Cohere to acquire German AI company Aleph Alpha
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Cohere is acquiring Aleph Alpha in a deal aimed at customers uneasy about the dominance of American companies in artificial intelligence.
Cohere CEO and co-founder Aidan Gomez Big Event Media/Getty Images Canadian AI startup Cohere has struck a deal to acquire German peer Aleph Alpha, as the push for sovereign AI systems accelerates. The deal,
Cohere and Aleph Alpha, two trusted sovereign AI providers for governments and regulated industries, today announce their plan to join forces. This transatlantic alliance would combine Cohere's global AI scale with Aleph Alpha's strong research excellence and deep institutional relationships,
Aleph Alpha is set to merge with Canada’s Cohere in a deal that will bring together Cohere’s global AI clout and Aleph Alpha’s background in research. The two companies hope they will be able to develop an AI powerhouse, with backing from their Canadian and German ecosystems