Palabra AI translation startup gets funding from Reddit co-founder

AI translation startup Palabra has received investment from Initialized Capital, the venture firm co-founded by Reddit’s Steve Huffman, TechCrunch.com reported.

Palabra aims to deliver fast and accurate translations between multiple languages using artificial intelligence. According to the company, its technology can provide high-quality translations for both text and speech.

The funding will be used to improve the startup’s AI models and expand its ability to offer services internationally.