AI & Enterprise
XL8\'s EventCAT tops $1 million in annual sales in 2025, driving profit turnaround
XL8, which specialises in AI for simultaneous interpretation, said on Jan. 26 that annual sales of its real-time AI interpretation and translation solution EventCAT exceeded $1 million in 2025, helped by rising demand for global events. The company said sales rose 1,250 percent from a year earlier and have grown steadily since the product launched in June 2023. It said EventCAT has been used by more than 1,000 global companies and institutions and supports more than 50 languages.