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SAP Invests in Three Generative AI Startups: Anthropic, Cohere, and Aleph Alpha

SAP, the German consulting giant, has invested in three leading generative AI companies: Anthropic, Cohere, and Aleph Alpha. These investments align with SAP's commitment to supporting AI-powered enterprise tech startups and building an enterprise AI ecosystem that complements its existing business applications suite.

Generative AI is gaining significant traction, and SAP recognizes its potential to fundamentally change how businesses operate. The three investments in Anthropic, Cohere, and Aleph Alpha align closely with SAP's business interests, as they offer sales, service, and commerce-oriented products that can benefit from text-analyzing AI technologies.

Anthropic is developing a versatile AI system called Claude designed to assist with various business-to-business tasks. Cohere provides a generative text platform accessible through an API as a managed service, which can be deployed on virtual private clouds or on-site to meet companies where their data resides. Aleph Alpha specializes in creating and hosting multimodal, multilanguage models with a focus on interoperability, data privacy, and security.

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