Latest news with #GenAIPlatform
Web Release
3 days ago
- Business
- Web Release
Yango Tech to let businesses boost their products in AI chatbots with GenAI Platform
Yango Tech, the unified ecosystem delivering tailored advanced B2B technology solutions to local businesses within Yango Group, has announced the upcoming launch of its GenAI Platform —a first-of-its-kind system in the MENA region designed to help retailers and brands gain top visibility and engage with customers across AI chatbots such as Claude, ChatGPT, and Perplexity. The GenAI Platform will allow retailers to list and promote their products directly within AI-powered chat interfaces, turning everyday conversations into high-intent shopping experiences. For example, when customers search for queries like 'Best sneakers under $200' or 'Where to buy new hairstyler', retailers using the GenAI Platform can appear as the top result, providing real-time pricing and availability. Initial rollouts of the GenAI Platform are set to begin with select retailers in the MENA region by the end of 2025. One of the key benefits for retailers is improved discoverability. Rather than depending exclusively on web or app traffic, businesses can now be featured prominently within AI chat results, aligning their offerings with high-intent product searches and increasing the likelihood of conversion. For example, a regional e-grocery retailer using Yango Tech's GenAI Platform can ensure their freshest produce is highlighted first when a customer queries meal planning options on Perplexity. Max Avtukhov, Chief Executive of Yango Tech Retail, said: 'With AI-driven neuro platforms becoming a dominant new channel for everyday search, Yango Tech's GenAI Platform marks a bold step forward. Today's consumers are turning to AI chat tools for everything from travel advice to tailored product suggestions, ushering in a new era of seamless personalized shopping experiences. It's a massive shift—from desktop to mobile browser search, and now to intelligent conversational platforms. We understand what it takes to win in this space first. This shift is an entirely new commerce environment, and with our GenAI Platform, we will give retailers the infrastructure they need to not only show up but to win in this space first.' At the core of the platform is Yango Tech's MCP Router, a system that acts as a central translator and traffic manager. It collects product-related queries from different AI platforms, routes them to the merchant's content systems (known as MCPs), and delivers ranked results back to the user in real-time. The result is a new channel for conversational commerce, where customer engagement meets immediate transaction potential. The launch of the platform comes at a time of massive regional momentum. AI is projected to contribute up to $150 billion to GCC economies and the conversational AI market is projected to exhibit a growth rate of 23.6% by 2033 in the region, while MENA's retail sector is expected to grow to $1.4 trillion by 2032 . The GenAI Platform also ensures multi-interface support, allowing brands to scale effortlessly across millions of daily interactions while maintaining low response times and consistent messaging. This scalability is essential as 40% of the time, 80% of users rely on AI when searching online. Following the MENA rollout, Yango Tech plans to expand the GenAI Platform to Latin America and other markets throughout 2026, supporting global retailers in capturing attention and revenue across the AI frontier.
Yahoo
30-05-2025
- Business
- Yahoo
1 Growth Stock Down 40% to Buy Hand Over Fist Right Now
DigitalOcean stock took a beating this year despite a couple of solid quarterly results. The cloud services provider is trading at an attractive valuation following its plunge. DigitalOcean's growth could turn out to be much better than expected thanks to the red-hot demand for its AI services. 10 stocks we like better than DigitalOcean › Shares of DigitalOcean (NYSE: DOCN) experienced a sharp pullback in the past three months after a bright start to the year. The drop seems quite surprising considering the company delivered a couple of solid quarterly reports so far in 2025. DigitalOcean provides on-demand, cloud-computing infrastructure to developers, small businesses, and start-ups, and the demand for the company's solutions has picked up impressively in recent quarters thanks to artificial intelligence (AI). The growing adoption of cloud-based AI services was a key reason why DigitalOcean crushed Wall Street's estimates in February. This was followed by another set of strong results for the first quarter of 2025, released on May 6. Still, the cloud-computing stock trades down about 40% since hitting a 52-week high in mid-February. The good part is that this steep pullback in DigitalOcean's share price is an opportunity for savvy investors to buy a top growth stock at an attractive valuation. Let's look at the reasons why this discounted stock is a no-brainer buy right now. DigitalOcean reported healthy revenue growth of 14% in Q1 as compared to the year-ago period. This was a 2-percentage-point improvement to the top-line growth it delivered in Q1 2024. The company's adjusted earnings increased at a faster pace of 30% year over year. The company's management attributed the robust growth in its revenue and earnings to the rapid adoption of its AI services. DigitalOcean customers can rent powerful graphics processing units (GPUs) from the company to train and deploy AI models, perform AI inference tasks, and