AI stocks are playing a big role in improving computer languages and how they process them. India is a country with more than 10,000+ languages and a diverse culture, which makes communication and sharing important information difficult at times, but AI technology is changing that with its machine translation and is helping to bridge these gaps. AI can also understand local languages and slang.
This technology holds the potential to connect India more and make sure everyone participates. It ensures no one is left behind because of a particular dialect and everyone gets access to all the information.
This is a stepping stone for India’s development, and you can grow your money with a growing India if you look out for these stocks
5 Companies to Keep an Eye On
1. Revera Technology
Revera technology is leading the way in shaping this technology in INDIA. They provide advanced NLP (national language processing) technology and specialize in machine translation content localization and speech recognition, specifically tailored to the many languages spoken in India.
They are focusing on tackling India’s diverse linguistic landscape and offering tools and platforms that can handle multiple languages.
2. Razo.ai
Razo.ai focuses on conversational artificial intelligence. They are known for creating chatbots and virtual assistants that can communicate with users in their preferred language. One of the key features of rezo.ai is that it can hold a conversation in multiple and local languages.
This can help sectors like customer service and lead generation where the user’s preferred language is important for effective communication. They have well-known customers like IndiaMart, Delhivery, Usha, Maruti Suzuki, and many more.
3. Gnani.ai
gnani.ai specializes in speech recognition and is designed specifically to recognize Indian languages. They focus on tackling the problems faced with processing spoken language, which include various dialects and accents. They provide voice-based interfaces and AI assistants to efficiently serve the Indian population.
Gnani’s AI technology strengthens Indian businesses and organizations’ ability to respond to users’s commands and queries. They serve companies like HDFC Bank, MAERSK, Slice, and many more.
4. Indic AI
Indic AI focuses on developing strong NLP solutions for languages with low resources. These languages often lack data in comparison to other widely spoken Indian languages. The primary challenge for this company is to collect data about these languages, which are very scarce. They aim to include a wider range of languages in the digital world.
Indic Ai focuses on bridging the gap between diverse languages and digital accessibility; they have partners like BYJU, Simplilearn, Adda 24/7, etc.
5. Light Information Systems
Light information Sysytem’s main focus is on optical character recognition (OCR), which will help understand various Indian scripts. They are tailored to provide services for e-governance and content creation. A light information system can accurately recognize and convert text written in languages like Tamil, Telugu, Hindi, Bangla, etc. Leveraging OCR technology will help the government with e-documentation and will help them provide services to citizens in their preferred language.
Light Information Systems’ work contributes to enhancing digital accessibility and content creation capabilities in Indian languages.
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