DeepL, the AI-based language translator, raises over $100M at a $1B+ valuation

Artificial intelligence startups, and (thanks to GPT and Open AI) specifically those helping humans communicate with each other, are commanding a lot of interest from investors, and today the latest of these is announcing a big round of funding. DeepL, a startup that provides instant translation-as-a-service both to businesses and to individuals — competing with Google, Bing and other online tools — has confirmed a fundraise at a €1 billion valuation (just over $1 billion at today’s rates).
Cologne, Germany-based DeepL is not disclosing the full amount that it’s raised

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