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2023-11-07 11:41:05
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German AI Startup Aleph Alpha Secures $500 Million Funding, Plans to Compete with OpenAI
Aleph Alpha, a German AI startup, has completed a $500 million Series B funding round with investments from German companies including SAP and the Schwarz Group. After this funding, Aleph Alpha will strengthen its research capabilities in language models. Committed to the principle of data sovereignty, Aleph Alpha aims to leverage its advantages in Europe and hopes to compete with OpenAI to gain a foothold in the language model space.