Deeptech/Artificial Intelligence/Podcast/ Meet Europe’s biggest competitor to OpenAI — Startup Europe, The Sifted Podcast Aleph Alpha has built a generative AI model that’s even bigger than its Silicon Valley-based rival — with a fraction of the funding By Steph Bailey 12 February 2023 \Deeptech UK government should have intervened in DeepMind, says EF’s Matt Clifford By Eleanor Warnock 24 March 2023 Deeptech/Artificial Intelligence/Podcast/ Meet Europe’s biggest competitor to OpenAI — Startup Europe, The Sifted Podcast Aleph Alpha has built a generative AI model that’s even bigger than its Silicon Valley-based rival — with a fraction of the funding By Steph Bailey 12 February 2023 👉 Listen to Startup Europe on Apple Podcasts 👉 Listen to Startup Europe on Spotify 👉 Other places to listen This week on Startup Europe — The Sifted Podcast, we chat about the biggest things coming out of Europe’s tech and startup sector. We kick off with the news that the German government has announced a new €1bn fund for deeptech and climate tech growth-stage companies. With this, we discuss the announcement of a new science, innovation and technology department within the UK government, which seems to be “good news for startups” according to one policy expert. Next, we talk about a growth-stage deeptech raise that happened this week. Exotrail, a French company, raised $58m in Series B funding to continue making propulsion systems for satellites. Then we move to Greece to talk about an Athens-based startup that raised €5m to scale its tech platform for farmers. Before our interviews, we discuss findings from a new report that looked at the experiences of LGBTQ+ founders — namely that the vast majority of LGBTQ+ founders don’t feel comfortable sharing their identity with investors. Then we’re joined by Jonas Andrulis, founder and CEO of Aleph Alpha, Europe’s answer to OpenAI, that’s built a generative AI model that’s even bigger than its Silicon Valley-based rival — with a fraction of the funding. Lastly, we are joined by our reporter Kai Nicol Schwartz, who this week has been lifting the lid on one of Europe’s most taboo tech sectors — sextech. Related Articles Europe’s AI weaknesses could matter less in generative world, says Insight Partners By Tim Smith Click here to read more Fintech, talent and IPOs: France’s plan to overtake London after Brexit By Marie Mawad in Paris Click here to read more Mapillary takes on Google Street View By Mimi Billing Click here to read more Coronavirus: Which startups are winning and losing? By Kitty Knowles Click here to read more Most Read 1 \Startup Life UK government to reform ‘equity for visas’ residency application system 2 \Fintech Is Revolut really worth $33bn right now? 3 \Startup Life Techstars unexpectedly pulls out of Sweden mid-programme 4 \Deeptech The other funding gap: it’s not just unicorns that are leaving Europe 5 \Deeptech ‘There’s going to be a bloodbath’ — is generative AI a bubble?