Seems a player or two can see the potential as tech spend makes a come back.
It is a pure A.I play.. despite the nonsense surrounded it. All its products an services are in A.I.. we have seen the tech spend Green Shoots
HY23 is going to be horrible as decision makers are only starting to build their AI infrastructure now. Appen is more of a quality assurance- fine tuning A.I - AI consultancy business under Armughan. Where data is not the centerpeice of the business.
Its going to take a bit of time for the fine tuning/qality assurance side of the business kicks in as models are not built yet at scale but expect data to start improving in the December quarter. Been saying it since this time last year on the super-value cheap.
APX Price at posting:
$2.81 Sentiment: Hold Disclosure: Held
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