Deep learning and statistical machine translation
We are living through one of the most decisive moments in machine translation history.
The funding landscape in Europe is changing dramatically: the MosesCore project concluded the series of support projects for the Moses system funded by the European Commission. Now the project has come to an end, Moses as a commercial MT solution is on its own. You can refer to the recent TAUS blog post for more details.
On the other hand, MT is changing. The new deep learning paradigm is on the verge of breaking the quality barrier, which MT opponents have long cited as their main argument.
Source: TAUS Blog