German Generative AI company Aleph Alpha announced it has successfully raised more than $500 million in a Series B funding round. 

The investment is led by the Innovation Park Artificial Intelligence (Ipai), Bosch Ventures, and the companies of Schwarz Group, Europe’s largest retailer and owner of Lidl and Kaufland.

Aleph Alpha was founded in 2019 to research and build the foundational technology for an era of strong AI. It deploys transformative AI like large language and multimodal models

ALEPH ALPHA – AI for Enterprises and Governments (aleph-alpha.com)