Systran Names Former Operations VP Vincent Godard as CEO
Vincent Godard returns to Systran to take on CEO role. Former CEO, Jean Senellart, to stay on as scientific adviser and board member. AI agency to grow global markets, expand in the cloud.
*New* Slator Pro Guide: Translation AI — 10 Practical LLM Use Cases for the Language Industry
AI agency
AI Agency Language I/O Closes USD 5m Series A; Expands Focus Beyond Chat, Email
Language I/O raises USD 5m; CEO says funds will be used to hire more data scientists to expand machine translation platform beyond customer support.
Lengoo Raises USD 20m Series B From Inkef on AI Agency Investment Thesis
Berlin-based startup Lengoo raises USD 20m Series B on thesis that custom machine translation combined with human-in-the-loop service can outcompete incumbent language service providers.
Verbit Raises USD 60m Series C to Fund AI Agency Strategy and M&A
Transcription and captioning provider Verbit raises a whopping USD 60 million in series C from Sapphire to fund tech development but also growth via acquisition.
The Right Dynamics: Why Private Equity and Venture Capitalists Invest in the Language Industry
Two Silicon Valley venture capitalists and a private equity investor discuss their rationale for investing in the language industry, weighing in on an industry undergoing a profound shift.
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