Appen, one of the world's largest AI training providers, announced on Wednesday a raft of cost-saving initiatives expected to deliver annualised cost savings of about $36 million in fiscal 2024.
"Going forward, costs will be managed in line with the revenue opportunity and market conditions," it said in a statement. It further launched a set of data products and services in a push to diversify its revenue by tapping into the hot generative AI market, on the back of its
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