WALLDORF — SAP SE (NYSE: SAP) reaffirms its commitment to advancing Business AI with strategic investments in three prominent generative AI companies. The investments in Aleph Alpha GmbH, Anthropic PBC, and Cohere underscore SAP’s dedication to fostering an open enterprise AI ecosystem, propelling the integration of AI technology across its product portfolio, according to a press release published on EuropaWire .
Sebastian Steinhaeuser, Chief Strategy Officer at SAP SE, highlights the pivotal role of generative AI in reshaping business operations, stating, “SAP is committed to creating an enterprise AI ecosystem that complements our world-class business applications suite and empowers our customers to unlock their full potential.”
SAP’s AI strategy prioritizes relevance, reliability, and responsibility, with over 26,000 customers already benefiting from SAP Business AI across various scenarios and partner solutions. Powered by the SAP Business Technology Platform, SAP’s AI foundation ensures innovation and delivery with the highest standards of security, privacy, compliance, and ethics.
The strategic investments in Aleph Alpha GmbH, Anthropic PBC, and Cohere signify SAP’s dedication to accelerating AI innovation. Aleph Alpha, based in Germany, offers a sovereign, full-stack generative AI solution tailored to complex enterprise use cases. Anthropic, headquartered in San Francisco, focuses on AI safety and research, emphasizing helpful, honest, and harmless AI systems. Cohere, with offices in San Francisco, Toronto, and London, delivers world-class enterprise AI technology prioritizing ease of use, accessibility, and data privacy.
SAP’s partnership with Sapphire Ventures LLC, a global software venture capital firm, further solidifies its commitment to AI-powered enterprise technology startups. Sapphire Ventures’ recent commitment of over $1 billion to invest in AI-powered enterprise startups aligns with SAP’s vision of driving innovation and transformation across industries.