Kotlin is a programming language created by JetBrains that compiles as quickly as Java. It was announced in 2011 and version 1.0 was released in 2015. Kotlin supports features like extension functions, higher-order functions, destructuring declarations, and null safety. It is interoperable with Java and can increase productivity by writing less code in a safer way. Major companies and frameworks like Google, Spring, and IntelliJ have adopted Kotlin.