Aleph Alpha Adapts Strategy: German LLM Maker Now Supports AI
Alpha, a unique European AI company, is shifting its focus from competing in the LLM race to offering generative AI support services. This is because CEO Jonas Andrulis knows it will be challenging to keep the European LLM business model going.
Large language models (LLMs) are rare in Europe, but Aleph Alpha is one of these rare AI beasts. Bloomberg interviewed Aleph Alpha’s CEO Jonas Andrulis about the company’s move to a broader generative AI-support play. It appears that Aleph Alpha is getting ready to rule himself out of the race.
PhariaAI, the company’s new product, aims to assist other businesses or the government in utilizing AI tools, despite not having developed the underlying technology.
He told Bloomberg, “The world changed.” “As a business model, having a European LLM is not enough.” It’s not worth the money spent.
Another $500 million was raised by Alpha in November of last year. But big names in the field, like OpenAI, have much bigger war chests to fund research and development.
Closer to home, Mistral in France has also raised more money from investors, so the German startup had its work cut out to stay in the LLM race.