Artificial Intelligence
Gladia, a French AI startup specializing in transcription and audio intelligence, has raised $16 million in a Series A funding round led by XAnge, with additional contributions from Illuminate Financial, XTX Ventures, and other investors. This funding brings the company’s total capital to over $20 million since its establishment in 2022, according to a Venture Beat article. The startup has developed a multilingual real-time transcription engine that supports over 100 languages. CEO Jean-Louis Quéguiner told Venture Beat that he founded the company because existing speech recognition models of...
2024-10-19 07:04:36
The Lithuania-based remote interpretation platform Interactio announced this morning that it has raised $30 million in series A funding, with investments from venture capital firms such as Eight Roads Ventures and Storm Ventures. The company claims this is the largest sum of series A funding in the remote simultaneous interpreting (RSI) industry, noting that the money will ensure the company’s continued growth after a particularly big year during the COVID-19 pandemic. In addition to investing in new remote interpreting tools, the company plans to use the capital to expand its team by hiring n...
2024-10-19 09:41:11
KUDO, a New York-headquartered, cloud-based virtual interpreting platform, has been flying high since the beginning of the year as travel bans and work from home policies have decimated the in-person conference space. Virtual interpreting is exactly what it sounds like — rather than in-person or over the phone, interpreters work within an online platform of choice. Virtual interpreting includes remote simultaneous interpreting, which is what KUDO does. Simultaneous interpreting is necessary for fast-paced conference settings where participants may need to keep up with presenters in their nativ...
2024-10-19 15:42:02
Learning a new language will almost always benefit you, especially if you’re in the localization industry or work adjacent to it. Additionally, there are some secondary benefits of learning a language such as Japanese. 1. It raises your status in the workplace Although this is quite obvious, it may not be in the way you think. Knowledge of Japanese for business will increase your value as a global employer and market player. Whether it’s business Japanese or just getting your foot through the door with basic greetings, your potential clients or business partners from Japan will greatly apprec...
2024-10-19 15:44:01