence, and interactive avatars [1][2] Group 1: New Features - Voiceprint-based attention locking allows AI agents to focus on the user's voice in noisy environments, similar to the 'cocktail effect' in human cognition [1][3] - Vision-based intelligence enables AI agents to interpret visual context, allowing users to interact with the AI about their surroundings, such as asking about a painting or solving a math problem [1][3] - Interactive avatars provide a more engaging conversational experience by synchronizing lifelike movements and emotions with speech [1][3] Group 2: Company Vision and Commitment - The CEO of Agora emphasized the goal of making AI conversations as natural as human interactions, highlighting the positive reception of the new features at WAIC [2] - Agora plans to continue investing in conversational AI capabilities and collaborating with global partners to set new standards for human-AI interaction across various applications [2]

Business Highlights - Agora launched a Conversational AI Engine, an enterprise-grade solution for human-AI voice experiences[5] - The company offers a ConvoAI Device Kit, a turnkey solution for adding voice AI to any device, combining software, cloud services, and chips from Beken[8, 10] - TEN (a voice activities detection) continues gaining traction and adds VAD and Turn Detection, outperforming existing open-source alternatives[11, 14] - Agora's Conversational AI Extension is available on the Dify Marketplace[15] Customer Base & Revenue - Agora had 3,800 active customers in March 2025, including 1,994 Agora customers and 1,806 Shengwang customers[35] - Total revenues for Q1 2025 were $33.3 million, with a year-over-year growth of 12.1%[39] - Agora revenues in Q1 2025 were $18.6 million[42] - Shengwang revenues in Q1 2025 were ¥105.5 million, equivalent to $14.7 million[43] Financial Performance - The dollar-based net retention rate for Agora was 96% and for Shengwang was 85% in March 2025[46] - Gross profit for Q1 2025 was $22.6 million, resulting in a gross margin of 68.0%[50] - Loss from operations in Q1 2025 was $3.7 million, representing a loss from operations margin of (11.1%) [57] Share Repurchase Program - As of March 31, 2025, Agora repurchased 33.0 million ADSs for approximately $116.4 million, representing 58% of the $200 million share repurchase program[63]