Innodata Inc. receives $20M language model development contracts from a "Magnificent Seven" Big Tech customer, bringing their revenue to $43M.
Innodata Inc., a data engineering company, has been awarded three new large language model development programs worth approximately $20 million in annualized run rate revenue from one of its "Magnificent Seven" Big Tech customers, increasing the customer's revenue to $43 million. Innodata has already started work on the new programs. The CEO, Jack Abuhoff, expressed excitement about the significant expansion and potential future opportunities.
April 24, 2024
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