XL8-Streaming Korea Strategic Partnership Targets AI Interpreting & Subtitling Market

AI-based translation and subtitling solution leader XL8 has partnered with Streaming Korea, a company specializing in online live broadcasting, to expand the domestic market for its innovative AI real-time translation subtitling solution 'E...

Feb 18, 2025 - 00:00
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AI-based translation and subtitling solution leader XL8 has partnered with Streaming Korea, a company specializing in online live broadcasting, to expand the domestic market for its innovative AI real-time translation subtitling solution 'EventCAT'. This partnership is expected to be a significant turning point in opening an era of global communication without language barriers. EventCAT, which supports 42 languages, has already proven its excellent performance in various fields such as online meetings, lectures, and broadcasts. It has demonstrated its reliability and technical prowess by successfully providing real-time translated subtitles at major international events including AI SEOUL 2025, the International Climate Industry Expo, Seoul Investor Forum, SK AI SUMMIT, and Bucheon International Fantastic Film Festival. Streaming Korea, which has accumulated unique know-how by undertaking the largest number of live broadcasting projects in Korea, is a company that provides a wide range of live streaming services, including YouTube, metaverse, and untact two-way live broadcasts. Now, the combination of EventCAT's powerful multilingual real-time translation subtitling technology and Streaming Korea's high-quality live broadcasting service is expected to create unprecedented synergy. Both companies plan to actively support domestic companies and institutions to engage more vibrantly on the global stage by strengthening total services for hybrid events, encompassing both online and offline. This is expected to expand the use of real-time multilingual subtitling services not only for international events but also across public and educational institutions, broadcasting companies, and online streaming platforms. EventCAT consists of three main products optimized for various user environments. 'EventCAT OnlineMeeting', which provides real-time translated subtitles on online meeting platforms such as Zoom, Google Meet, and Microsoft Teams, facilitates smooth international collaboration. 'EventCAT Conference', which translates speakers' remarks into real-time subtitles at large-scale international events and seminars, breaks down language barriers, enabling everyone to share information. Furthermore, 'LiveSubs', which provides real-time translated subtitles for live broadcast content such as TV and news, expands communication with global viewers. Jeong Young-hoon, CEO of XL8, stated, "Our collaboration with Streaming Korea will be a groundbreaking opportunity to unleash the endless possibilities of AI-based translation technology in the domestic event and online broadcasting markets," expressing a strong commitment to "fully support more customers to communicate freely without language barriers and strengthen their global capabilities through EventCAT." EventCAT can be flexibly integrated with various platforms, including broadcasts, news, and YouTube live streams, by utilizing XL8's proprietary translation API. Based on this advanced technology, domestic companies and institutions are expected to adopt AI-based multilingual translation technology more easily, thereby solidifying their influence in the global market. This partnership will be an important cornerstone for South Korea's leap forward as a global communication hub.

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