At the end of 2022, the Californian company OpenAI introduced the artificial intelligence (AI) ChatGPT. Today, 100 million people use the AI service several times a week. Never before has an Internet offering been so successful in such a short space of time. OpenAI was temporarily valued at 86 billion dollars (around 79 billion euros), a success also for the software company Microsoft, which invested 13 billion dollars (twelve billion euros) in the startup and is now its main owner.
There is a gold fever in the global economy that has not been experienced since the dawn of the Internet age: industrialized nations, investors and corporations are investing billions upon billions in AI development because they expect it to produce unprecedented leaps in productivity.
Jonas Andrulis, the head of the Heidelberg AI company Aleph Alpha, one of the two leading AI companies, explains how Germany, and especially the European counterpart to OpenAI, can assert itself in the global struggle for position and weight in the new flagship discipline of business of the continent. His new head of strategy, Jan Hiesserich, is also being discussed for the first time.
WELT: Mr. Andrulis, Baden-Württemberg's Prime Minister Winfried Kretschmann described Aleph Alpha as a “bearer of hope in Europe”, Robert Habeck speaks of an “insane success story”. Two months ago you also completed a spectacular financing round. What company valuation is the basis for trading and how large is your own share?