Slator - Language Industry News

Slator's Pro Guide: AI in Interpreting is an absolute must-read for all providers of interpreting services and solutions. Here, the authors give a quick snapshot of what the newest applications of AI and large language models (LLMs) look like in interpreting. This Slator Pro Guide will bring you up to speed on what value AI can bring to your company and the new interpreting workflows, service models, and speech AI capabilities now available to you. The guide covers 10 one-page, actionable case studies-thematically designed and presented as vibrant infographics drawn from research and interviews with some of the leading interpreting service providers in the industry. The ten use cases highlight new areas of growth, innovative models for service delivery, and novel workflows in interpretation made possible by the recent developments in LLMs, speech-to-text, and speech synthesis. We will illustrate how AI speech translation solutions are being leveraged to open up language acc...

Smartcat's Series C Funding, YouTube Dubs Launch, Viva Translate Closes Down Slator- Language Industry Intelligence Florian and Esther discuss the language industry news of the week, where they give their impressions from  SlatorCon Silicon Valley  and touch upon the findings from the 2024 ALC Industry Survey. In a significant funding update, Esther reports that  Smartcat raised USD 43m  in a Series C round, bringing their total funding to USD 70m. This funding will support product innovation in AI translation and multilingual content generation. Florian talks about  YouTube’s potential launch of AI dubbing , a feature in testing that aims to generate translated audio tracks for videos, significantly enhancing content accessibility and engagement. In Esther’s M&A corner, Cloudbreak, now rebranded as Equiti,  acquired its competitor Voyce  and brought on  a new private equity partner , Heritage Group. Meanwhile, EasyTranslate  acquired Wor...

Highlights from SlatorCon Silicon Valley 2024 Slator- Language Industry Intelligence On September 5, 2024, more than 150 language industry and technology leaders gathered at Hotel Nia in Menlo Park, Silicon Valley . The event offered a friendly and relaxed environment, encouraging networking and reconnections among participants. Attendees from over a dozen countries and four continents emphasized the importance of in-person Slator events in addition to virtual ones. The expo hall was also buzzing with activity. Esther Bond , Head of Advisory at Slator, kicked off the event with a warm welcome, outlining the day's presentations and panels, and encouraging delegates to network and engage with each other. Key Takeaways from SlatorCon Silicon Valley 2024 Florian Faes , Managing Director of Slator, opened the sessions by presenting key insights from Slator’s latest research on the language industry's current state. He discussed practical applications of large language models (LLMs)...

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...

  Landexx, a language services provider based in Germany, has filed for bankruptcy. According to a court filing reported by several German legal aggregation sites , the language services provider Landexx has filed for bankruptcy. Information on the LSP is now difficult to find, as Landexx's website appears to be down. Additionally, as a private company, Landexx’s annual financial reports are not publicly accessible. German Language Services Provider Landexx Files for Bankruptcy Landexx, led by Managing Director Christel Stemmer, provided various services, including translation, interpreting, language training, and desktop publishing. Language professionals have informed colleagues of the news. For example, German-English translator Jill Sommer advised freelancers in a blog post to contact the bankruptcy trustee, Stephan Höltershinken, about any unpaid invoices. She also warned others not to accept translation assignments from the company. For at least a few years before the LSP...