Language Industry Data and News Briefing October 2024 – slator.com

[ad_1] Slator is the leading source of news and research for the global translation, localization, and language technology industry. Our Advisory practice is a trusted partner to clients looking for independent analysis. Headquartered in Zurich, Slator has a presence in Asia, Europe, and the US. [ad_2] Source link

DeepL Opens New York Hub, Hires New CTO and CMO – slator.com

[ad_1] Language AI company DeepL, valued at USD 2bn in its most recent funding round, announced on October 1, 2024, the opening of a new tech hub in New York City to meet the growing demand for its language AI, AI translation, and writing tools in the region. The company has had a pivotal 2024. […]

Healthcare and SaaS Investors Trade Views on Language Industry’s Big Themes – slator.com

[ad_1] During the morning session at SlatorCon Silicon Valley 2024, language industry investors Aditya Govil (VSS Capital Partners) and Andrew Doane (K1 Investment Management) formed an Investor Panel moderated by Slator’s Esther Bond. With VSS and K1 invested in companies from two very different segments of the language industry — GLOBO (healthcare interpreting) and XTM […]

Slator Language Industry Buyer Tracker for October 2024 – slator.com

[ad_1] Slator is the leading source of news and research for the global translation, localization, and language technology industry. Our Advisory practice is a trusted partner to clients looking for independent analysis. Headquartered in Zurich, Slator has a presence in Asia, Europe, and the US. [ad_2] Source link

Slator Pro Guide: Audiovisual Translation – slator.com

[ad_1] The Slator Pro Guide: Audiovisual Translation for LSPs is a concise and accessible guide to entering and scaling in the audiovisual translation market, including an assessment of AI’s impact and emerging opportunities. Featuring an overview of media localization and access services, the guide shares valuable tips and insights from industry leaders on how to […]

AI and Creative Thinking Top List of Most Wanted Skills for LSP Employees – slator.com

[ad_1] Pressure from the C-suite to adopt AI in business processes has become well-known, and widespread, since OpenAI’s ChatGPT burst onto the scene in November 2022. Nearly two years later, it seems clear that the language industry, too, has noticed curiosity from clients at high levels.  According to the 2024 edition of the Association of […]

The First Large Language Model Supporting All EU Languages Is Here – slator.com

[ad_1] On September 24, 2024, researchers from Unbabel, the University of Edinburgh, CentraleSupélec, and other partners introduced the EuroLLM project and released its first models — EuroLLM-1.7B and EuroLLM-1.7B-Instruct — as part of an open-weight, open-source suite of large language models (LLMs). In a post on X, Pedro Martins, Senior AI Research Scientist at Unbabel, […]

Minnesota Picks OpenAI for AI Translation and ‘Real-time Interpretation’ – slator.com

[ad_1] Less than one year after OpenAI started getting momentum as a pure-play machine translation option for enterprises, the world’s most valuable AI startup revealed that it is now providing machine translation at scale for a public institution. Featured as one of currently 47 so-called “stories” on the OpenAI website, Minnesota’s Enterprise Translation Office (ETO) […]