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Stock impact report

LILT Announces V3.5 Translation Models with Improved Quality [Yahoo! Finance]

WalkMe Ltd. - Ordinary Shares (WKME) 
Company Research Source: Yahoo! Finance
SAN FRANCISCO April 4, 2024 /PRNewswire/ -- LILT , the leading AI solution for enterprise translation and content creation, today announced the platform's newest models, security capabilities, and API enhancements. The 90 minute live virtual event focused heavily on LILT-V3.5, LILT's newest models that leverage reinforcement learning to optimize for content accuracy and fluency. "With LLMs powering our platform at its core, model performance is critical for our business and our customers," said LILT CEO Spence Green . "We're excited to share that we continue to provide industry-leading translation models with best-in-class accuracy and latency." LILT-V3.5 Models LILT's newest-generation LLMs offer improved speed and accuracy, outperforming popular general purpose and translation models including GPT-4, DeepL, and ModernMT. LILT-V3.5 has 6X more parameters than LILT-V2, with inference improvements that have reduced translation times. LILT-V3.5 is based on the transformer archite Show less Read more
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