From TechCrunch
By Mike Butcher
November 6, 2023
German AI startup Aleph Alpha has raised a Series B funding round of $500 million from a consortium of seven new investors, as well as existing investors from previous rounds. Founded in 2019, Aleph Alpha’s funding may be dwarfed by that of Microsoft-backed OpenAI ($11.3 billion), but the startup makes great play of the fact […]
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OpenAI Startup Fund raises $44M in its largest SPV yet
The OpenAI Startup Fund, the early-stage AI investor affiliated with OpenAI, recently disclosed in a financial filing that it has raised over $44 million for its fifth Special Purpose Vehicle (SPV) — its biggest so far. Launched in 2021, the Fund has an unusual structure. It uses OpenAI’s name, but says OpenAI is not an investor. Originally legally controlled by OpenAI cofounder and CEO Sam Altman, it has raised money from outside LPs, including Microsoft, a big OpenAI backer, and “other OpenA
Dec 9, 2024
German LLM maker Aleph Alpha pivots to AI support
Europe doesn’t have many large language model (LLM) makers but one of these rare AI beasts — Germany’s Aleph Alpha — appears to be preparing to rule itself out of the running, per Bloomberg, which has an interview with CEO Jonas Andrulis on its pivot to a broader generative AI-support play. The idea with a product it unveiled last week, called PhariaAI, is to help other companies or the public sector use AI tools regardless of whether it made the underlying tech. “The world changed,” Andrulis
Sep 5, 2024
Anthropic raises $450M to build next-gen AI assistants
Anthropic, the prominent generative AI startup co-founded by OpenAI veterans, has raised $450 million in a Series C funding round led by Spark Capital. Anthropic wouldn’t disclose what the round valued its business at. But The Information reported in early March (and as confirmed by us when we were leaked the pitch deck for the […]
May 23, 2023
German startup Aleph Alpha raises $27M Series A round to build Europe's OpenAI
With Microsoft now being an investor in OpenAI the field is more open for new insurgents into the open-source AI arena. Now a German company hopes to take that mantle in Europe.
Jul 27, 2021
OpenAI Startup Fund raises $44M in its largest SPV yet
The OpenAI Startup Fund, the early-stage AI investor affiliated with OpenAI, recently disclosed in a financial filing that it has raised over $44 million for its fifth Special Purpose Vehicle (SPV) — its biggest so far. Launched in 2021, the Fund has an unusual structure. It uses OpenAI’s name, but says OpenAI is not an investor. Originally legally controlled by OpenAI cofounder and CEO Sam Altman, it has raised money from outside LPs, including Microsoft, a big OpenAI backer, and “other OpenA
Dec 9, 2024
German LLM maker Aleph Alpha pivots to AI support
Europe doesn’t have many large language model (LLM) makers but one of these rare AI beasts — Germany’s Aleph Alpha — appears to be preparing to rule itself out of the running, per Bloomberg, which has an interview with CEO Jonas Andrulis on its pivot to a broader generative AI-support play. The idea with a product it unveiled last week, called PhariaAI, is to help other companies or the public sector use AI tools regardless of whether it made the underlying tech. “The world changed,” Andrulis
Sep 5, 2024
Anthropic raises $450M to build next-gen AI assistants
Anthropic, the prominent generative AI startup co-founded by OpenAI veterans, has raised $450 million in a Series C funding round led by Spark Capital. Anthropic wouldn’t disclose what the round valued its business at. But The Information reported in early March (and as confirmed by us when we were leaked the pitch deck for the […]
May 23, 2023
German startup Aleph Alpha raises $27M Series A round to build Europe's OpenAI
With Microsoft now being an investor in OpenAI the field is more open for new insurgents into the open-source AI arena. Now a German company hopes to take that mantle in Europe.
Jul 27, 2021
