Cohere absorbs Aleph Alpha to build a $20B 'sovereign AI' bet — mostly for Europe's benefit
Cohere and Germany's Aleph Alpha are merging into a ~$20B transatlantic 'sovereign AI' champion, anchored by a $600M Schwarz Group commitment. But the 90/10 ownership split tells the real story: this is an acquisition wearing the costume of a European merger.
May 25, 20263 min read
