Macro Finance
Globant Goes All In On AI Overhaul to Rebuild From 80% Selloff
Bloomberg Markets·October 1, 2026·1 min read
Argentine software firm Globant SA is betting that AI can rebuild its business after the technology wiped out 80% of its market cap since early 2025. Once one of Latin America's biggest tech success stories, Globant is now overhauling its operations to embrace AI, hoping to reverse its steep decline and restore investor confidence.
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