Aleph Alpha

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SAP invests directly in three AI startups: Cohere, Anthropic and Aleph Alpha

πŸ“… Date:

✍️ Author: Carl Franzen

πŸ”– Topics: Funding Event

🏒 Organizations: SAP, Cohere, Anthropic, Aleph Alpha

German enterprise software giant SAP is putting skin into the AI game. The company today announced it has directly invested in three AI startups: Cohere, Anthropic (maker of the Claude 2 LLM service) and Aleph Alpha.

As for why SAP chose these three gen AI startups to invest in over any others: β€œAll three companies β€” Aleph Alpha (Germany), Anthropic (U.S.) and Cohere (Canada) are each recognized for industry leadership, innovation, and a unique vision for advancing AI and the potential to transform industries. And with our overarching approach to foster an open ecosystem of Business AI, we believe that SAP should give customers choice and are proud to invest in each of them.”

Read more at Venture Beat