SAP invests in generative AI startups Anthropic, Cohere and Aleph Alpha

In case one needed more evidence that there’s a massive appetite for generative AI, SAP, the Germany-based consulting giant, yesterday invested in three major generative AI players: Anthropic, Cohere and Aleph Alpha.
The terms of the direct investments, which weren’t disclosed, build on SAP’s $1 billion-plus commitment to back AI-powered enterprise tech startups from Sapphire Ventures, the enterprise venture capital firm. SAP also recently highlighted several internal AI efforts at its annual Sapphire conference, including a digital assistant in its customer experience toolin

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