DeepL CEO: staying private has "a lot of advantages" right now

DeepL CEO Jarek Kutylowski downplayed reports of a near-term IPO, saying public markets are tricky for AI companies, especially with OpenAI and Anthropic expected to list. He said being private offers stability and "quite a lot of advantages" at the moment.

• Kutylowski called public markets a "pretty tricky place" for AI firms
• He cited upcoming OpenAI and Anthropic IPOs and market turmoil
• DeepL had reportedly explored an IPO as early as this year
• The company also discussed its Mixhalo acquisition and AWS move