Transitioning to an AI-native model with an 'answer engine' that significantly boosts user engagement and revenue compared to traditional display ads.

Positioned as a very bullish AI monetization play for the 'open web'. The company is profitable, generates strong free cash flow, and is aggressively buying back its stock, demonstrating management's confidence.

Yahoo taking a 25% ownership stake is viewed as a 'strong bullish signal' for TBLA investors, as access to Yahoo's inventory should be a significant growth driver.