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

A photo accompanying this announcement is available at

Media Contact:
Fiona Habben
Senior Marketing Manager – Global
+61 411 727 592

GlobeNewswire Distribution ID 8831119

JCI urges entrepreneurs to tap into JD200 mln craft sector potential

A Jordan Chamber of Industry (JCI) official has highlighted untapped opportunities for growth in Jordan’s craft sector worth nearly JD200 million, urging entrepreneurs to take advantage of the industry’s vast potential. Speaking to the Jordan News Agency (Petra), JCI’s craft sector representative, Fawaz Shakaa, said that opportunities in the craft sector are split between local production destined for the domestic market and for export to foreign markets, in the food, engineering, chemical, construction, and clothing industries. The craft sector is a crucial component of Jordan’s economy and generates employment. Therefore, he added, we are determined to speed the actual implementation of national programs and activities related to craft establishments to support and promote it in non-traditional regional and global markets. In this regard, Shakaa advocated for offering incentives, special support programs, and incubators for innovative and entrepreneurial ideas for micro-enterprises and projects, in order to strengthen the position of craft businesses within the national economy and the tendency to increase their marketing, administrative, and technical capabilities, Additionally, he urged collaboration and partnerships among government institutions, large businesses, and craft establishments, as well as the inclusion of accurate and thorough data on craft establishments in the national statistics system. This would help identify their needs and better target assistance toward them.

Source: Jordan News Agency

Palestinian killed, 5 injured by Israeli shelling in Gaza

A Palestinian citizen was killed and five others were wounded during the latest Israeli occupation shelling in the Gaza Strip, according to an official Palestinian source. In a statement issued today, the Ministry of Health in the coastal enclave announced that the Israeli escalation in Gaza resulted in the death of a 58-year-old citizen, who succumbed to his wounds, and the injury of 5 others.

Source: Jordan News Agency

Mleiha Archaeological Centre to host Special Penumbral Lunar Eclipse event on May 5

SHARJAH, 2nd May, 2023 (WAM) — Mleiha Archaeological Centre, from Sharjah Investment and Development Authority (Shurooq), is excited to announce a special Penumbral Lunar Eclipse event on Friday, 5 May. The event promises to be an unforgettable experience for visitors of all ages, especially students and sky watching enthusiasts. The Penumbral Lunar Eclipse occurs when the Moon passes through the outer edge of the Earth’s shadow as the Earth moves between the Sun and the Moon, resulting in a subtle darkening of the Moon’s surface, and is considered as an interesting celestial occurrence. The event will run from 8 pm to 10 pm, and will include an introductory lecture to help visitors understand the science behind the Penumbral Lunar Eclipse, followed by night sky activities such as observation of the moon and planets through the advanced state-of-the-art telescopes. After the activities visitors will also have the opportunity to experience a naked-eye observation of the Lunar Eclipse. Over the past few years, Mleiha Archaeological Centre has become increasingly popular as an ideal location for stargazing, thanks to its dark desert skies and clear visibility. The centre has state-of-the-art telescopes that will enable visitors to get a closer look at the Moon, planets, and other celestial objects, and guides who are well known for their astronomical knowledge and expertise. Hazem Hussein

Source: Emirates News Agency (WAM)

e; reports consolidated revenue of AED 13.0 billion in Q1 2023

ABU DHABI, 2nd May, 2023 (WAM) — eand today announced its consolidated financial results for Q1 2023. eand’s consolidated revenues reached AED 13.0 billion. At constant exchange rates, revenue increased by 6.6 per cent. Consolidated net profit recorded AED 2.2 billion while consolidated EBITDA reached AED 6.2 billion, resulting in an EBITDA margin of 48 per cent. In the UAE etisalat by eand recorded 13.9 million subscribers an increase of 6 per cent compared to the same period of last year, The Group’s aggregate subscribers reached 164 million, a YoY increase of 3 per cent. The Group’s focus on expanding its digital offering and launching innovative new solutions and partnerships with leading technology companies around the world as part of its drive to become a global technology player has driven business growth. Through a series of prudent mergers and acquisitions, eand is strengthening its position focused on delivering innovative solutions and driving digital transformation. The financial performance in Q1 2023 further strengthened e and’s global position as the most valuable telecoms brand portfolio in the Middle East and Africa, according to 2023 Brand Finance, while the Group’s largest telecoms brand, etisalat by eand, continued to deliver outstanding innovative services as one of the three top telecoms brands in the world, and retained its position as the strongest telecom brand across all categories in the MEA region. Hatem Dowidar, Group CEO, eand, said: “The Group’s performance in the first quarter indicates growth in the number of subscribers, revenues, and profits in local currencies, but was impacted by the strong fluctuations in the currency exchange rate within the Egyptian and Pakistani markets. This growth can be attributed to the Group’s flexibility and efforts to provide innovative business solutions and the latest technologies to the communities we serve. Furthermore, the Group has succeeded in building unique digital experiences supported by strategic investments, to enhance our business portfolio. “etisalat by eand Egypt and PTCL in Pakistan successfully achieved their strategic goals by enhancing their customers’ digital experience while achieving growth based on local currency revenues, the strong fluctuations in the exchange rates of the Egyptian pound and the Pakistani rupee, coupled with the unprecedentedly high inflation rates in the two markets, have negatively impacted revenues and profits reported in AED. As a result, these effects were evident in the Group’s consolidated results. Hazem Hussein

Source: Emirates News Agency (WAM)