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Why Cohere is merging with Aleph Alpha

Canadian AI startup Cohere is taking over Germany-based Aleph Alpha with support from Lidl’s owner, Schwarz Group. With the blessing of their governments, the companies intend to offer a sovereign alternative to enterprises in an AI landscape dominated by American players.

Lead: TechCrunch AIBigness: 32coheremergingalephalpha
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Why Cohere is merging with Aleph Alpha
RSS · TechCrunch AI · 19h ago
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Canadian AI startup Cohere is taking over Germany-based Aleph Alpha with support from Lidl’s owner, Schwarz Group. With the blessing of their governments, the companies intend to offer a sovereign alternative to enterprises in an AI landscape dominated by American players.

Cohere to Buy European AI Firm Aleph Alpha, Raise $600 Million from German Backer  The Information