Tuesday, September 10, 2024

Smartcat, which provides AI-powered translation tools for businesses, raised a $43M Series C led by Left Lane Capital, bringing its total funding to $70M (Kyle Wiggers/TechCrunch)

Kyle Wiggers / TechCrunch:
Smartcat, which provides AI-powered translation tools for businesses, raised a $43M Series C led by Left Lane Capital, bringing its total funding to $70M  —  Can AI ever fully replace translators?  Not likely.  AI translations tend to lack the lexical richness of their human-translated counterparts …



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London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series A, sources say at a $500M+ post-money valuation (Ingrid Lunden/TechCrunch)

Ingrid Lunden / TechCrunch : London-based Tessl, which is building an AI to write and maintain code, raised $125M across seed and Series ...