As a translation service powered by human translators and accessed via an API, Gengo has a fairly unique business model—an API-as-product that uses the API to engage a human workforce to carry out sophisticated business processes.
Maluuba is a company that has created a patent-pending, voice recognition and language engine. According to Crunchbase, Samsung Ventures funded $2 million to Maluuba in February 2012, and the Maluuba language engine "is a product of two years of advanced research in artificial intelligence, machine learning and linguistics." Yesterday, Maluuba announced the introduction of a preview alpha release of what the company describes as the "first of its kind" natural language understanding API (nAPI).
Google has announced that its neural machine translation system is now generally available via the Google Cloud Translation API. The company also announced that neural machine translation now supports seven new languages including English to and from Russian, Polish, Hebrew, and Arabic.