Zedge Presents DataSeeds as Primary Growth Initiative in AI Data Services
Bitget2026/10/21 13:15- Zedge made DataSeeds its primary growth initiative, targeting purpose-built AI datasets and expert evaluation services.
- An insider-led investment of approximately $7.7 million was completed to accelerate the strategy; Howard Jonas participated in $6.5 million of the financing.
- Pro forma cash reached $27.4 million, with no debt; the quarterly dividend is expected to continue while share buybacks were suspended.
- DataSeeds completed its first six-figure order and secured repeat enterprise AI orders, with revenue expected to fluctuate across upcoming quarters.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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