The market’s view of LLM-focused data and AI companies like INOD is going through a transition period. The unconditional euphoria of 2023 and 2024 is over. On the other hand, INOD has started moving its projects with Big Tech customers out of the pilot stage and into full scale contracts. Especially the recent partnership with Palantir and the aggressive growth on the public/defense side signaled to the market that the company is moving beyond being an ordinary data labeling subcontractor and turning into a strategic pre training data platform. It fell to the $43 monthly EMA21. Below that, .. the support band. It needs to ride out the storm in this area, otherwise this setup could evolve into a distribution formation. It should be closely monitored.
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$INOD
The market’s view of LLM-focused data and AI companies like INOD is going through a transition period. The unconditional euphoria of 2023 and 2024 is over. On the other hand, INOD has started moving its projects with Big Tech customers out of the pilot stage and into full scale contracts. Especially the recent partnership with Palantir and the aggressive growth on the public/defense side signaled to the market that the company is moving beyond being an ordinary data labeling subcontractor and turning into a strategic pre training data platform.
It fell to the $43 monthly EMA21. Below that, .. the support band. It needs to ride out the storm in this area, otherwise this setup could evolve into a distribution formation. It should be closely monitored.