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Smartling leads translation industry transformation with AI, driving 40% growth amid industry downturn
Smartling leads the AI-driven transformation of the $50 billion translation industry, achieving 40% growth and 50% AI revenue share amid a sector decline.
As billions pour into generative AI and large language model startups from venture capital and private equity investors, attention is turning to identifying the industry verticals and companies most poised for AI-driven disruption. Request an invite “Our goal is to make high-quality translation ubiquitous by driving down costs by at least another 50%, similar to how cloud services and storage were transformed over the past decade,” Murphy told VentureBeat. With a head start on its industry’s evolution and an ambitious roadmap, this under-the-radar incumbent is showing that the real promise of AI will be realized not by the splashy startups, but by companies deploying it to transform traditional businesses right now.
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