NeuralSpace - voice AI innovation for an inclusive world
by Startacus Admin
The lowdown on NeuralSpace, the Natural Language Processing startup that's on a mission to ensure that people’s access to technology is not limited by their native language.
Anyone who has needed to translate another language into their own has experienced the odd, unnatural results. We get the kind of phrases that get printed on t-shirts and memed.
The problems multiply when it comes to things like colloquialisms or different levels of formality that some languages will have that others do not, and that’s only for the more widely spoken languages - it’s even worse for those with a lower number of speakers, which translation software makes less effort with.
Google Translate is notoriously bad when it comes to this, and there are plenty of alternatives, like DeepL, and the likes of Babel have services to do a better job, but now artificial intelligence is advancing, why not make the most of it?
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London-based AI startup NeuralSpace is building a range of language-based products based on natural language processing, which is a branch of artificial intelligence. These include translation, language recognition, speech-to-text, and transliteration, all as standalone products with the highest degree of accuracy for over 100 languages.
When applying this to business, NeuralSpace can help you to reach a larger audience, better automate customer engagement for a wider range of customers, better moderate apps for things like abusive comments, and better understand the nuances in the customer reactions to your product, among many other benefits.
In mid-September, the University of Edinburgh announced the national and international startups that make up the latest cohort of their artificial intelligence accelerator, supported by NileHQ, Huawei UK, and The University of Edinburgh’s Edinburgh Earth Initiative. NeuralSpace is one of those 12 startups. Just days later, the startup announced that it had successfully completed a Seed round of £2.4 million, with an add-on of £960,000, led by Merus Capital and GoHub, with participation from APX, Techstars, and Verissimo. This funding will help the startup to develop language-mixing models like Arabic-English, and Chinese-English.
We’re getting closer and closer to a future where everyone on the planet can understand and communicate with anyone else with ease, and we look forward to it!
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Published on: 26th October 2022
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