Cohere and Aleph Alpha merge to create $20 billion AI giant, backed by €13 billion compute bet
Likely Human
Canada’s Cohere and Germany’s Aleph Alpha have signed a definitive merger agreement to create an AI company valued at roughly $20 billion, bringing together two of the most prominent names betting that enterprises and governments want an alternative to consumer-focused AI giants. The combined company will keep the Cohere name and operate from dual headquarters
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