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Stockreport

Now valued at $2 billion, can startup DeepL beat Big Tech on AI language translation? [Yahoo! Finance]

Apple Inc. (AAPL)  More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
nearly seven-fold in three years as it tries to maintain its edge over deep-pocketed big tech companies. The German startup, which recently raised $300 million on a $2 billion valuation, pioneered the AI technology that will help create a world where language barriers hardly matter. On Wednesday, it announced it's adding 165 new markets for its translation product for businesses in Asia, Africa, Europe, and the Americas. But Apple, Amazon, Google, Microsoft, and Meta are all investing in similar technology. They also have an edge in the consumer market. Phones, earbuds, smart speakers, and other products could be the translation interfaces of the future. As hardware and software improves, real-time translation on those devices could soon become a reality. In an interview with Semafor, DeepL co-founder and CEO Jarek Kutylowski said the only answer is to continually get better, faster. “It's all about the pace of innovation,” he said. “We've been able to convince our customers o [Read more]
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Now valued at $2 billion, can startup DeepL beat Big Tech on AI language translation? [Yahoo! Finance]

Apple Inc.  (AAPL) 
More Company Research Source: Yahoo! Finance
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
nearly seven-fold in three years as it tries to maintain its edge over deep-pocketed big tech companies. The German startup, which recently raised $300 million on a $2 billion valuation, pioneered the AI technology that will help create a world where language barriers hardly matter. On Wednesday, it announced it's adding 165 new markets for its translation product for businesses in Asia, Africa, Europe, and the Americas. But Apple, Amazon, Google, Microsoft, and Meta are all investing in similar technology. They also have an edge in the consumer market. Phones, earbuds, smart speakers, and other products could be the translation interfaces of the future. As hardware and software improves, real-time translation on those devices could soon become a reality. In an interview with Semafor, DeepL co-founder and CEO Jarek Kutylowski said the only answer is to continually get better, faster. “It's all about the pace of innovation,” he said. “We've been able to convince our customers o [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS