Tuesday, November 5, 2024

LILT Wins 2023 Global Generative AI Award

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LILT, the leading AI solution for enterprise translation and content creation, was announced as a winner in the Business Sector in the 2023 Global Generative AI Awards. LILT has been celebrated for a “pioneering application of generative AI that has driven business growth, optimized operations, and improved customer experiences across various industries and geographies.”

“In 2023, our product velocity and customer adoption accelerated meaningfully,” said Spence Green, CEO of Lilt. “We’re proud to be setting a new standard in enterprise AI, and the Global Generative AI Award validates the impact that our enterprise and government customers are now realizing with Generative AI through the use of our innovative solution.”

LILT Generative AI Innovation
LILT pioneered the use of generative AI and LLMs with contextual learning for enterprise localization. It was the first to deliver an enterprise scale product of this type and has many years of operational experience deploying advanced AI in enterprise workloads.

Also Read: TiER1 Impact Launches New Generative AI Venture, Synthoni

In 2023, LILT released several innovative features within its Generative AI platform including:

  • V3 Contextual AI models, with 5x greater capacity and 20%+ higher quality
  • LILT Create, a Generative AI solution for multilingual content generation
  • Model Builder, an LLM hub with fine-tuning support for third-party models like Microsoft Translator and OpenAI GPT 3.5.
  • Multi-function AI connectors
  • Enterprise AI controls and data security settings
  • Self-serve data and linguistic asset management
  • Workflow design and deployment

The Global Generative AI Award is a prestigious recognition program that celebrates excellence, innovation, and impact in the application of generative AI. Their mission is to identify and honor organizations and individuals who are utilizing Generative AI technology and harnessing its potential to transform various sectors, improve lives, and create a better future for all. The award assessed nominees on characteristics including innovation and originality, impact and effectiveness, scalability and sustainability, collaboration and knowledge sharing, and ethics and responsible AI.

SOURCE: PRNewswire

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