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SANTA CLARA - Agora (NASDAQ:API), a $299 million market cap real-time engagement platform currently trading at $3.30, announced expanded support for OpenAI’s Realtime API, which is now generally available, according to a company press release issued Thursday. According to InvestingPro analysis, the stock appears undervalued based on its Fair Value metrics.
The real-time engagement platform, which generated $133.55 million in revenue over the last twelve months, has integrated new features into its Conversational AI Engine including automated greetings, mixed-modality interaction, and selective attention locking, aimed at creating more natural communication between users and AI agents.
The integration builds on Agora’s existing partnership with OpenAI, incorporating the first multimodal large language model into the Agora platform. The combined technology allows developers to create AI agents with more human-like responsiveness while reducing development complexity.
"Real-time multimodal interaction is the missing piece for AI agents to feel truly human," said Tony Zhao, CEO of Agora.
The enhanced Conversational AI Engine includes features such as automated greetings for session awareness, mixed-modality interaction allowing users to switch between voice and text inputs, flexible turn-detection options, and the company’s proprietary Selective Attention Locking technology to filter ambient noise.
Robotics startup Carbon Origins is already implementing the technology to enable hands-free operation of heavy equipment. "The combination of OpenAI’s Realtime API and Agora’s conversational AI technology enable hands-free control of our autonomous robot fleet," said Amogha Krishna Srirangarajan, CEO and Founder of Carbon Origins.
Agora’s platform serves applications across various sectors including customer support, education, gaming, and fan engagement. The company, which maintains a strong balance sheet with a current ratio of 3.55, is headquartered in Santa Clara, California. For detailed financial analysis and expert insights on Agora, access the comprehensive Pro Research Report available exclusively on InvestingPro.
In other recent news, Agora reported its financial results for the second quarter of 2025, highlighting notable revenue growth and advancements in AI technology. The company achieved a total revenue of $34.3 million, representing an 11% increase compared to the same period last year. Agora’s net profit saw a significant rise, tripling from the previous quarter to reach $1.5 million. These financial results underscore Agora’s expanding footprint in the real-time communication and AI conversational technology sectors. The company is also making strides with new AI product developments. While there is no mention of mergers or acquisitions, these advancements are crucial for investors to note. Analyst firms have not provided any recent upgrades or downgrades, focusing instead on Agora’s financial performance and technological progress. These developments reflect Agora’s ongoing commitment to innovation and market presence.
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