As I said before, the lionbridge selling price was around 5x revenue
I can’t see AI investment slowing down at all..... for many companies..AI is not a choice but a must.....
Geely’s latest investment into Ecarx is a show of future investment that automakers are making..... software is a huge area of importance......
as technology evolve, energy price will get insanely cheap... hence fuel efficiency etc will not longer be the focal point of automakers.....:.
they will learn from Apple.... and learn how they dominated the industry by effectively monopolise their IOS system and software... you cannot longer ask your customers what they want... you have to give them and tell them what they want....
it is worth noting appen is already working with 7 of the top 10 automakers in the world... do you think they will care who provides the cheapest data annotation? Or who is the most efficient, top quality and fast.... it’s a no brainer .....
we will look back in 5 years time and see how wrong these analysts got appen.......
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