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failure  to  realize  the  anticipated  benefits  or  synergies  of  a  transaction  at  all  or  within  the  expected 
timeframe;

the incurrence of debt or dilution related to equity issuances in connection with a transaction;

failure  to  identify  or  address  the  problems,  liabilities,  or  other  shortcomings  or  challenges  of  an 
acquired company or technology, including issues related to copyrights and other intellectual property, 
regulatory  compliance  practices,  litigation,  revenue  recognition,  or  other  accounting  practices,  or 
employee or user issues;

risks that the acquired company could have a negative impact on our company culture;

risks that regulatory bodies may enact new laws or promulgate new regulations that are adverse to an 
acquired company or business;

risks  that  regulatory  bodies  do  not  approve  our  acquisitions  or  business  combinations  or  delay  such 
approvals;

theft  of  our  trade  secrets  or  confidential  information  that  we  share  with  potential  acquisition 
candidates;

risk  that  an  acquired  company  or  investment  in  new  services  cannibalizes  a  portion  of  our  existing 
business; and

adverse market reaction to an acquisition.

If  we  fail  to  address  the  foregoing  risks  or  other  problems  encountered  in  connection  with  past  or  future 
acquisitions  of  businesses,  new  technologies,  services,  and  other  assets,  strategic  investments,  and  other 
strategic transactions, or if we otherwise fail to realize the expected benefits of such acquisitions or investments, 
our business, financial condition, and results of operations could be adversely affected.

Unfavorable media coverage regarding our business, our models, platform, and applications, 
the  impacts  of  AI,  and  the  AI  industry  more  broadly  could  adversely  affect  our  business, 
financial condition, and results of operations.

As our business has grown and as interest in us and the AI industry overall has increased, we have attracted, 
and  may  continue  to  attract,  significant  media  coverage,  public  commentary,  and  scrutiny  from  time  to  time. 
This  coverage  and  commentary  have  included,  and  we  expect  will  continue  to  include,  recurring  narratives 
concerning the potential adverse societal impacts of AI, including that AI may displace or eliminate jobs, may 
be misused or otherwise cause harm, and may pose catastrophic or existential risks to humanity. We have been, 
and  may  continue  to  be,  a  particular  focus  of  such  narratives,  and  unfavorable  coverage  of  the  AI  industry 
generally may be attributed to us, in each case regardless of whether the underlying concerns are well-founded 
or  specifically  applicable  to  our  models,  platform,  or  applications.  Unfavorable  publicity  regarding  us,  our 
partners, or the AI industry more broadly could adversely affect our reputation and brand, as described in the 
section  titled  “—If  we  are  unable  to  maintain  and  enhance  our  brand  and  reputation,  our  business,  financial 
condition,  and  results  of  operations  may  be  adversely  affected.”  Negative  media  coverage,  including  public 
figures  making  negative  or  threatening  statements  about  our  company,  whether  accurate  or  not,  could  also 
adversely  affect  our  brand  and  reputation  and  may  reduce  market  acceptance  of  our  models,  platform,  and 
applications or impair our ability to attract and retain customers. As public awareness of our brand increases, 
any  issues  that  draw  media  attention  may  have  an  amplified  adverse  effect  on  our  reputation.  If  unfavorable 
media  coverage  or  adverse  public  perceptions  persist  or  intensify,  the  demand  for  our  models,  platform,  and 
applications  could  decline  and  our  brand,  business,  financial  condition,  and  results  of  operations  could  be 
adversely affected. 

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