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You might think new generative AI startups like Eleven Labs are the hottest game in town for translation services. But voice translation was long ago preceded by another market, targeted some time ago by startups: content translation. Any company with an international presence needs to have their content translated around the world, so this remains a big market. This was evidenced by the $106 million raised to date by the likes of Unbabel in Portugal (which last raised $60 million).
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You might think new generative AI startups like Eleven Labs are the hottest game in town for translation services. But voice translation was long ago preceded by another market, targeted some time ago by startups: content translation. Any company with an international presence needs to have their content translated around the world, so this remains a big market. This was evidenced by the $106 million raised to date by the likes of Unbabel in Portugal (which last raised $60 million).
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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