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tz-plus logo Innodata: Data Service Provider for Big Tech Wins New Major Client!

A. Zehetner
Reading Time: 3 minutes

Business Model: Innodata positions itself as a data and infrastructure partner for the development of frontier AI models. New Major Contract: A contract with a leading technology company worth 51 million USD secures further growth and diversifies the company's existing customer base. CEO Talks About Record Quarter: Innodata significantly exceeded market expectations in Q1 with a revenue increase of 54% and raised its annual forecast. The stock of Innodata (INOD) has a market capitalization of approximately 2.9 billion USD and marked...

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