How I built $2B AI Translation Startup | DeepL, Jarek Kutylowski

Today's story is about Jarek Kutylowski, the CEO of DeepL. DeepL is a platform that provides high-quality machine translation and AI-based writing tools, supporting multilingual communication for businesses. It was also one of the few companies to develop a product based on AI long before AI became widely popular. Recently, it concluded a fundraising round with a valuation of $2 billion. Jarek, the CEO, moved from Poland to Germany during his childhood. He didn't speak a word of German. Although it was only a few months, Jarek remembers that time vividly. Later, after completing his PhD and working, he discovered that European companies were spending significant amounts due to language barriers. Speed was important to him, and the company grew rapidly. This video contains insights into DeepL's strategy and decision-making to stay ahead of the competition at a fast pace.

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00:00 Intro
00:56 Sponsor
01:47 Chapter 1. An immigrant who couldn't speak German
03:53 Chapter 2. Bridging Language Barriers with AI
08:33 Chapter 3. Speed Matters
11:02 Chapter 4. Choosing the Right AI: General vs. Specialized

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[ardassyt]

It's very exciting to listen to the founders of things I'm already using. ( I have used DeepL )

[inflationking]

I have no clue how they should survive with OpenAI getting way better in translation than DeepL

[thetagang]

such a weird pitch from EO to buy a .tech domain.

[vidya]

Csn it transiate mandarin, hokkian and cantonese!

[williamtendo]

Hi, i built an A.I that lets me post first on YouTube 😊.. #buzzwords🧘🏾‍♂️💫🐝💯🐐🇺🇬