scale their AI projects as per their requirements. The company gives customers the flexibility to do all of this without having to invest in expensive hardware, such as GPUs that cost in the tens of thousands of dollars each. Moreover, DigitalOcean customers save on the costs associated with managing the AI infrastructure. They can pay for the capacity they require and focus on building and deploying AI applications. Importantly, DigitalOcean has been adding more AI-focused services to its portfolio to capitalize on the adoption of this technology. For instance, the company introduced its GenAI Platform in January 2025, offering customers "an all-in-one solution that empowers you to build and scale AI agents quickly." Backed by popular large language models (LLMs) from the likes of Anthropic, Meta Platforms, and Mistral AI, DigitalOcean saw terrific demand for its GenAI Platform. The company points out that more than 5,000 customers use its GenAI Platform already and have built more than 8,000 AI agents. As a result, DigitalOcean's annual recurring revenue (ARR) from AI services increased by a whopping 160% year over year in Q1. The company's focus on pushing the envelope on the product-development front played a key role in driving this growth as it released 50 new features during the quarter, which was a 5x jump from the year-ago period. Looking ahead, the demand for AI agents is expected to increase at an annual rate of 46% through 2030, while the adoption of cloud-based AI services is also expected to jump at a compound annual growth rate of 30% over the next eight years. Moreover, DigitalOcean believes that it has a total addressable market (TAM) worth a whopping $140 billion, which means that the possibility of further acceleration in its growth cannot be ruled out, considering that it has generated just over $800 million in revenue in the past year. DigitalOcean's solid growth last quarter and its sunny prospects tell us that investors are getting a great deal on this AI stock right now, considering that it is trading at just 26 times earnings. The forward price-to-earnings (P/E) ratio of 15 looks even more attractive, as it points toward robust growth in its bottom line. Investors, however, should note that DigitalOcean's earnings forecast of $1.85 to $1.95 per share for 2025 doesn't point toward any meaningful growth from 2024 levels of $1.92 per share. That's because the company ramped up capital expenses (capex) this year to shore up its AI infrastructure. DigitalOcean's capex was 31% of revenue in Q1 as compared to 24% of revenue in the year-ago period. The company's bottom line increased nicely despite that substantial increase. This is a result of an increase in customer spending on its platform. DigitalOcean's average revenue per customer increased by 14% year over year. This figure could move higher thanks to DigitalOcean's focus on adding new AI services. That's why it won't be surprising to see its earnings growing at a faster pace than its guidance in 2025 and pick up pace in the long run, which could lead to more stock-price upside. That's why investors looking to buy an AI stock that delivers a mix of both value and growth should consider DigitalOcean following its sharp decline this year. Before you buy stock in DigitalOcean, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and DigitalOcean wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $651,761!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $826,263!* Now, it's worth noting Stock Advisor's total average return is 978% — a market-crushing outperformance compared to 170% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of May 19, 2025 Randi Zuckerberg, a former director of market development and spokeswoman for Facebook and sister to Meta Platforms CEO Mark Zuckerberg, is a member of The Motley Fool's board of directors. Harsh Chauhan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends DigitalOcean and Meta Platforms. The Motley Fool has a disclosure policy. 1 Growth Stock Down 40% to Buy Hand Over Fist Right Now was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
25-02-2025
- Business
- Yahoo
DigitalOcean Skyrockets 13% After Crushing Earnings--But Its AI Bet Might Be the Real Jackpot
DigitalOcean (NYSE:DOCN) just dropped a solid Q4, driving its share price up nearly 13% at 10.57am. The company is crushing estimates with $205 million in revenueup 13% year-over-year. Net income climbed 15% to $18 million, while adjusted EBITDA margin landed at a strong 42%. The cloud provider, known for catering to startups and SMBs, went all in on AI/ML, rolling out 49 new productsfour times more than last year. The bet on higher-spending customers is paying off, with its top 500 clients now accounting for 22% of total revenue and spending 37% more than the previous year. Warning! GuruFocus has detected 5 Warning Sign with DOCN. AI-driven expansion is fueling the momentum. DigitalOcean's GenAI Platform and Cloudways Copilot are ramping up automation and managed hosting, while the acquisition of Paperspace supercharged its AI/ML business. Retention is rock solid, with a 99% net dollar retention rate, and management is doubling down on buybacks, signaling confidence in its growth strategy. The company is balancing profitability with expansion, proving it can keep scaling while maintaining strong margins. Looking ahead, Q1 2025 revenue is projected between $207 million and $209 million, with adjusted EBITDA margin expected to hit 40%. For the full year, revenue could reach as high as $890 million, powered by AI-driven innovation and deepening relationships with high-value customers. With the cloud market getting increasingly competitive, DigitalOcean's ability to sustain its AI momentum and retain top-tier clients will be key. Investors are watching closely to see if the company can keep this winning streak going into 2025. This article first appeared on GuruFocus. Sign in to access your portfolio
