German Giants Invest $500 Million in AI Startup Aleph Alpha
The owner of Lidl, Schwarz Group, is co-leading a $500 million investment in a German artificial intelligence (AI) start-up called Celonis. The funding will be used to fuel Celonis' growth and development of its AI-powered process mining technology, which helps companies analyze and optimize their business processes. Schwarz Group's investment highlights the growing interest in AI technology and its potential to transform various industries.