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Once valued at $2B, this Utah tech darling is selling off its business for a fraction of that

Domo, the American Fork software company, has agreed to sell its artificial intelligence and data business after racking up $900 million in losses.

(Rick Egan | The Salt Lake Tribune) Domo CEO Josh James speaks at Domopalooza at the Grand America Hotel on March 27, 2024.

(Rick Egan | The Salt Lake Tribune) Domo CEO Josh James speaks at Domopalooza at the Grand America Hotel on March 27, 2024.