An index of frontier and emerging AI labs.
Enterprise LLMs
European sovereign-AI lab; pivoted from frontier model training to enterprise AI tooling in 2024. Announced merger with Cohere in April 2026, becoming part of a transatlantic sovereign AI entity at a combined ~$20B valuation, backed by Schwarz Group's €500M.
| Name | Aleph Alpha |
|---|---|
| Space | Enterprise LLMs |
| Founded | 2019 |
| Latest valuation | $3B |
| Stage | — |
| Status | active |
| HQ | Heidelberg |
| Founders | Jonas Andrulis, Samuel Weinbach |
| Website | https://aleph-alpha.com |
| Careers | https://aleph-alpha.com/join-our-mission/ |
| — | |
| X / Twitter | — |
| Date | Round | Amount ($M) | Valuation | Confidence |
|---|---|---|---|---|
| — | — | — | $3B | reported |
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| Date | Type | Title | Source |
|---|---|---|---|
| 2026-06-03 | added | Aleph Alpha added to tracker Latest valuation: $3B. | — |
No sources cited.
| Lab | Valuation | Founded |
|---|---|---|
| Cohere | ~$7B | 2019 |
| Writer | $1.9B | 2020 |
| AI21 Labs | $1.4B | 2017 |
| Fundamental | $1.2B | 2024 |