Source: VIQ Solutions Inc.
  • VIQ Solutions (VQS) has signed an agreement to expand its end-to-end solution suite through the purchase of the AI-powered media technology platform, Carbon
  • The Carbon platform will enhance the creation of indexed, captioned video/audio elements utilizing AI-generated text in a fast, secure, self-serve platform
  • Carbon is a cloud-based media content and text workflow platform
  • Users of the platform can utilize internal resources or send for a professional verbatim production by VIQ’s experienced teams
  • VIQ Solutions is a global provider of secure, AI-driven, digital voice and video capture technology and transcription services
  • VIQ Solutions Inc. was up 4.478 per cent, trading at $1.40 at 11:06 AM ET

VIQ Solutions (VQS) has signed an agreement to expand its end-to-end solution suite by purchasing the AI-powered media technology platform, Carbon.

The Carbon platform will enhance the creation of indexed, captioned video/audio elements utilizing AI-generated text in a fast, secure, self-serve platform designed to cut production costs and timelines.

Carbon is a cloud-based media content and text workflow platform which was developed to address broadcast production needs, including administrative controls for organizations with complex workflows and a need for a high level of security.

Users of the platform can utilize internal resources or send for a professional verbatim production by VIQ’s experienced teams.

“We continuously look for ways to enhance and strengthen our Media offering and are excited to close the acquisition, which will add the highly regarded Carbon platform to our portfolio,” stated Susan Sumner, President and Chief Operating Officer, VIQ Solutions.

“The platform will bolster the offering and will transform how journalists work, creating a real-time and collaborative process to speed complex projects,” she added.

“With more than two decades of experience serving journalists, VIQ Media continues to be at the forefront of what’s next in the industry,” said Elizabeth Pennell, SVP Global Operations, VIQ Solutions.

“By creating a self-serve, self-controlled environment, the Carbon AI-powered workflow will have a profound impact on the ease and speed of production and delivery of broadcast content globally, ” she added.

VIQ Solutions is a global provider of secure, AI-driven, digital voice and video capture technology and transcription services.

VIQ Solutions Inc. was up 4.478 per cent, trading at $1.40 at 11:06 AM ET.


More From The Market Online

BlackBerry expands AI-powered cybersecurity service

BlackBerry (TSX:BB) releases the new and expanded CylanceMDR, a managed detection and response tool backed by its Cylance AI platform.

Qualcomm stock jumps on Q2 2024 earnings

Qualcomm (NDAQ:QCOM) shares rise nearly 10 per cent early Thursday on better-than-expected adjusted earnings and strong revenue guidance.

Fobi AI could address a market in the trillions: Why it’s time to buy

Fobi AI (TSXV:FOBI) is an essential stock to consider to capitalize on the exponential trends of digital wallets and artificial intelligence.