Microsoft and Google I suspect will significantly increase their R&D in this domain.
it's all hands on deck at Google, sole focus at the moment is to integrate an AI chat into their search engine and it can't fail as it will threaten their primary source of revenue. This is a real threat with advertising making up the primary portion of their business model. taking notice of the sell off upon their demo of "Bard" just goes to show how quickly things can turn ugly here.
Microsoft have announced record downloads for Bing as people await to try out the new revolutionary way of web search and are full steam ahead integrating an AI assistant across their product offerings, mainly the 365 suite.
The AI industry is waking up and the need for good quality data needs to come from somewhere and Appen is positioned well to benefit.
APX Price at posting:
$2.73 Sentiment: Buy Disclosure: Held
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