SAP Makes Direct Investments in Three AI Startups: Cohere, Anthropic, and Aleph Alpha

SAP, a global leader in enterprise application software, recently announced that it has made direct investments in three artificial intelligence (AI) startups – Cohere, Anthropic, and Aleph Alpha.

SAP is looking to advance its industry-leading portfolio of AI-powered business solutions as it moves closer toward its goal of becoming an intelligent enterprise. Each of the three tech startups offers specialized technology relevant to SAP’s next-generation cloud products and services, such as Intelligent Robotic Process Automation (IRPA) and Natural Language Processing (NLP).

Cohere develops cutting-edge AI technologies that offer advanced customer insights. By leveraging data at scale and advanced analytics, Cohere enables companies to drive improved customer experiences and outcomes.

Anthropic’s mission is to make AI-powered decision making decisions available to every organization. Anthropic works with customers across industries to systematically drive better decision-making and operational efficiency through AI-powered data science and machine learning.

Finally, Aleph Alpha provides an AI-driven platform for the development, management, and deployment of large-scale machine learning models. Aleph Alpha’s integrated tools make it easy to build, deploy, and manage AI applications at scale.

SAP’s investments in these three tech startups come as demand for AI-driven applications is on the rise. With these new investments, SAP will have access to technologies that will help it build products that enable organizations to leverage the power of AI to simplify and streamline their operations.

SAP’s investments in Cohere, Anthropic, and Aleph Alpha will ensure that the company can continue to innovate and push the boundaries of what’s possible with AI. This will benefit not just SAP but its customers as well.