Translation and Localization Industry Maintains Growth in 2022 to USD 27.9bn
Highlights from Slator’s 2023 Language Industry Market Report, OpenAI to trademark GPT, and a Swiss NLP corner with new research, debates and launches.
Appen
Appen Appoints New Chief Financial Officer as Investors Weigh Strategy Shift
After an unsatisfactory financial year in 2022, Australian data-for-AI leader Appen has announced the appointment of a new CFO, Helen Johnson.
Appen Hires Ex-Upwork CTO as New Chief Technology Officer
Data-for-AI leader Appen announces the appointment of former Upwork CTO, Saty Bahadur, as new CTO after an unsatisfactory FY22 and the appointment of a new CEO.
MrBeast Is Hiring a CEO to Run His Dubbing Company Creator Global
MrBeast adds dubbing services to his portfolio, ChatGPT is not a threat for Ai-Media, Microsoft on how well large language models can translate, and fastest growing LSPs in 2023.
Appen Launches Full Strategy Review After ‘Far From Satisfactory’ 2022 Results
Australia-based data-for-AI provider Appen releases “far from satisfactory” results for full-year 2022 as customers face onslaught from new social media platforms and privacy issues.
Spanish NLP Data Labeling Platform Argilla Raises USD 1.6M in Seed Funding
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.
Here are the Best and Worst-Performing, Publicly-Traded LSPs in 2022
Zoo Digital outperforms competitors again. Keywords Studios’ globalization unit strengthens video game localizer’s position. Appen’s stock continues to plunge.
AI Data Leader Appen Appoints New CEO, Armughan Ahmad
Data-for-AI leader Appen announces the appointment of Armughan Ahmad, former KPMG executive, as CEO.
Appen Moves Operations Offshore as Shares Continue to Decline
Share price falls after release of trading update; expecting disappointing full-year 2022 revenue and EBITDA results.
Appen Shares Plunge on Disappointing H1 2022 Results and Full-Year Outlook
Appen reports H1 2022 revenues to be down 7% and EBITDA down 69% versus the comparable period last year. CEO of data-for-AI provider blames sector slowdown rather than competition.
Language Industry Hires at Language I/O, DigitalTolk, Appen, Blend, Unbabel
Language I/O hires a CMO; DigitalTolk, a CFO and a Head of Sales; Appen, a Senior Director of AI Specialists; Blend, a CFO and a VP of HR; and Unbabel, a Chief Product Officer.
Appen Updates Investors on Productizing Linguistic Expertise
Among the platforms and workflows featured in Appen’s 2022 Investor Technology Day: Ontology Studio, which “productizes core components” of Appen’s “linguistic expertise.”
Lionbridge AI Buyer, Telus, Abruptly Abandons USD 700m Appen Bid
Australia data annotation provider, Appen, gets buyout offer from Telus, buyer of Lionbridge AI business. In surprising about-face, Canadian call center giant walks away.
Appen Share Prices Tumble After Data-for-AI Leader Releases FY 2021 Results
Record annual revenue of USD 447m unable to offset investor disappointment in ASX-traded company after downgraded EBITDA guidance and plunge in net profit after tax.
The Best and Worst Performing Listed Language Service Providers of 2021
While the overall language industry put in an exceptionally strong year, investors in listed LSPs and companies operating LSP units were handed a decidedly mixed bag in 2021.
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