First of all, just your thoughts on the latest news of the Kimi K3 model? How is this changing the playing field, including for you?
It is an excellent model. We've tested it. It's quite good, and we'll be using it in our products. I think if we look at the trajectory, the models keep getting better and smarter, and there's no end in sight. And that's something I think that underscores the whole improvement. We also see open source catching up gradually with the closed source narrowing the gap. So it looks like that's what it signifies. And having an open source model actually is great for enterprises because they want on premise deployment. They don't wanna send their data to the cloud. So I think that's probably the bigger news. There will continue to be good models in The US and China, but I think the important thing is it's getting so smart. We gotta learn to use it for the most important tasks.
Your company also has your own foundational model, the e series. So how do you see this relationship with Kimi? Is it a competitive or a collaborative relationship?
We think we want to focus our energies on building applications. And we think with these models getting so good, we're better off building applications on the very, very best model and using their intelligence to change the financial statement of companies. Because the models, you know, three years ago, were like an average human, but now they're smarter than all humans. So it's such a pity if these models are only applied to simple tasks. So we are building in my company a product called Boss AI. It is a product designed to give the CEO the god's eye view over all the data to make all the right decisions that will move the dial in the financial statement of the company. So that's where our company has pivoted to since about a year ago.
So that means am I right to say you're no longer going to invest in fine tuning and expanding your financial foundational model? You're working with other companies and building applications on top of it.
Well, ecosystem is emerging, and we're very relieved and happy with this choice because our expenses have dropped tremendously over the last year so that we can get to profitability fairly soon.
I remember you mentioned that you want to be the first highly profitable AI 2.0 company. Where are you on that milestone?
Our bookings have increased, you know, three to four times from last year, and we're busily hiring, fulfilling. And because the BOSS AI product is so understandable, right, many CEOs think about, I wanna do AI transformation. What should I do? Ask my CIO. Ask the IT department. Install customer service. Do legal. Do finance. But in the end of the day, all they have is a bunch of sugar-coated demonstrations, but no substantial impact. So we feel that our BOSS AI is the first product of its kind that superpowers the boss and really gives him or her the chance to gain insight, make the right decision, see the risks, and help the company become more profitable. I use it every day. So to the extent our business has developed well, is thanks to BOSS AI that's helped us, taught us how to sell the product to the customers.
Okay. So some personal experience with your own product. So what's your timeline to profitability?
It should be soon. Sometime next year.
Okay. Amazing. And tell me about your client uptake rate. What are you foreseeing in terms of the demand pipeline going forward?
Well, we're getting more demand than we can handle because in order for us to do the business, we do global business. So we service not just Chinese enterprises, but also global enterprises in Asia, South America, Middle East, and so on. So our challenge, frankly, is finding English speaking, Arabic speaking, and other language speaking people who are qualified to be either consultant or FTEs who can fly to those countries and work with their teams to AI infuse. So I think the limitation of our business, if there is one, is our ability to hire. Now as we get into businesses, we'll see the uptake grow, and also there will be license revenue, subscription growth. So we can definitely foresee hundreds of percent of growth for the coming years. But we are not a token factory, so you're not gonna see a 50 times growth.
Okay. So triple digit growth still. Yeah. We have been hearing that the government might be mulling restrictions on foreign access to advanced AI models in China. Is this going to impact your business in any way, especially your overseas portion of the business?
I know nothing about the rumor you talk about, but we sell any model legally in any country. So if there is, you know, a Spanish buyer that wants to use a legal model to operate and they want to use an American model or a French model, we'll do that. So we're agnostic, and we support every model from every country, but we operate it legally in the country in which our product is sold.
Let's talk about some of the export controls. Right? With restricted access to the advanced GPUs from NVIDIA's, how serious is the shortage of GPUs domestically? How is this constraining the pace of your innovation or development, or is it raising the cost of your business?
