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Ai-Media Unveils AI-driven LEXI 3.0: The Future of Live Automatic Captioning

LEXI 3.0

Introducing the latest release LEXI, the world’s most advanced automatic captioning solution. With cutting edge features and unmatched accuracy, LEXI revolutionizes automatic captioning to deliver results that rival human captions at a fraction of the cost.

SYDNEY, Australia, May 03, 2023 (GLOBE NEWSWIRE) — Ai-Media, the global leader in professional captioning solutions, is proud to announce the launch of LEXI 3.0, the new and improved version of its flagship live automatic captioning solution. With cutting-edge enhancements and new features, LEXI 3.0 is the world’s most accurate and advanced automatic captioning solution, delivering results that rival human captions at a fraction of the cost.

Independent audits confirm that LEXI 3.0 consistently delivers results with 35% fewer recognition, formatting, and punctuation errors than the previous version.

Critically, LEXI 3.0 introduces new automated features, including speaker identification and AI-powered caption placement to avoid on-screen interference. Average quality results have increased significantly from 98.2% to 98.7% NER with this release.

LEXI 3.0 is an affordable on-demand solution perfect for live captioning a wide range of content types – from linear TV broadcast, OTT, Live Sports, and live streams, to meetings, events, lectures, and more.

Ai-Media’s Co-Founder and CEO, Tony Abrahams, said:

“20 years in the making, we’ve finally cracked the holy grail of making live automatic captioning a reality. LEXI 3.0 is a game-changer. We’re seeing accelerating adoption of automatic captioning driven by a significant increase in quality, reduction in latency, and release of new AI features that previously required manual intervention, such as speaker changes and placement of captions to not obscure important visuals.

“LEXI 3.0 is available immediately for existing Ai-Media customers at no additional cost and is delivered with any iCap Encoder (hardware, Alta, and Falcon) connected to Ai-Media’s iCap Cloud Network.”

To learn more about LEXI 3.0, click here.

About Ai-Media

Founded in Australia in 2003, technology company Ai-Media is a global leader in the provision of high-quality live and recorded captioning, transcription, and translation solutions. The company helps the world’s leading broadcasters, enterprises, and government agencies ensure high accuracy, secure and cost-effective captioning via its AI-powered LEXI automatic captioning solution and end-to-end range of captioning hardware. Globally, Ai-Media technology delivers 7 million minutes of live and recorded media content, online events, and web streams every month. Ai-Media (ASX: AIM) commenced trading on the ASX on 15 September 2020. For more information on Ai-Media please visit Ai-Media.tv.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0907bea0-b62d-4701-9a16-a712c101c4fe

Media Contact:
Fiona Habben
Senior Marketing Manager – Global
+61 411 727 592
fiona.habben@ai-media.tv

GlobeNewswire Distribution ID 8831119

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General

JCI urges entrepreneurs to tap into JD200 mln craft sector potential

A Jordan Chamber of Industry (JCI) official has highlighted untapped opportunities for growth in Jordan’s craft sector worth nearly JD200 million, urging entrepreneurs to take advantage of the industry’s vast potential. Speaking to the Jordan News Agency (Petra), JCI’s craft sector representative, Fawaz Shakaa, said that opportunities in the craft sector are split between local production destined for the domestic market and for export to foreign markets, in the food, engineering, chemical, construction, and clothing industries. The craft sector is a crucial component of Jordan’s economy and generates employment. Therefore, he added, we are determined to speed the actual implementation of national programs and activities related to craft establishments to support and promote it in non-traditional regional and global markets. In this regard, Shakaa advocated for offering incentives, special support programs, and incubators for innovative and entrepreneurial ideas for micro-enterprises and projects, in order to strengthen the position of craft businesses within the national economy and the tendency to increase their marketing, administrative, and technical capabilities, Additionally, he urged collaboration and partnerships among government institutions, large businesses, and craft establishments, as well as the inclusion of accurate and thorough data on craft establishments in the national statistics system. This would help identify their needs and better target assistance toward them.

Source: Jordan News Agency

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General

Palestinian killed, 5 injured by Israeli shelling in Gaza

A Palestinian citizen was killed and five others were wounded during the latest Israeli occupation shelling in the Gaza Strip, according to an official Palestinian source. In a statement issued today, the Ministry of Health in the coastal enclave announced that the Israeli escalation in Gaza resulted in the death of a 58-year-old citizen, who succumbed to his wounds, and the injury of 5 others.

Source: Jordan News Agency

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General

On the World Press Freedom Day .. Al-Halbousi confirms his support for the freedom and independence of the press

Parliament Speaker Muhammad Al-Halbousi affirmed his support for the freedom and independence of the press.

Al-Halbousi said in a tweet on Twitter on the occasion of World Press Freedom Day: We highly appreciate the journalists in our country who work sincerely to provide reliable information and news, and we remember the sacrifices they made for the truth. We support the freedom and independence of the press, because it is a basic and important right in laying the foundations of democracy.

Source: National Iraqi News Agency

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General

Turkmenistan plans to launch a transport corridor linking it with Iran, Iraq and Turkey

Turkmen President Seradar Berdymukhamedov said today, Wednesday, that his country plans to launch a transport corridor linking Turkmenistan, Iran, Iraq and Turkey.

“In the future, a transport corridor will be launched from east to west that will connect Turkmenistan, Iran, Iraq and Turkey,” Berdimuhamedov said, at the Second International Conference “International Transport and Transit Corridors: Interaction and Development 2023” in the capital, Ashgabat, according to the Neytralny Turkmenistan newspaper.

He added that the construction of the highway and bridge across the “Karabogaz-Kul” Gulf between Turkmenistan and Kazakhstan will greatly increase partnership in transport, trade and circulation between the two countries.

He explained that a highway linking the eastern and central parts of Turkmenistan would provide Uzbekistan with access to the international sea port on the Caspian Sea, and from there to the Caucasus, Europe, southern Russia, northern Iran, the Gulf states, and the Strait of Hormuz via sea routes.

Source: National Iraqi News Agency

Categories
General

The Popular Mobilization arrested a wanted terrorist in Hawija

A force from the intelligence of the 61st Brigade affiliated to the Kirkuk and East Tigris Operations Command of the Popular Mobilization Forces arrested a wanted terrorist, according to Article 4, in Hawija district.

A statement by the Popular Mobilization Authority stated: This came during a joint security operation carried out by the force in the village of Al-Aziziyah in the Hawija district, where it was able to arrest the wanted terrorist (M.N.A.), against whom an arrest warrant has been issued since 2017 according to Article 4 of terrorism, and the necessary measures were taken against him.”

Source: National Iraqi News Agency

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General

Despite the truce… a violent explosion rocked the center of the Sudanese capital, Khartoum

A violent explosion shook the center of the Sudanese capital, Khartoum, and smoke rose in the vicinity of the Republican Palace, despite the established truce between the Sudanese army and the Rapid Support Forces, according to Al-Jazeera satellite channel.

Source: National Iraqi News Agency

Categories
General

One person killed and two others wounded in an armed conflict southeast of Baghdad

A security source announced that a person was killed and two others were wounded in an exchange of gunfire in the Kargholiya area, southeast of Baghdad.

Source: National Iraqi News Agency