DeepL’s IPO Plans Signal New AI Application Era

German startup DeepL is preparing to go public, marking a significant step in the AI application phase. The company, a fast-growing competitor to Google Translate, has reportedly doubled its valuation over the past year to approximately $5 billion. A potential IPO on the New York Stock Exchange could occur as early as 2026. This move represents the third phase of the AI revolution, where companies focus on building AI-powered applications for everyday users and businesses. Currently, most of these companies remain privately held.

DeepL utilizes artificial intelligence to enhance translation accuracy by understanding context more deeply. This capability allows users to edit and customize translations, contributing to its growing popularity and market share. The company's success exemplifies how new AI applications are gradually capturing market share from traditional tech giants, a trend expected to continue in the coming years.

The surge of AI startups and investor interest in AI applications is notable, with some suggesting the sector may be entering a bubble phase. Capital is flowing into ventures with