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DeepL, the renowned German AI-translation startup, has made waves in the technology world with the announcement of a staggering $300 million investment and a remarkable valuation of $2 billion. The investment round was led by prominent venture capital firm Index Ventures, further solidifying the company's position as a leader in the rapidly evolving field of artificial intelligence.

As businesses increasingly seek specialized and precise solutions in the translation sector, DeepL has emerged as a standout player, with its function-specific AI models setting it apart from general-purpose AI such as OpenAI's ChatGPT. This latest funding round serves as a testament to the growing demand for cutting-edge AI technology and the confidence investors have in DeepL's innovative approach.