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Barrick North America signs five-year Avathon AI deal ahead of planned IPO

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Barrick's North American gold business has signed a five-year agreement with Avathon to deploy industrial AI across mining operations, adding a visible technology initiative as Barrick prepares a minority IPO of the unit by the end of 2026. The deal is expected to generate $10 million to $20 million in annual sales for Avathon, according to reporting on the contract terms, making it a material customer win for the industrial AI startup.

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