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German giants pour over $500 million into Aleph Alpha

Aleph Alpha GmbH has raised more than $500 million from a number of industrial giants and financial investors. The start is competing against OpenAI and Google. Schwarz Group and the venture arm of Robert Bosch GmbH joined a group of seven new investors in the financing round, which included SAP SE and US software firm Hewlett Packard Enterprise, the company said in a statement on Monday.

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