#AI-based translation

#AI-based translation

The global market for AI-based translation is expected to grow from $5bn in 2023 to $12bn by 2030.

DeepL, a German company, is a winner in the IT and cyber security category and hopes to capitalize on the growing translation technology market.

Advances in AI have the potential to save time and money in the translation sector, with human translators focusing on reviewing and editing machine-translated text. [ more ]