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moves money Tech.eu September 21, 2026

DeepL boss: Being private right now has a "lot of advantages"

DeepL boss: Being private right now has a "lot of advantages"
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The CEO of language translation AI scaleup DeepL has downplayed reports that the company is likely to IPO soon, saying there were a “lot of advantages" to being a private company right now. Speaking on the Tech.eu podcast, Jarek Kutylowski, DeepL CEO and founder, discussed a range of issues including European sovereignty, its acquisition of Mixhalo , its deal with legaltech Harvey , job cuts, and the fallout from its decision to use Amazon Web Services and no longer process data exclusively on i

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