Aleph Alpha Gets >$500M in Series B Round Led by Bosch, Schwarz

German AI firm Aleph Alpha raised >$500m in a series B round from a consortium of investors, according to emailed statement.

• Round led by Innovation Park Artificial Intelligence (Ipai), Bosch Ventures and the companies of Schwarz Group
• Other new investors include Berlin-based Christ & Company Consulting, Hewlett Packard Enterprise, SAP, as well as Burda Principal Investments
• The funding will be invested in research on foundation models, advanced product capabilities especially for business-critical environments plus commercialization with selected key partners
• NOTE: Schwarz, Bosch Invest in AI Startup Aleph Alpha: Handelsblatt
• NOTE: SAP Invests in AI Firms Aleph Alpha, Anthropic, Cohere

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