APX 3.13% 46.5¢ appen limited

Just thinking logically, Appen is on the front line in terms of...

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    Just thinking logically, Appen is on the front line in terms of AI development given their exposure to FAANG and therefore knows that it needs to prepare for the future with its business strategy to ensure it doesn't get replace in 5 years time. That's why they are investing in their tech platform now to improve unit economics/reduce costs at scale to maintain leadership position. I am very interested to see what they got to show on tech day and whether they are thinking of new ways to generate revenue/re-occurring revenue etc to diversify further. Management's strategic vision and execution going forward will be the no.1 factor that decides fate of APX IMO. Yes obviously that is the case for every business, but especially more so for APX in current environment.
 
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