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Enterprise Ireland issued early warning of job cuts at Altada

The report on the aspiring tech unicorn was written on the day it announced it was furloughing staff, who have since received no word on their work status

Altada assured investors of annual €40m profits by 2024

A presentation prepared for potential investors claimed the Cork-based tech firm’s overall revenues would increase tenfold in just four years

Altada chiefs rejected new funding deal that would require them to step back

The celebrated Cork-based AI company says it is seeking bridging finance while it waits for fresh funding, as insiders reveal details of heavy spending, pay roll issues and multiple angry, unpaid creditors

Altada lays off US staff and furloughs Irish workers as it seeks bridging finance to stabilise the firm

The troubled Cork-based AI startup Altada says it has laid off US staff and furloughed Irish employees as it seeks bridging finance to "stabilise" the firm.

Altada s unicorn bid in question as AI firm faces significant financial challenges

The Cork-based AI firm, which expected to be valued at $1 billion this year, is struggling to pay wages and other outgoings

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