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Alexa Translations Reflects on a Year of Global Conversations and Business Growth in 2023

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TORONTO, Dec. 7, 2023 /CNW/ – As the year draws to a close, Alexa Translations, a leading provider of innovative translation services to the legal, financial, and securities industries, proudly looks back on months marked by remarkable achievements, groundbreaking technological advancements, and continued business growth.

 

Throughout 2023, Alexa Translations has remained steadfast in its commitment to breaking language barriers worldwide. With a mission to foster global conversations and enhance connectivity and collaboration, the company has achieved significant milestones across various fronts, solidifying its position as an industry leader.

CEO, Gary Kalaci, encapsulated the essence of the remarkable year, stating, “At the intersection of translation and technology lies endless potential. Our dedication to overcoming language barriers has not only facilitated global discourse but has also paved the way for business expansion, strategic partnerships, platform innovations, and groundbreaking advancements that anticipate and fulfill our clients’ needs.”

Key Highlights of Alexa Translations’ Year in Review 2023:
Alexa Translations A.I. 4.0

In a landmark update, Alexa Translations unveiled the latest version of its Alexa Translations A.I. – Version 4.0. This update introduced groundbreaking features such as the A.I. Optimizer, Adaptive Translations and AT Anywhere, among others, aimed at optimizing workflows, ensuring translation accuracy, bolstering security, fostering collaboration, and enhancing overall efficiency within – and beyond – the Alexa Translations A.I. platform.

Strategic Partnerships

Throughout the year, Alexa Translations continued to forge new partnerships aimed at supporting organizations committed to breaking boundaries and making a positive impact globally. Collaborations with esteemed organizations such as The Outlaw Ocean Project, War Child Canada, JA Americas, Women General Counsel Canada, Women in Governance, and the Canadian Bar Association underscore the company’s commitment to fostering goodwill and connectivity.

Integration Innovations

Alexa Translations expanded its integrations, offering seamless integration with popular platforms such as iManage and Microsoft Outlook to enhance user experience and accessibility. This year also saw the launch of an A.I.-infused collaboration with Transifex to empower the users of each platform with the option for effortless and cost-effective content localization, enabling them to serve clients worldwide. AT Anywhere, which is part of the Version 4.0 release, enables users of the Alexa Translations A.I. platform to access its functionality wherever they’re working without needing to import documents or copy and paste text into the platform.

Podcast Success

With nearly 20 episodes recorded since launch, the Firing on All SyllablesTM podcast has become a platform for insightful conversations with industry experts who contribute valuable insights that anyone can learn from. Some of the esteemed guests who have been featured over the course of the year include Dr. Samantha Nutt, Denis Giangi, Bindu Cudjoe, and Laurie Lanoue, among others. Topics covered from one episode to the next range from how they got started in their careers to tips for staying positive in the face of adversity – and everything in between!

Accolades and Sponsorships

The company’s growth trajectory continues to be acknowledged through prestigious awards, including the Readers’ Choice Award from Canadian Lawyer Magazine (for an impressive seventh time) and the third consecutive win at the Canadian Business Excellence Awards.

Alexa Translations was also proud to sponsor key industry events such as OTTIAQ, The Legal Innovation Forum, the Canadian Capital Markets Forum, Counselwell Summit, and others.

Educational Initiatives

Alexa Translations aims to fulfill its role as an industry thought leader while facilitating knowledge-sharing by hosting and co-hosting educational webinars that feature industry experts on critical topics. The topics covered this year included The Impact of 96 on Contractual Law, The Best Practices of Multilingual Litigation, Everything You Need to Know about Bill 96 and C-13, Mastering Business Development for Lawyers: Strategies for Success, and the Foundations of A.I. in Machine Translation certification course, which is now available free of charge at www.AlexaTranslations.com/course.

Global Expansion

The Alexa Translations team also expanded to over 150 employees globally, with plans for new office locations to further extend its expert services worldwide.

As Alexa Translations reflects on the accomplishments of 2023, Gary Kalaci went on to express his gratitude, acknowledging the invaluable support of clients and partners, as well as each and every member of the Alexa Translations team. He added, “I am immensely proud of our 2023 achievements and am confident that the positive momentum will persist as we anticipate an exciting 2024.”

