Stay Tuned!

Subscribe to our newsletter to get our newest articles instantly!

Tech News

CIBC Innovation Banking Provides €12m Financing Package to Language Technology Business Phrase


LONDON–(BUSINESS WIRE)–July 19, 2023–

CIBC Innovation Banking announced today that it has provided €12m in debt financing to Phrase, a global cloud-based localisation software provider, headquartered in Prague, that helps brands localise and translate content more efficiently and manage the end-to-end process at scale. Phrase will use the funds to further develop the next generation of AI-driven language technology.

Launched in 2010 to provide translation and localisation technology to…



Source link

Avatar

Techy Nerd

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Tech News

3 ways businesses can strike the ideal marketing and IT balance

We’re seeing two schools of thought emerge on how best to leverage data in the digital media landscape. The first
Software Tech News

Build Smart Biolinks with AI: Introducing the AI Biolink Creator

AI powered content for Bio Links and Marketing.