The European tech community received news of the investment with some enthusiasm.
The thought of having our own sovereignty in the AI sector is extremely important, Habeck said.
If Europe has the best regulation but no European companies, we havent won much.
Transparency, traceability, and sovereignty
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Notably, all but a small contribution from Hewlett Packard came fromEuropeaninvestors or grants.
Furthermore, the former has secured over 11bn in funding.
The project is supported by theDieter Schwarz Foundation, which also participated in Aleph Alphas latest funding round.
Meanwhile, Germanys is not the only government looking to shore up domestic generative AI capabilities.
Story byLinnea Ahlgren
Linnea is the senior editor at TNW, having joined in April 2023.
Dabbles in gaming and fitness wearables.
But first, coffee.
