AI company DeepL launches self-governing AI agents
DeepL, the German-based translation service founded by Jaroslaw Kutylowski in 2017, has made significant strides in the tech industry. With a valuation of two billion US dollars following a second larger funding round in May 2024, the company is now a formidable player in the market.
DeepL recently opened a new location in the USA and entered into a Europe-wide distribution agreement with Bechtle. This expansion is part of DeepL's mission to provide innovative solutions to a global audience.
One such innovation is the DeepL Agent, an autonomous AI agent designed to optimize and automate many business processes. Currently in the beta phase with selected customers, the DeepL Agent operates within the digital environment of each user and responds to natural language commands.
The AI agent moves seamlessly between the tools and workflows of users, gathering insights for sales teams, automating the processing of invoices in the finance department, and handling the translation and approval of documents for localization. The DeepL Agent can understand, plan, and execute a wide range of tasks, making it a versatile tool for businesses.
With around 1,000 employees, DeepL is used by around 200,000 companies and authorities and millions of private customers in 228 markets worldwide. However, the company faces strong competition from chatbots like ChatGPT and Google Gemini in the translation market.
Despite the competition, Jaroslaw Kutylowski, the CEO and founder of DeepL, is confident in the capabilities of the DeepL Agent. He stated that the agent can handle almost any task that a human can perform with the help of computer systems. The DeepL Agent also continuously improves its own performance over time, setting it apart from its competitors.
DeepL's latest innovation, the DeepL Agent, is set to revolutionize the way businesses operate, offering a more efficient and streamlined approach to workflow management. As DeepL continues to grow and innovate, it is clear that this company is shaping the future of AI in business.