Yahoo
26-01-2025
- Business
- Yahoo
DigitalOcean Launches Advanced Generative AI Platform
Announced at the Deploy 25 developer conference, the new DigitalOcean GenAI Platform empowers developers to easily integrate AI into business applications AUSTIN, Texas, January 22, 2025--(BUSINESS WIRE)--Today, DigitalOcean (NYSE: DOCN), the simplest scalable cloud for growing tech companies, introduced its new GenAI Platform at the company's developer conference, Deploy 25, hosted in Austin, Texas. The DigitalOcean GenAI Platform allows customers to use foundational models from third-party providers to build and deploy AI agents in minutes without the need for advanced expertise in AI or machine learning. DigitalOcean's new GenAI Platform's intuitive workflows meet customers wherever they are in their AI journey by allowing them to set up agents with access to robust data pipelines and multi-agent crews. Supporting everyone from AI beginners to seasoned experts, this groundbreaking platform positions DigitalOcean at the forefront of AI development by allowing businesses to build chatbot experiences with third-party foundational models to support a number of real-world use cases such as document analysis, intelligent customer service, automated workflows, and interactive conversational agents, with more use cases on the horizon. The platform is built to be framework-agnostic to allow for a seamless transition from creation to implementation. "As AI continues to enhance business strategies, it is essential to have a partner like us that is evolving with technology and making AI accessible for users," said Bratin Saha, Chief Product and Technology Officer at DigitalOcean. "Generative AI is an evolving concept, but our team has worked tirelessly to create an easy-to-use platform that seamlessly integrates with our customers' existing infrastructure and has a low barrier to entry for developers at any expertise level." The GenAI Platform makes it simple to create use-case specific agents by bringing your contextual data to foundation LLMs offered by leading third parties. You can not only pull in unstructured data from files but also structured data from databases or APIs to augment your prompts and build rich Retrieval Augmented Generation (RAG) workflows. With function calling, you can easily extend the capabilities of your agent with custom code without needing to spin up new processes. Additionally, with included guardrails, you can easily manage your agent's responses, helping to filter out incorrect or inappropriate results. Support for private endpoints and an included chatbot interface makes launching these agents on your website straightforward, enabling you to deliver immediate value to your users. "As a company that offers a holistic customer platform for plant and machine manufacturers, we explored a few GenAI options to help us create and manage large volumes of documentation for each customer's plant," said Florian Bauernfeind, Managing Director at Autonoma. "With DigitalOcean's new GenAI Platform, we are able to quickly create intelligent AI agents that understand each customer's specific context and language - making it easy to read through pages of documentation and search through a variety of content via chatbot. As a company, we are really excited about DigitalOcean's latest offering as we look to expand our own to transform our customer's experience." As DigitalOcean continues to expand its AI strategy in 2025 and beyond, the GenAI Platform brings new resources and functionality for customers looking to iterate in a competitive marketplace. These innovations will allow growing tech companies to harness their data and implement AI with ease. While select DigitalOcean customers experienced this platform late last year in a private preview, the GenAI Platform is available to all customers starting today, January 22, 2025. Stay tuned as the DigitalOcean team continues to add exciting new features to the GenAI Platform, including support for URLs as a data source, agent evaluations for AgentOps and CI/CD pipelines, model fine-tuning, and more. To learn more about DigitalOcean's GenAI Platform, visit our product page. Additionally, check out DigitalOcean's YouTube channel for a replay of the 2025 Deploy sessions and to see the platform in action. About DigitalOcean DigitalOcean is the simplest scalable cloud platform that democratizes cloud and AI for growing tech companies around the world. Our mission is to simplify cloud computing and AI to allow builders to spend more time creating software that changes the world. More than 600,000 customers trust DigitalOcean to deliver the cloud, AI, and ML infrastructure they need to build and scale their organizations. To learn more about DigitalOcean, visit View source version on Contacts DigitalOcean MediaDan Jensenpress@ InvestorsMelanie Strateinvestors@
Yahoo
26-01-2025
- Business
- Yahoo
2 Top Growth Stocks That Could Easily Double
