Language Industry Data and News Briefing February 2023
Language industry’s definitive monthly news and data briefing; key M&A and funding, financial results, hires, company KPIs, product launches, social media highlights.
Language industry’s definitive monthly news and data briefing; key M&A and funding, financial results, hires, company KPIs, product launches, social media highlights.
With the cost of living rising fast, court interpreters say barely livable per diem rates are driving professionals to leave the field. New rates expected to be announced by March 2023.
Highlights from Slator’s 2022 M&A and Funding Report; ChatGPT translation capabilities, Paris 2024 looks for RSI platform, and Netflix’s multilingual mystery, 1899.
In the February 2023 edition of our buyer tracker, we provide Slator subscribers with a selection of some of the most important changes among buy-side decision-makers.
Craft London Managing Director, Tanya Bogin, on localizing global campaigns, improving workflow automation, and cultivating transcreation specialists.
Danish language software provider, EasyTranslate, has raised more than EUR 3m to build a ChatGPT-based content generation tool integrated into the translation workflow.
Researchers revisit controlled language as a means of improving MT quality. A new methodology based on stylistic quality is said to eliminate repeated fine tuning.
For the 2023 iteration of the Geneva-based Fellowship, students or recent grads of Master’s and PhD programs can select among tracks for translation, terminology, and tech.
What factors influence cost of translation? Let’s explore the value of your translation projects by outsourcing your labor.
The open-source platform helps users build and refine datasets without hand-labeling training examples. Funding round co-led by Caixa Capital Risc and Zetta Venture Partners.
EU’s DG CONNECT awards a EUR 8m contract to create a platform and marketplace for multilingual language data sharing and exchange.
New Zealand-based language service provider (LSP), Straker Translations, reports slowed growth as a result of worsening trading conditions and delayed IBM project.
Research by Tencent AI Lab compares ChatGPT’s performance in machine translation with Google Translate, DeepL, and Tencent’s TranSmart.
Game services provider Keywords expects to beat previous full-year revenue forecasts; posts 22% organic growth in second half of 2022 on the back of strong localization demand.
LXT Chief Growth Officer, Phil Hall, on covering 750 languages, emerging competitors, and why he agrees that data-for-AI companies are the shovel providers in a gold rush.
Solidifying its plans to hold localization capabilities in-house, Kakao’s Piccoma acquires a majority stake in Voithru. The parent company also gets a sizable investment.
US Department of Justice works with Louisiana’s Supreme Court to solve lack of access to language services for court users of limited English proficiency.
Microsoft’s NTREX-128, the second largest human-translated test set, is another benchmark for the evaluation of massively multilingual machine translation research.
The Slator 2022 Language Industry M&A and Funding Report provides in-depth summary and analysis of the 62 M&A transactions and 18 startup and tech funding rounds covered by Slator.