US EditionGermany's Deepl Mulls Us Ipo
6 Articles
6 Articles
German AI language platform DeepL is exploring a potential U.S. IPO.
AI-Powered Translation Platform DeepL Considers US IPO
Germany-based DeepL, which provides an artificial intelligence-powered translation platform, is reportedly considering an initial public offering in the United States. The company has talked with potential advisers and could launch an IPO as soon as next year, seeking a valuation of as much as $5 billion, Bloomberg reported Thursday (Oct. 2), citing unnamed sources. The talks are ongoing and the details could change, according to the r…
DeepL Eyes $5B Valuation in Potential US IPO
German artificial-intelligence translation company DeepL SE is weighing an initial public offering in the U.S., a move that could value the firm at as much as $5 billion and intensify competition in the booming language-technology sector. People familiar with the matter told Bloomberg that the Cologne-based startup has held preliminary discussions with potential advisers about a listing as early as next year, though no final decisions have been …
DeepL founder Jarek Kutylowski apparently has his sights set on the next growth step: According to a report, the Cologne-based translation start-up has extended its feelers toward the New York Stock Exchange – with potentially considerable company value.
Sources: German AI language platform DeepL held initial talks over a US IPO, and may seek an up to $5B valuation; DeepL raised $300M at a $2B valuation in 2024
Bloomberg: Sources: German AI language platform DeepL held initial talks over a US IPO, and may seek an up to $5B valuation; DeepL raised $300M at a $2B valuation in 2024 — German artificial intelligence language platform DeepL is exploring a potential initial public offering in the US, according to people familiar with the matter.
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
