German AI startup, hope of Europe, cites ‘existential danger’
Europe's hope to rival OpenAI, Aleph Alpha, may have just raised close to 500 million euros ($534 million) from investors this week, but its co-founder said Friday the start-up was in a battle to even survive.An alliance of investors, including the Lidl owner Schwarz group, Bosch, SAP and Hewlett Packard Enterprises, pumped 467 million euros into the German-based artificial intelligence company this week. Prior to the cash injection, the company of 60 employees founded in 2019 only had capital of 28 million euros. But…