Japan E-book Distributor to Build 'AI Translator' | Language Tech Market News | Scoop.it

Japanese electronic book distributor Media Do plans to develop an artificial intelligence-based #MT system to make its e-books available for English-speaking readers. The company hopes to reach a broader market and promote digitization at a time when Japan's book market is shrinking. Media Do has teamed up with two Tokyo-based AI startups for the project -- Internet Research Institute and A.I. Squared. Media Do will invest about 1.1 billion yen ($9.82 million) to acquire about 20% of each company through a third-party share allotment at the end of this month.