The Rise and Pivot of Germany’s One-Time AI Champion (Correct)

Very few startups have raised enough money to build and support powerful generative AI models. Germany’s Aleph Alpha appeared to be one of them. Late last year, it touted an investment in excess of $500 million from the country’s industrial giants and one of its richest tycoons, cementing it as Europe’s greatest hope in developing advanced AI independent of Silicon Valley.

Now, it’s exiting that race.

Last week, Aleph Alpha announced a new strategy centered around its latest product, PhariaAI, an “operating system for generative AI.” It’s effectively software to help corporate and government clients use AI chatbots and tools, ...