Looking ahead to next year, the company is poised for further growth and innovation, promising:

Further updates to Alexa Translations A.I. for an enhanced user experience and industry-leading features.Continued global expansion to meet the evolving needs of clients on a global scale.More collaborative events, webinars, and educational courses.Enhanced security measures to maintain the highest standard of excellence.

Whatever the New Year holds in store for the Alexa Translations team, one thing is for sure: it promises to be a good one.

About Alexa Translations:

Alexa Translations provides award-winning translation services and artificial intelligence language solutions for the world’s largest and most prestigious legal and financial industries. Since its founding, Alexa Translations has been a trusted translation partner that provides consistent, quality translation services to help clients meet their business goals. Alexa Translations’ translators are professional and certified subject matter experts with specific expertise and in-depth industry knowledge.

For more information, visit: alexatranslations.com

SOURCE Alexa Translations

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Tulufan, Xinjiang: For the first time, a new energy plant and station has achieved “all-green electricity” operation

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25 mins ago

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September 20, 2024

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TULUFAN, China, Sept. 20, 2024 /PRNewswire/ — On September 19, employees of State Grid Tulufan Electric Power Supply Company came to State Power Investment Zhongli Tenghui Qiquanhu Photovoltaic Power Station to provide comprehensive technical support and guidance for new energy enterprises.

Seven wind power and photovoltaic power generation enterprises, including Xinjiang Jize Power Generation Company in Tulufan, have obtained 6.035 million KWH of grid electricity by purchasing 6,035 “green certificates” to achieve “green electricity – green electricity” and achieve green energy use in the whole link of new energy power generation.

The green power certificate, referred to as “green certificate”, is the only certificate that identifies the production and consumption of renewable energy power. Promoting the all-green operation of new energy power generation is an important measure to promote the green consumption of renewable energy.

“Before, we were just ‘producers’ of green electricity. Now the buyers of green certificates have become green electricity consumers, and the production process is fully green.” Qiquan Lake photovoltaic power station inspection officer Forzati Dilishati said.

Since the launch of the green electricity and green certificate market, State Grid Tulufan Electric Power Supply Company has actively promoted green electricity trading, promoted the supply of green electricity and green certificates in multiple scenarios, promoted the rapid promotion and popularization of related services in Tulufan, and helped build a new power system.

In the first eight months of this year, the cumulative volume of green electricity transactions in Xinjiang reached 1.174 billion KWH, 93.83 times that of the whole year of 2022.

 

View original content:https://www.prnewswire.com/apac/news-releases/tulufan-xinjiang-for-the-first-time-a-new-energy-plant-and-station-has-achieved-all-green-electricity-operation-302253902.html

SOURCE State Grid Tulufan Electric Power Supply Company

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KuCoin’s Alicia Kao Shares Insights on How AI is Accelerating Mass Crypto Adoption at TOKEN2049 Singapore

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25 mins ago

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September 20, 2024

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VICTORIA, Seychelles, Sept. 20, 2024 /PRNewswire/ — Alicia Kao, Managing Director at leading global cryptocurrency exchange, KuCoin, shared her vision on how crypto exchanges are the drivers that hold the keys to unlocking mainstream crypto adoption. Speaking at the OKX Main Stage at TOKEN2049 in Singapore on a panel session titled “Exchanges at the Helm: Driving Crypto from Niche to Mainstream,” Alicia shared that “accessing information about blockchain has become significantly easier…at KuCoin, we leverage complex data analysis algorithms using our trading bots to help users trade more efficiently.”

Industry stakeholders from all groups were in attendance for the panel, comprising investors, crypto enthusiasts, and more. The focus was on the crucial role of cryptocurrency exchanges in paving the way for crypto adoption and the eventual integration of digital assets into mainstream financial systems. Alicia and her fellow panelists explored both the challenges and opportunities that lay ahead for the crypto industry.

Alongside Alicia, the panel also featured leaders from leading crypto exchanges such as Ben Zhou, Co-Founder and CEO of Bybit; Gracy Chen, CEO of Bitget; Vivien Lin, Chief Product Officer of BingX; and Sonia Shaw, President of CoinW, and moderated by Michael Casey, Chairman of the Decentralized AI Society.

