APX 4.08% 47.0¢ appen limited

Jeffreries Target Price-$0.60, page-174

  1. 10,543 Posts.
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    If its products were worthless then it wouldn't be bringing in $20m/month revenue.

    Lets get serious. One of Appens customers 30% of revenue is now in Gen A.I and I expect that transition to continue. For those that don't know what services Appen has for Gen A.I

    Gen A.I services is not much to do with data and not many understand what the services are and in a perpetual state of confusion.

    Deep Learning is digital advertising and web search that needs a tonne of data to work.

    Gen A.I is only limited to hyperscalers for now but Deep Learning is sill a viable business..

    Let me explain another way...a miner finds an orebody with 10 year mine life Deep Learning is probably at year eight or nine.
    Lets just say Gen A.I also has a 10 year mine life and we are at year one. Painful transition but it's happening.

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