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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.