Slator - Language Industry News

Can AI Agents Execute Complete Translation Workflows? Slator- Language Industry Intelligence The Evolution of Translation Translation has come a long way from the days of bilingual dictionaries and phrasebooks. The need to bridge language barriers has driven innovation, bringing us to the age of digital translation tools and now, AI agents . But can AI truly handle the complexity of complete translation workflows? Can AI Agents Execute Complete Translation Workflows? The Rise of AI in Translation Artificial Intelligence (AI) has revolutionized many industries and translation is no exception. The question isn't just about AI performing translations but about AI agents managing entire translation workflows. Let's dive deeper into this fascinating development. Understanding AI Agents What are AI Agents? AI agents are autonomous entities designed to perform specific tasks. These tasks range from simple commands to complex problem-solving activities, all without human intervention. ...

Language Industry Buyer Tracker July 2024: Key Points Explained Slator- Language Industry Intelligence The language industry is constantly evolving, with new developments, acquisitions, and trends emerging regularly. Staying updated is crucial for businesses and professionals in the field. The Language Industry Buyer Tracker for July 2024 provides a comprehensive overview of the latest happenings in the industry. Let's dive into the key points from this month's report. Slator- Language Industry Intelligence What is the Language Industry Buyer Tracker? The Language Industry Buyer Tracker is a monthly report that tracks significant events, trends, and changes within the language services market. It includes details about acquisitions, mergers, financial performances, and technological advancements. This tracker is an essential resource for anyone looking to stay informed about the industry's dynamics. July 2024 Highlights This month has seen several notable updates in the la...

eBay Launches New In-House Large Language Model for E-commerce with Translation Capabilities In a June 17, 2024  paper ,  eBay   introduced its series of  l arge language models  (LLMs), tailored specifically for the  e-commerce  sector. eBay’s New In-House Large Language Model for E-commerce Can Also Translate These models, named LiLiuM 1B, 7B, and 13B , were developed in-house to meet eBay’s specific needs across various applications, including translation, in the e-commerce domain, providing full control over licenses, data, vocabulary, and architecture. The authors said that “these models are meant to eliminate dependency on third-party  LLM s within eBay.” eBay explained that using foundation models like the LLaMA-2 models, which can be accessed and adjusted for specific purposes, poses risks related to licensing, data security, and future-proofing. They noted that these models are generally trained on English-centric data and are quite gene...