In addition to the panel discussion, KuCoin cemented its position as a leading centralised exchange (CEX) with a prominent presence on the show floor and activations that showcased the platform’s latest developments. The KuCoin Arcade also drew significant attention, offering an engaging and immersive experience with interactive crypto-themed games and activities.

“As we wrap up another edition of TOKEN2049 in Singapore, I’m once again filled with optimism for the future of the crypto industry. The energy, innovation, and collaboration displayed over the past two days have been immensely inspiring. At KuCoin, we will continue striving to be the driving force in this ever evolving space to build a more inclusive, decentralised, and prosperous financial future” added Alicia as TOKEN2049 concluded.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.

 

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/kucoins-alicia-kao-shares-insights-on-how-ai-is-accelerating-mass-crypto-adoption-at-token2049-singapore-302253908.html

SOURCE KuCoin

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PayPal Ventures Reinforces Support of Chaos Labs with Additional Investment

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25 mins ago

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September 20, 2024

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SINGAPORE, Sept. 20, 2024 /PRNewswire/ — Today, PayPal Ventures, the global venture capital arm of PayPal, announced an additional investment in Chaos Labs, an industry leader in onchain risk management. This investment underscores PayPal Ventures’ confidence in Chaos Labs’ potential and their blockchain products.

Chaos Labs’ recent launch of Edge, a new decentralized oracle protocol, has garnered significant attention within the industry. Edge has already secured a remarkable $30B over the last 2 months and has been adopted by leading exchanges such as Jupiter, the top perpetuals exchange on Solana, and GMX, the leading exchange on Arbitrum.

Edge offers a comprehensive, low-latency oracle solution, combining accurate price data with actionable market intelligence. Its advanced architecture ensures the security and efficiency of DeFi applications while providing insights into market dynamics and security risks. Edge monitors the market for specific risk signals, performs the offchain data parsing and computation, and outputs one actionable data point.

Omer Goldberg, CEO and Founder of Chaos Labs, said, “We’re excited to receive the strong confidence and additional support from the PayPal Ventures team. Edge by Chaos is the culmination of our entire company’s work and expertise. Edge Price, Risk, and Proofs deliver meaningful and unmatched contextualized risk and price data for assets including stablecoins and other real-world-assets, in addition to the crypto assets and venues that provide access to them.”

Last month, Chaos Labs announced a $55 million Series A funding round led by Haun Ventures, including prominent new investors such as F-Prime Capital, Slow Ventures, and Spartan Capital, and existing investors including PayPal Ventures. Chaos Labs has experienced significant growth, tripling its customer base and securing billions in trading volume, loans, and incentives.

PayPal Ventures’ investment aligns with PayPal’s ongoing commitment to the blockchain ecosystem. In May 2024, PayPal launched its stablecoin, PYUSD, on the Solana blockchain.

Amman Bhasin, Partner at PayPal Ventures, said, “Our continued investment in Chaos Labs reflects our belief in their vision to create a safer crypto ecosystem and move more financial services on chain. Chaos Labs has emerged as a leading risk authority in the sector and we are thrilled to witness their evolution as they launch innovative products like Edge to mitigate oracle vulnerabilities.”

Chaos Labs will receive the total investment in PYUSD on-chain. A simulation will be shown live on-stage on September 20th at the annual Solana Breakpoint conference in Singapore.

About Chaos Labs

Chaos Labs leads the blockchain risk management industry with innovative solutions for the evolving onchain financial landscape. Chaos Labs enables protocols to verify stability across all market conditions, merging offchain observability with onchain risk parameter adjustments. Backed by leading venture capital firms, Chaos Labs continues to set new standards for security and responsiveness in onchain finance. Founded in 2021, Chaos Labs is headquartered in New York City.

About PayPal Ventures

PayPal Ventures is the global corporate venture arm of PayPal. We invest for financial return in companies at the forefront of innovation in fintech, commerce enablement, digital infrastructure, and crypto/blockchain technologies. Through the expertise, experience, and vast network of PayPal Ventures – and the companies we invest in – we are helping to bring transformative solutions to market faster. For more information, please visit: www.paypal.vc 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/paypal-ventures-reinforces-support-of-chaos-labs-with-additional-investment-302253911.html

SOURCE Chaos Labs, Inc.

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