SAP Makes Strategic Investments in Several AI Companies to Further its Vision of Business AI

SAP announced it is making strategic direct investments in three leading generative AI companies, furthering its commitment to deliver Business AI that’s relevant, reliable, and responsible.

The investments in Aleph Alpha GmbH, Anthropic PBC, and Cohere reinforce SAP’s open ecosystem approach to AI, leveraging the best technology to embed AI across the SAP portfolio, according to the company.

They build on a series of AI partnerships and enterprise use cases announced in May. They complement a more than $1 billion commitment to invest in AI-powered enterprise technology startups from Sapphire Ventures LLC announced last week.

“We are at a watershed moment, with generative AI poised to fundamentally change how businesses run,” said Sebastian Steinhaeuser, chief strategy officer, SAP. “SAP is committed to creating an enterprise AI ecosystem for the future that complements our world-class business applications suite and helps our customers unlock their full potential.”

Aleph Alpha, Anthropic and Cohere are generative AI market leaders with unique potential to transform entire industries.

Aleph Alpha GmbH is a Germany-based company that has built a sovereign, full-stack, generative AI solution focused on complex and critical enterprise use cases. The company focuses on interoperability, data privacy and security, offering both AI as a service as well as multi-cloud and on-premise installation. SAP previously announced Aleph Alpha as an SAP partner participating in the SAP PartnerEdge program on the “Build” track.

Anthropic PBC is a San Francisco–based AI safety and research company developing AI systems that are helpful, honest, and harmless. Anthropic’s AI assistant, Claude, uses a “constitutional” approach—it interacts with users based on a set of Anthropic-designed principles centered on reliability and safety. Claude helps users with a range of tasks, including generating answers, coding, automating workflows and processing text—from editing and rewriting to summarizing, classifying and more—within the context of natural conversations.

Cohere is a leading enterprise AI company headquartered in San Francisco and Toronto, with a key research center in London. Its world-class technology is tailored for business needs, with a focus on ease of use, accessibility, security, and data privacy. The technology unlocks a more intuitive way to generate, search, and summarize information.

SAP’s AI strategy includes direct investments, a significant increase in research and development for additional AI use cases and third-party partnerships, such as those with Microsoft, Google Cloud, and IBM announced in May.

With the investments announced, SAP deepens its commitment to generative AI built responsibly and designed to help businesses run better, according to the company. SAP also accelerates AI innovation by integrating startups into SAP’s partner ecosystem through the SAP.iO Foundries program, its in-house accelerator. Sapphire Ventures, a global software venture capital firm, is backed by SAP and is dedicating over US$1 billion to fund AI-powered enterprise technology startups.

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