Cohere acquires, merges with German-based startup to create a ‘transatlantic AI powerhouse’
stay here, Canada-based enterprise AI unicorn, announced on Friday that it will merge with the German-based company Enterprise AI Company aleph alpha. The deal, which has not yet closed, will value the newly formed company at 20 billion dollarsFT reported. Schwarz Group, one of Aleph Alpha’s top backers, will also do so invest $600 million…
