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
[email protected]

GlobeNewswire Distribution ID 8831119

PM lauds FO, other organizations for safely evacuating Pakistanis stranded in Sudan

Prime Minister Muhammad Shehbaz Sharif has commended the Foreign Office team and other organizations for successfully and safely evacuating over one thousand Pakistanis stranded in Sudan.

In a tweet, he said given the prevailing conditions in Sudan, it was certainly a herculean task which was made possible due to timely and coordinated response.

The Prime Minister also appreciated Pakistan Air Force for its role in the evacuation effort.

He also thanked the friendly counties Saudi Arabia and China for their crucial help in accomplishment of the repatriation mission.

Source: Radio Pakistan

Govt Announces Big Relief for Islamabad and Punjab’s Car Owners

The number of Islamabad and Punjab-registered cars is rising across Pakistan. Considering that, the Punjab government has decided to offer relief to car owners from these regions.

The Director General (DG) of the Punjab Excise and Taxation Department, Muhammad Ali, has introduced a new policy allowing Islamabad-registered car owners to access inspection services in Punjab and vice versa.

This will offer convenience to vehicle owners and distribute inspection centers across multiple locations to reduce the backlog. The practical implementation and potential challenges of this policy remain to be seen.

The DG added that this action was taken as per the Supreme Court’s orders. A mobile application has been developed for verifying vehicle registration and chassis numbers in Punjab and Islamabad, he stated.

The DG further said,

This project is very important because there are a large number of vehicles with Islamabad number in Punjab and one has to go to Islamabad to change the ownership of the vehicle so this is a big relief for the citizens provided by the government in view of the extremely expensive fuel expenditures.

He highlighted that physical inspection will be available in Lahore, Faisalabad, Multan, and Bahawalpur. He added that the relevant staff has been trained thoroughly to ensure the successful execution of this project.

Source: Pro Pakistani

3G/4G Users in Pakistan Near 125 Million

The number of 3G and 4G users in Pakistan increased by 0.69 million from 124.16 million by end-February to 124.85 million by end-March, Pakistan Telecommunication Authority (PTA) data revealed.

The number of cellular subscribers in Pakistan increased from 193.85 million by end-February to 194.12 million by end-March. The Monthly Next Generation Mobile Service (NGMS) penetration increased from 52.58 percent by end-February to 52.79 percent by end-March.

The broadband penetration increased from 53.92 percent by end-February to 54.13 percent by end-March. The cellular teledensity has declined from 82.1 percent by end-February to 82.08 percent by end-March. Total teledensity decreased from 83.2 percent by end-February to 83.17 percent by end-March.

Jazz’s total count for 3G users declined from 4.736 million by end-February to 4.626 million by end-March registering a decrease of 0.11 million. Jazz 4G users jumped from 42.544 million by end-February to 42.916 million by end-March.

Zong 3G subscribers decreased from 2.661 million by end-February to 2.643 million by end-March, while the number of 4G users increased from 32.096 million by end-February to 32.312 million by end-March.

Telenor 3G subscribers decreased from 2.980 million by end-February to 2.939 million while the number of 4G users of Telenor increased from 22.932 million by end-February to 22.996 million by end-March.

Ufone 3G users stood at 2.811 million by end-March compared to 2.844 million by end-February. The number of 4G users of Ufone increased from 11.925 million by end-February to 12.170 million by end-March, registering a 0.245 million increase during the period under review.

Source: Pro Pakistani