Europe's shot for Artificial General Intelligence 🇪🇺🤖 -- Why we invested in Aleph Alpha

We are excited to have co-led the € 23 million Series A financing round of Heidelberg-based Aleph Alpha together with our friends at Lakestar, UVC and existing investors LEA Partners, 468 Capital and Cavalry Ventures. The exceptional team around AI-serial-entrepreneur Jonas Andrulis and co-founder Samuel Weinbach research, develop and operationalise a new generation of huge and powerful AI like GPT-3, DALL-E or MuZero to maintain European sovereignty for Artificial General Intelligence (AGI). Andrew Ng, one of the leading AI experts stated in 2017: "AI is the new electricity" -- but is it really? Today, narrow AI -- models that are trained to perform one very specific task like chess or solving equations on or above human level -- have automated the development of Covid-19 vaccines, autonomous driving, the creation of music, perfumes, and a lot more. Yes, AI has led to mind boggling results but to fully gauge its potential, I'd like to put things into context: If humanity would have existed an equivalent of 1 day (to represent 300k years) and electricity for 1 minute (to represent 200 years), then narrow AI would be around for about 5 seconds (representing less than two decades).