Technology Magazine October 2022 | Page 146

DeepL Translator
Moonpay

TOP 10 04

DeepL Translator

Launched in 2017 , DeepL Translator is a German AI company that strives to overcome language barriers through AI .
Its neural networks ( NN ) are able to capture nuances and reproduce them in translation . Since its launch , the company has been developing a new generation of NN using a novel design . With this design , DeepL ’ s networks learn to grasp the subtle meanings of sentences and translate them to a target language in an unprecedented way .

“ Since its launch , the company has been developing a new generation of NN using a novel design ”

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Moonpay

MoonPay launched in 2019 with the aim to increase cryptocurrency adoption . It set out to create a secure software solution that would enable people from all over the world to participate in a digital revolution .
Founded by Ivan Soto-Wright and Victor Faramond , the fintech offers a user-friendly solution to enable global users to manage their cryptocurrency trading and investments .
In November 2021 , the company closed its Series A funding round at US $ 555mn , bringing its total valuation to US $ 3.4bn .
146 October 2022