Comment by paimapi

4 days ago

Looks like approx 7 years ago was DeepL's first Series A - https://tracxn.com/d/companies/deepl/__mTFDDSjOlFbUE5DY_w1NW... - they got funding from btov and Benchmark

Benchmark is very AI-pilled: https://www.entrepreneur.com/business-news/ai-is-replacing-j... and is very bullish on it, too: https://gtmnow.com/benchmark-ai-startup-investing-chetan-put...

it also looks like DeepL went from using a CNN engine to an LLM in 2024 (coinciding with its $2 billion valuation and Series C) which is likely why it seems to hallucinate a lot more now: https://en.wikipedia.org/wiki/DeepL_Translator#Translation_m...