Aleph Alpha, a European rival to OpenAI, is in talks amid AI boom to raise up to $100 million in new funding, sources say
Generative-AI startup Aleph Alpha is in talks with investors over a new funding round, sources said.Founded in 2019, the company wants to be Europe's answer to OpenAI.
Aleph Alpha, a German generative AI startup, is in talks with investors over a new funding round, Insider has learned. The startup, based in Heidelberg, Germany, is talking to a number of top-tier VC investors over a round that could be as much as $100 million, four sources familiar with the matter told Insider.
It comes amid a wave of investor hype in the AI market after US startup OpenAI released ChatGPT, based on its GPT-3.5 language model which was trained on Azure, to the public in November.
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