DeepL targets AI translation for enterprises with fresh $100 million

Check out all the on-demand sessions from the Intelligent Security Summit here. Seeking to target enterprise customers with AI language translation, Cologne, Germany-based DeepL announced a new funding raise that public reports estimate at well over $100 million. Language translation is an increasingly critical function for enterprises working across geographies and different demographics. Basic language translation capabilities have been available on for decades -- for example, services such as Google Translate. But the challenge has been enabling more advanced translation for business use cases that capture not just the literal meaning but the right tone and context.