German LLM maker Aleph Alpha pivots to AI support

Date:

Share post:


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 told Bloomberg. “Just having an European LLM is not sufficient as a business model. It doesn’t justify the investment.”

Aleph Alpha raised a $500 million Series B round last November. But with category giants like OpenAI having far beefier war chests to fuel development — and, closer to home, France’s Mistral has also raked in more investor cash — the German startup had its work cut out to stay in the LLM fight.



Source link

Lisa Holden
Lisa Holden
Lisa Holden is a news writer for LinkDaddy News. She writes health, sport, tech, and more. Some of her favorite topics include the latest trends in fitness and wellness, the best ways to use technology to improve your life, and the latest developments in medical research.

Recent posts

Related articles

Threads adjusts its algorithm to show you more content from accounts you follow

After several complaints about its algorithm, Threads is finally making changes to surface more content from people...

Spotify tests a video feature for audiobooks as it ramps up video expansion

Spotify is enhancing the audiobook experience for premium users through three new experiments: video clips, author pages,...

Candela brings its P-12 electric ferry to Tahoe and adds another $14M to build more

Electric passenger boat startup Candela has topped off its most recent raise with another $14 million, the...

OneRail’s software helps solve the last-mile delivery problem

Last-mile delivery, the very last step of the delivery process, is a common pain point for companies....

Bill to ban social media use by under-16s arrives in Australia’s parliament

Legislation to ban social media for under 16s has been introduced in the Australian parliament. The country’s...

Lighthouse, an analytics provider for the hospitality sector, lights up with $370M at a $1B valuation

Here is yet one more sign of the travel industry’s noticeable boom: a major growth round for...

DOJ: Google must sell Chrome to end monopoly

The United States Department of Justice argued Wednesday that Google should divest its Chrome browser as part...

WhatsApp will finally let you unsubscribe from business marketing spam

WhatsApp Business has grown to over 200 million monthly users over the past few years. That means there...