Appen has lost its lustre, reporting a further decline in financial performance in the first half of 2023 despite a global boom in artificial intelligence, a tool that the technology company offers in its packages.
The AI lifecycle data company saw its underlying net loss after tax widened to US$34.2 million in the six months to June 30, 2023, from a net loss of US$3.8 million in the same period a year ago.
