Unbabel Inc., a language translator that uses artificial intelligence and human editors, has no "specific plans" for an initial public offering at the moment and aims to keep growing independently, Chief Executive Officer Vasco Pedro said.
Preparing for an IPO takes two years, Pedro said in an interview in Lisbon, where the company has its biggest office. Asked about the possibility of Unbabel being involved in a transaction with another firm, the Unbabel co-founder said there are no "specific intentions" of selling the company right now.