Key Takeaways Innodata expanded from post-training into pre-training data, moving upstream in the AI data value chain.INOD invested about $1.3M and has signed ~$42M in contracts, with another ~$26M likely to follow.Innodata expects most pretraining revenue to ramp in 2026, making it a potentially durable growth driver.Innodata Inc.’s (INOD) expansion into pretraining data marks a meaningful strategic evolution, with the potential to reshape both its growth profile and competitive positioning. Historically, ...