On May 7, 2026, DeepL SE, the Cologne-based AI translation company founded in 2017 by Jarek Kutylowski, announced the elimination…
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ElevenLabs Hits $550M as DeepL Cuts 250 Jobs and Europe’s Tech Scene Raises €1.4 Billion in a Month
ElevenLabs expanded its Series D funding round to over $550 million, adding BlackRock, Nvidia, and Jamie Foxx as investors. Meanwhile,…
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German AI translation startup DeepL to axe 250 staff
DeepL, the German AI translation startup, is cutting around 250 staff, about a quarter of its headcount, stateing it was…
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DeepL CEO On AI Competition And Europe’s Future
Lisbon , Portugal – 12 November 2025; Jaroslaw Kutylowski, CEO & Co-Founder, DeepL on Centre Stage during day two of…
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DeepL Eyes $5B Valuation in Potential US IPO
German artificial-innotifyigence translation company DeepL SE is weighing an initial public offering in the U.S., a shift that could value…
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