Localisation of the defence industry in the UAE; new players and initiatives at the forefront of the change
As one of the largest spenders on defence in the Middle East, the United Arab Emirates (UAE) has become a major player in the regional military sphere in recent years and is now looking in on itself to produce its own ordnance. With a large defence budget, valued at $23.2bn in 2023 alone, the UAE […]
OpenAI Raises USD 6.6 Billion as It Launches Real-Time Speech-to-Speech API – slator.com
OpenAI has announced that it has raised USD 6.6bn in its latest funding round — reaching a valuation of USD 157bn — making it one of the most valuable private companies in the world. Venture capital firm Thrive Capital led the round and sweetened the deal by promising a further USD 1bn in investment if […]
Has AI ‘Radically Changed’ Day-to-Day Work of Language Professionals? – slator.com
Lilt CEO Spence Green’s observation on SlatorPod that localization has become one of the key use cases to show return on investment in AI is something most people in the industry can agree with. And when some big names like Reddit not only make AI-enabled localization part of their growth strategy, but also make good […]
DeepL Opens New York Hub, Hires New CTO and CMO – slator.com
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. Jarek […]
HumanAI Redefines Translation Workflows and High Quality as The Super Tool for Experts – slator.com
The translation and localization market has long been a tale of two halves: technology on one side, service on the other. This divide has left a void, with no single solution effectively and completely merging the two. EasyTranslate‘s groundbreaking HumanAI solution is poised to change that: designed to connect cutting-edge, built-for-quality AI models with language […]
The First Large Language Model Supporting All EU Languages Is Here – slator.com
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, highlighted […]
Minnesota Picks OpenAI for AI Translation and ‘Real-time Interpretation’ – slator.com
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) outlined […]
Simon Yoxon-Grant Succeeds Scott W. Klein as CEO of LanguageLine Solutions – slator.com
LanguageLine Solutions (LLS) announced the appointment of Simon Yoxon-Grant as its new president and CEO, effective September 24, 2024. Yoxon-Grant takes over from Scott W. Klein, who led the company for 12 years, and will now stay as the CEO of Teleperformance Specialized Services, also led by Klein in the past five years. Klein’s tenure […]
Reddit Rolls Out AI Translation Broadly After Early Tests Deemed Success, CEO Says – slator.com
Reddit, the online social media platform, has confirmed that it will be launching localized versions of its content into multiple languages over the coming weeks. With 50% of Reddit’s user base located outside of the US, the company had identified localization as a key growth driver to investors earlier in 2024 and launched a machine […]
Sony Adds New Languages to Speech Translation Systems Without Retraining – slator.com
In a September 17, 2024 paper, researchers from Sony and Carnegie Mellon University presented a method that allows speech translation (ST) systems to support more language pairs without the need for expensive and time-consuming retraining on new datasets. Traditionally, ST systems can only translate language pairs they have been specifically trained on, the researchers explained. […]