Aleph Alpha, the leading provider of explainable and trustworthy Generative Artificial Intelligence (AI) applications, has today announced the successful signing of its Series B financing round. With a consortium of seven new investors, including the likes of Innovation Park Artificial Intelligence (Ipai), Bosch Ventures, Schwarz Group, Christ&Company Consulting, Hewlett Packard Enterprise, SAP and Burda Principal Investments, Aleph Alpha raised more than 500 million US Dollars.
The funds will be invested in category-defining research on foundation models, advanced product capabilities for business-critical environments and commercialization with key partners. This strategic investment will strengthen the German and European AI position for the development of sovereign AI.
CEO and founder of Aleph Alpha, Jonas Andrulis, commented: “With this latest investment, we will continue to enhance our capabilities and enable our partners to be at the forefront of this technological development. To empower customers, Aleph Alpha will continue to expand its offerings while maintaining independence and flexibility for customers in infrastructure, cloud compatibility, on-premise support and hybrid setups. The ongoing developments will extend interfaces and customization options tailored to business-critical requirements. For customers with a significant responsibility and in strategic environments where sovereignty is at risk, we will remain the best option.”
Dr. Tanja Rückert, Member of the Board of Management and Chief Digital Officer of Robert Bosch GmbH, added: “Aleph Alpha will shape the future of Generative AI and set new standards for this key technology. As such, Aleph Alpha is a perfect fit with our sovereign Cloud and Cyber Security offerings STACKIT and XM Cyber. This technology will enable us to further optimize our digital services – both for the companies of Schwarz Group and our external customers.”
Heidelberg-based Aleph Alpha has raised more than half a billion US Dollars in its Series B financing round, enabling them to further advance their proprietary AI research, accelerate development and commercialization of Generative AI for the most complex and critical applications.
Aleph Alpha, the leading provider of explainable and trustworthy Generative Artificial Intelligence (AI) applications, has today announced the successful signing of its Series B financing round, led by a consortium of seven investors including the Innovation Park Artificial Intelligence (Ipai), Bosch Ventures, Schwarz Group, Christ&Company Consulting, Hewlett Packard Enterprise, SAP and Burda Principal Investments. With a total of more than 500 million US Dollars, the financing round will be invested in research, product capabilities for business-critical environments and commercialization with key partners.
Jonas Andrulis, CEO and founder of Aleph Alpha, commented: “With this latest investment, we will continue to enhance our capabilities and enable our partners to be at the forefront of this technological development. To empower customers, Aleph Alpha will continue to expand its offerings while maintaining independence and flexibility for customers in infrastructure, cloud compatibility, on-premise support and hybrid setups. The ongoing developments will extend interfaces and customization options tailored to business-critical requirements. For customers with a significant responsibility and in strategic environments where sovereignty is at risk, we will remain the best option.”
Dr. Tanja Rückert, Member of the Board of Management and Chief Digital Officer of Robert Bosch GmbH, added: “Aleph Alpha will shape the future of Generative AI and set new standards for this key technology. As such, Aleph Alpha is a perfect fit with our sovereign Cloud and Cyber Security offerings STACKIT and XM Cyber. This technology will enable us to further optimize our digital services – both for the companies of Schwarz Group and our external customers.”
This significant investment enables Aleph Alpha to further advance their proprietary AI research, accelerate development and commercialization of Generative AI for the most complex and critical applications. This will help to strengthen the German and European AI position for the development of sovereign AI.
Heidelberg-based Aleph Alpha has successfully raised more than 500 million US Dollars in its Series B financing round, led by a consortium of seven investors. This strategic investment will help to strengthen the German and European AI position for the development of sovereign AI, while enabling Aleph Alpha to further advance their proprietary AI research, accelerate development and commercialization of Generative AI for the most complex and critical applications.
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