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 natural language processing slator


Investors Shovel Millions into Natural Language Processing Slator

#artificialintelligence

Among the vast business applications of artificial intelligence, Slator has been keeping a close eye on neural machine translation (MT). However, the boundaries between MT and broader tech like natural language processing (NLP) are sometimes fuzzy. The services resulting from these technologies are often adjacent: translation on one side and chatbots on another. In fact, some companies combine them into a single service--multilingual chatbots, for instance. This is why a recent slew of significant funding rounds in the NLP space has caught our attention. In June 2017, Italy-based venture incubator H-Farm acquired language technology services provider CELI, also headquartered in Italy, in a leveraged buyout of 100% of its shares.