This chapter is dedicated to bifunctional derivatives associating Al with P‐ or N‐containing Lewis bases. The synthesis and structure of these Lewis pairs/ambiphilic derivatives are described (presence or not of P/N → Al interactions). Both unimolecular and bimolecular compounds are considered. Their reactivity towards small molecules (CO
2
, alkene, alkynes, isocyanides, amine‐boranes, BX
3
, hydrides, and so on) including catalytic transformations are then presented. The synthesis and reactivity of transition metal complexes deriving from Al/P ambiphilic ligands are also presented. Whenever possible, the Al‐compounds are compared to their lighter B congeners.