APX 0.98% 51.5¢ appen limited

Appen a Bargain ???, page-8

  1. 511 Posts.
    lightbulb Created with Sketch. 37
    in addition to that.. How do you think their business will go into the future?

    They do a little more now I assume https://appen.com/what-we-do/#Cases .

    Here's what appen does up till 2021 in simple language according to CHatGPT.

    Appen is a company that specializes in data annotation and data collection services to improve the quality and training of artificial intelligence and machine learning models. Their primary focus is on providing high-quality labeled data, which is crucial for various AI applications. Appen's business primarily falls into the category of "Data Labeling and Annotation."

    Here's how their business fits into the AI landscape:

    Data Labeling and Annotation:

    • Appen's core business involves annotating and labeling large datasets to train AI and ML algorithms. They employ human annotators to perform tasks such as image classification, text categorization, speech transcription, and more.
    • This type of AI support service is essential for developing and fine-tuning AI models, especially for supervised learning tasks. High-quality labeled data helps algorithms understand and make predictions or classifications accurately.

    While Appen's primary role is not in developing AI models or algorithms themselves, their work plays a critical role in enhancing AI models' performance and capabilities by providing the necessary training data. Many AI companies and organizations rely on data labeling and annotation services like Appen to ensure the success of their AI initiatives.

 
watchlist Created with Sketch. Add APX (ASX) to my watchlist
(20min delay)
Last
51.5¢
Change
0.005(0.98%)
Mkt cap ! $114.5M
Open High Low Value Volume
51.5¢ 52.5¢ 51.5¢ $385.2K 742.2K

Buyers (Bids)

No. Vol. Price($)
9 157091 51.5¢
 

Sellers (Offers)

Price($) Vol. No.
52.0¢ 16791 4
View Market Depth
Last trade - 16.10pm 10/06/2024 (20 minute delay) ?
Last
51.5¢
  Change
0.005 ( 0.10 %)
Open High Low Volume
51.0¢ 52.5¢ 51.0¢ 309615
Last updated 15.59pm 10/06/2024 ?
APX (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.