Innodata expands partnerships with major technology companies, reporting $33.9 million in quarterly revenue from its largest customer and projecting $10 million from a new client in the second half of 2025. The company develops a late-stage pipeline of additional technology firm engagements and aims to shift from project-based work to long-term collaborations in artificial intelligence. Microsoft and Palantir Technologies also expand their AI service offerings, increasing competition in the sector.
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