Globant is trying to turn the same AI shock that damaged its valuation into a new services model, pushing Glob.AI and AI Pods as a replacement for traditional billable-hour software work. Historical capitalization data show its market value falling from $9.31 billion at the end of 2024 to about $1.63 billion on October 1, 2026, an implied drop of more than 80% as investors reassessed IT-services businesses exposed to AI automation (historical capitalization).
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