Xometry may need to invest in AI-driven and agentic technologies to remain competitive.
“Our business may be affected by changes in buyer requirements and preferences, including as a result of decreased consumer demand for products, supplier manufacturing processes, availability of manufacturing materials and machinery, rapid technological change, and the emergence of new standards and practices, including advances in AI, generative AI and emerging autonomous or “agentic” AI systems, any of which could render our marketplace less attractive, uneconomical or obsolete. To the extent that our buyers’ demand for manufacturing decreases significantly for any reason, including because of shifting consumer preferences, it would likely have a material adverse effect on our business, financial condition, and results of operations and harm our competitive position. In addition, computer-aided design simulation and other technologies may reduce the demand for physical parts. Therefore, we believe that to remain competitive, we must continually expend resources to enhance and improve our technology and ability to provide buyers with traditional and emerging manufacturing processes. We may also be required to invest significant resources to develop, acquire or integrate AI-driven and agentic technologies, and there can be no assurance that such investments will be successful, cost-effective or result in increased demand for our offerings.”