I have also consulted a colleague who is an ai specialist. He said apx has been building and refining Data sets for 20 years. The founder probably started his venture when he watched terminator 2
anyway the data not only needs to be collected , it needs to be clean data and also needs to be data that can be changed as human behaviour changes
im excited about the mid term future for this company. Reminds me over the iron ore boom that started in 2000. It will be the next phase of world growth and apx is profitable, and has few competitors and is the global leader. The demand for their services will be so high for the next five to ten years.
Yes like the iron ore boom it won’t last forever but I will not be selling until I see market maturity approaching in 7 years if I was to guess
enjoy the ride
Ann: Full Year Earnings Upgrade, page-94
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