Language AI leader DeepL establishes US tech hub, targets Fortune 500

Language translator DeepL today announced its continued momentum and investment in the US with the opening of its first US Tech Hub in New York City. 

DeepL’s new New York office will serve as its US technology hub, with a focus on accelerating research and product development to bolster its market leadership in the region and provide enhanced support for its rapidly-growing network of US business customers, which includes partnerships with 50 per cent of the Fortune 500 and leading companies across multiple industries like Morningstar Inc., Zendesk, Coursera and more. 

Recognising the strong, diverse tech expertise and talent pool in New York City, DeepL is actively hiring for local product and engineering roles, and aims to double the size of the hub within the next 12 months.. 

Alongside this milestone, the company also announced two expert additions to its C-suite team: Sebastian Enderlein as Chief Technology Officer and Steve Rotter as Chief Marketing Officer. 

“Launching DeepL’s first US tech hub in New York City positions us at the centre of one of the largest talent pools in the market and brings us closer to our customers, including many Fortune 500 companies,” said Jarek Kutylowski, CEO and Founder, DeepL.

 “This hub will drive our focus on product innovation and engineering, empowering us to deliver cutting-edge language AI solutions that help our clients scale and break down language barriers.”

“With AI on everyone’s mind right now, what drew me to DeepL is its commitment to purpose-driven technology –- DeepL isn’t just developing AI for its own sake; it’s addressing real-world challenges, particularly the critical issue of language barriers that affect nearly every business and person today,” said Sebastian Enderlein, CTO, DeepL. 

“The combination of this mission, the ambition of the DeepL team, and the company’s focus on remaining at the cutting-edge of AI all make for a massively exciting opportunity. I look forward to diving in and collaborating to continue to push the boundaries of Language AI in the US and worldwide.”

“As a marketer, I’ve seen firsthand how language can make or break a business. In a world where clarity and consistency can set a brand apart, language barriers are a major obstacle to growth,” said Steve Rotter, CMO, DeepL. 

Since its inception in 2017, DeepL’s rapidly-expanding global customer network now includes over 100,000+ businesses, governments and other organisations worldwide.

This announcement is the latest milestone during a period of significant growth and momentum for DeepL. The company just unveiled updates to its Glossary feature and unveiled its next-generation large language model (LLM), which outperforms GPT-4, Google, and Microsoft for translation quality, setting a new standard for personalisation, accuracy and performance. 

DeepL also raised $300 million of new investment at a $2 billion valuation in May.

By Tech.eu

Source: Tech.eu