Germany AI TranslationStartups DeepL Recently announced that it has received $300 million in investment,ValuationReaching $2 billion. DeepL is known for its powerful AI technology and has won over 100,000 paying customers.
Jaroslaw Kutylowski, the company's founder and CEO, said that 2022 is the most transformational year for DeepL, proving that its AI language technology plays a key role in helping global companies overcome complex language challenges. DeepL provides free online translation services in 32 languages, and also provides paid translation software for corporate users.
Founded in 2017, DeepL was initially seen as a serious competitor to Google Translate, but has now stood out against giants such as OpenAI's ChatGPT in the context of the booming generative artificial intelligence technology. ChatGPT has attracted attention in 2022, winning praise for its human-like ability to not only digest complex texts or compose poetry in seconds, but also pass medical exams.
In addition to ChatGPT, there are generative AIs such as DALL-E and Midjourney that can generate images, and some technologies that create sounds based on simple language input. These developments show the potential and wide application of generative AI technology.