Even the best growth companies go through rough patches. For DigitalOcean (NYSE: DOCN) and PubMatic (NASDAQ: PUBM), sluggish revenue growth has been a problem in recent years. The good news is that both companies are now on the up and up. DigitalOcean is leaning into artificial intelligence (AI) in a big way, and PubMatic is driving growth with connected TV and omnichannel video ads. For investors looking for reasonably priced growth stocks with the potential to double, look no further than DigitalOcean and PubMatic. Demand for AI infrastructure is soaring. An estimate from McKinsey puts the compounded annual growth rate of global demand for data center capacity between 19% and 27% through 2030. This growth will be largely driven by demand for running AI workloads. The biggest players in the cloud computing market are pouring mountains of cash into AI infrastructure. Microsoft, for example, is set to dump $80 billion into AI-enabled data centers this year, a staggering sum. Some of that spending will support Microsoft's own AI-enabled products, and some will support customers running AI workloads on its Azure cloud platform. What remains true even in the age of AI is that the biggest cloud platforms are tailored to enterprise users with vast IT budgets, not small-time developers and small businesses. DigitalOcean has made a name for itself as a simpler alternative to Azure and Amazon Web Services (AWS), and it can now extend that distinction into the AI infrastructure market. DigitalOcean acquired AI platform Paperspace in 2023, which put the company into the AI business. It rolled out virtual servers with graphics processing units (GPUs) last October, bringing AI compute capacity directly to its existing customers. The next step is the GenAI Platform, which is geared toward customers wanting to build and deploy AI agents without needing to manage infrastructure. DigitalOcean is putting simplicity first, enabling even those without any AI expertise to build and manage AI agents. DigitalOcean is valued at less than $4 billion. The stock is reasonably priced relative to the bottom line, trading for about 23 times the average analyst estimate for 2024 earnings. AI could help the company accelerate its growth as it taps into an enormous market opportunity. DigitalOcean estimates its total addressable market will top $200 billion by 2027. Revenue for 2024 should come in somewhere around $775 million. With a large market opportunity and the potential to accelerate growth with its GenAI Platform, DigitalOcean stock could be a big winner over the next few years. Advertising can be a tough business, subject to booms and busts as advertising spending dries up or is shifted around. The pandemic triggered a downturn in global advertising spending, and while the industry has bounced back, ad spending growth is sensitive to economic conditions and various other factors. PubMatic specializes in helping digital publishers, content producers, and app developers monetize their content and applications. The company's programmatic digital advertising platform aims to maximize revenue for its clients. PubMatic operates at an enormous scale, processing 1.8 trillion advertiser bids each day. PubMatic's growth slowed dramatically in 2023 due to a tough advertising environment, with revenue rising by just 4%. Business has picked up since then, with revenue growing by 13% year over year in the third quarter of 2024. Connected TV (CTV) is a big growth area, with CTV impressions more than doubling year over year in the quarter. And omnichannel video revenue grew by 25%, while mobile app revenue surged by more than 20%. PubMatic owns and operates its own infrastructure instead of using a public cloud provider. So, as long as utilization rates are high, the company can efficiently process the enormous number of bids running through its platform. Through the first nine months of 2024, PubMatic recorded free cash flow of $26 million, down a bit from 2023 as the company ramps up capital spending. With a market capitalization of about $716 million, the stock trades for about 20 times the average analyst estimate from adjusted earnings per share. As PubMatic shifts toward growth areas like CTV, the company can accelerate its revenue growth and ultimately drive earnings higher. As the adtech stock emerges from its downturn, it could be in for a major recovery. Ever feel like you missed the boat in buying the most successful stocks? Then you'll want to hear this. On rare occasions, our expert team of analysts issues a 'Double Down' stock recommendation for companies that they think are about to pop. If you're worried you've already missed your chance to invest, now is the best time to buy before it's too late. And the numbers speak for themselves: Nvidia: if you invested $1,000 when we doubled down in 2009, you'd have $369,816!* Apple: if you invested $1,000 when we doubled down in 2008, you'd have $42,191!* Netflix: if you invested $1,000 when we doubled down in 2004, you'd have $527,206!* Right now, we're issuing 'Double Down' alerts for three incredible companies, and there may not be another chance like this anytime soon.*Stock Advisor returns as of January 21, 2025 John Mackey, former CEO of Whole Foods Market, an Amazon subsidiary, is a member of The Motley Fool's board of directors. Timothy Green has positions in DigitalOcean and PubMatic. The Motley Fool has positions in and recommends Amazon, DigitalOcean, Microsoft, and PubMatic. The Motley Fool recommends the following options: long January 2026 $395 calls on Microsoft and short January 2026 $405 calls on Microsoft. The Motley Fool has a disclosure policy. 2 Top Growth Stocks That Could Easily Double was originally published by The Motley Fool
