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DeepL, the Germany-based startup that’s been leading the way on AI translation technology, yesterday released its next-generation model. The company was valued at $2 billion in a recent funding round and has made quite a splash in the translation subset of the AI boom, stating that its technology is already used by over 100,000 businesses, governments, and other organizations. But believe it or not, this is DeepL’s first model to be based on the large language model technology that’s underlined the AI hype and just about every AI product out there.