Page 2 - Mark Brayan News Today

Once upon a time Appen was a star in the ASX’s tech scene. But 10 downgrades later, its new CEO is raising capital to chase the new phase of the artificial intelligence boom.

Appen revenue fell 13.1 per cent to $US388.5 million and earnings before interest, tax, depreciation and amortisation collapsed to $US11 million in the year to December 31.

What does the future hold for Australia’s former AI darling Appen as its big tech customers lay off staff by the thousands?

What does the future hold for Australia’s former AI darling Appen as its big tech customers lay off staff by the thousands?

The key hires of the global language industry in 2022 include nine CEOs and several appointments to C-level and VP positions.

AI data leader Appen appoints Armughan Ahmad as CEO; flags increased focus on international markets.

Appen sees share prices fall 18% after releasing full-year trading update; plans to increase the use of offshore facilities “gathering pace.”

Market conditions have not improved for artificial intelligence data services company Appen, leading its shares to be sold off... again.

Magellan and Appen are in very different sectors, but they are both finding it very difficult to regain momentum in distressed markets.

By Harish Sridharan (Reuters) - Australia's Appen Ltd warned on Thursday of an up to 84% drop in annual earnings because of spending cuts by major cus...