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Tech star Whispir is up 165pc, looks to AI

After a big 12 months, communications platform Whispir is balancing growth and investment in areas such as AI and machine learning. 

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While the market has been rightly transfixed by the 15.8 per cent rise in Afterpay shares over the past month (taking its 12-month rally to a staggering 272 per cent) on the back of not much news, another one of last year’s tech darlings, communications platform Whispir, has quietly delivered a 13.3 per cent gain for the year, taking its rise over the past year to 165 per cent.

And Whispir has actually delivered some good news during that period, last week announcing it had delivered its first-ever quarter of positive cashflow in the December quarter. Chief executive Jeromy Wells admits it’s an important milestone.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/tech-star-whispir-is-up-165pc-looks-to-ai-20210125-p56wkd