AI-MEDIA TECHNOLOGIES LTD (AIM) - From Captions to Cloud: AI-Media's Global Tech Revolution

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Artificial intelligence is transforming how we communicate across languages and borders. In this fascinating conversation, Tony Abrahams, co-founder and CEO of AI-Media Technologies Limited, shares the remarkable journey of how a company that began by providing captions for Australian pay TV and has evolved into a global leader in AI-powered media solutions.

Tony reveals how a project to help deaf students access classroom education in real-time became the catalyst for AI-Media's growth. That initiative, launched in 2007, helped increase high school completion rates for deaf students from just 10% to an impressive 90% today. It's this foundation of purpose-driven innovation that has guided the company through partnerships with Facebook and their acquisition of US-based EEG in 2021—a move that helped transition their services from human-assisted to fully automated AI solutions.

The conversation dives deep into AI-Media's ambitious growth strategy targeting $60 million EBITDA by FY29. Central to this plan is their LEXI product family: LEXI Text for captioning, the newly launched LEXI Voice that provides real-time translation across 100+ languages, and LEXI AI that synthesizes organizational knowledge. Tony explains how their unique encoder technology functions as a "fly screen" to filter massive data streams down to essential components, enabling response times of just 33 milliseconds—creating a significant competitive advantage in live media applications where every second counts.