Florian and Esther discuss the language industry news of the week, focusing on Slator’s latest M&A and Funding Report, which highlights over 50 mergers, acquisitions, and financial investments, and nearly 20 funding rounds in 2024.
Florian discusses OpenAI’s ChatGPT o1 model, praising its translation accuracy for complex texts like German legal documents, though he notes slower processing speeds and challenges with low-resource languages.
In Esther’s first M&A and funding corner for 2025, MotionPoint has acquired KeyContent, Synthesia has raised a USD 180m Series D, bringing its valuation to over USD 2bn, and Pocketalk raised USD 15.8m in funding, despite talks of a potential IPO last year.
Florian talks about Acrolinx’s leadership change, with Matt Blumberg becoming CEO and aiming to expand the AI-powered content governance platform’s presence in the US market. DeepL launched its AI-powered speech-to-speech translation product, DeepL Voice, with NEC as its first enterprise client.
Esther notes LinkedIn's ranking of “Interpreter” as the 22nd fastest-growing job in the UK, driven by demand across industries like localization, museums, and even zoos. Florian wraps up with AWS’s latest guide on integrating translation memories with large language models to improve AI-driven translation workflows.
