Cohere and Aleph Alpha merge to create $20 billion AI giant, backed by €13 billion compute bet - Tech Startups

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 […] The post Cohere and Aleph Alpha merge to create $20 billion AI giant, backed by €13 billion compute bet first appeared on Tech Startups.