Sector 6 | The Newsletter of AIM

Sector 6 | The Newsletter of AIM

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Sector 6 | The Newsletter of AIM
Sector 6 | The Newsletter of AIM
Ketchup!πŸ₯«πŸ…πŸ₯«πŸ…πŸ§΄
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The Belamy

Ketchup!πŸ₯«πŸ…πŸ₯«πŸ…πŸ§΄

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Analytics India Magazine
Jan 30, 2024
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Sector 6 | The Newsletter of AIM
Sector 6 | The Newsletter of AIM
Ketchup!πŸ₯«πŸ…πŸ₯«πŸ…πŸ§΄
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Google recently ended its multi-million dollar contract with Appen. This decision seems influenced by a mix of Appen's internal challenges and a shift in the industry towards more advanced, automated AI services, ironically mirroring the β€˜Ketchup’ scene from Pulp Fiction, aptly depicting its current struggle to keep up with the rapid pace of AI advancements.

Appen experienced a significant leadership change with the departure of its long-time CEO Mark Brayan. The transition to new CEO Armughan Ahmad led to a series of executive exits, impacting the company's direction and stability. Appen saw a 13% revenue decline in 2022 and faced difficulties adapting to the evolving generative AI landscape, owing to "challenging external operating and macro conditions".Β 

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