AI R&D and deployment firm Aleph Alpha has raised €23 million in a new funding round. The Heidelberg-based company produces large-scale, multilingual, AI models that are designed to serve any number of applications. The funding is expected to further accelerate the development of these models, with the higher goal of securing European AI technology digital sovereignty. To date, the firm has raised €28.3 million.
Founded in 2019, Aleph Alpha’s work includes strategy, vision, and GPT-3-like text models, and supports both public and private sector institutions in updating legacy systems as well as moving the needle forward through the development of new data-based business models.
The company is committed to transparent innovation, establishing relationships with open-source communities including Eleuther.ai and academic institutions such as TU Darmstadt. With this approach, Aleph Alpha is seeking to ensure that the future of AI technology does not remain in the hands of the few, but the many.
“Aleph Alpha’s mission is to enable the accessibility, usability, and integration of large, European multilanguage and multimodal AI models following the likes of GPT-3 and DALL-E, driving innovation for the explainability, alignment, and integration,” commented CEO and founder Jonas Andrulis.
The Series A round was led by Earlybird VC, Lakestar, and UVC Partners, as well as existing investors LEA Partners, 468 Capital, and Cavalry Ventures.
“Aleph Alpha’s ‘world models’ are a new breed of meta learners that ‘learn’ how to learn. Once trained, these deep learning models are able to truly disrupt every IT-based workflow ranging from document search over content writing to programming,” commented Earlybird’s Dr. Hendrik Brandis.
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