Appen Is Now Valued at USD 1.75 Billion as Investors Cheer 2018 Results
Australian language data provider and search engine evaluator Appen posts USD 260m in revenues and USD 51m in earnings for full-year 2018. Continue reading
Tag: artificial intelligence
Benchmark Capital Takes 13.6% Stake in DeepL as Usage Explodes
Fast-growing German machine translation provider DeepL sells 13.6% stake to Silicon Valley venture capital firm Benchmark Capital as usage continues to accelerate. Continue reading
Insatiable Appetite for Language Data a Boon for Niche Providers
The demand for high quality language data to train machine learning systems including neural machine translation is fuelling a growth curve for providers Appen, Flitto, and others. Continue reading
Is Machine Translation Essential to U.S. National Security?
The US government is asking for public comment to determine whether a range of “emerging technologies,” including machine translation, are essential to national security and should be subject to... Continue reading
AI Boom Drives Revenue Growth at Expert System in H1 2018
AI-focused text analytics company Expert System posts 52% revenue growth for the first half 2018, as total sales reach EUR 12.9m, driven by recurring licenses and foreign sales. Continue reading
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China Tech Leader Accused of Faking AI-Generated Simultaneous Interpreting
An interpreter accused multi-billion listed company of passing off human interpretation as the output of its AI translation engine on social media. The post sparked off a media frenzy questioning... Continue reading
SAP’s Globalization Chief Ferose V R Sees a Bright Future for Translation
Ferose V R, Head of Globalization at SAP, on the challenges and opportunities to be found in multilingual countries and longtail languages, and why translation has a bright future in AI / human... Continue reading
Appen Delivers Strong Half-Year 2018 Results as Shares Hit All-Time High
Language data and search engine training company Appen delivers triple digit revenue growth on the back of Leapforce acquisition and strong organic performance. AI boom drives shares to all-time high. Continue reading
Machine Translation ‘Significantly’ Boosts Trade, Leading US Think Tank Finds
Researchers analyzed the impact of introducing a Spanish machine translation system to eBay’s platform and found direct and positive causal links between machine translation adoption and economic... Continue reading
AMPLEXOR’s 20th Annual BE THE EXPERT Event Focuses on AI, RIM
Conference and training attracts delegates from all over the world to hear how AI and machine learning can transform the industry, from translations to managing regulatory requirements Continue reading
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Facebook Open Sources AI Framework That Now Powers 6 Billion Translations a Day
Facebook is open sourcing its unified deep learning framework PyTorch 1.0, the underlying technology that supports AI and many of its products including Translate. Continue reading
Appen Outperforms in 2017, Breaks Through Billion Dollar Valuation
Appen delivers yet another stellar year with strong revenue and profit growth, lower expense ratio, and improved operating margins. Recent acquisitions appear to work well. Strong performance... Continue reading
The Most Important Trends in Translation Technology for 2018
Can machines become as good as humans in natural language? Are CAT tools getting far too complicated? Will users increasingly grow comfortable with sacrificing data privacy for personalized... Continue reading
‘Smart Translation Systems’ Feature Prominently in China’s 3-Year AI Agenda
China issued a 3-year action plan to boost AI development for implementation across the whole country. It sets out quantified targets for eight commercial applications of AI, including speech... Continue reading
Memsource to Release First Feature Powered by Artificial Intelligence
Memsource will release the first feature powered by newly developed artificial intelligence technology. The AI-powered Non-translatables feature will be available as an option in the Enterprise... Continue reading
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