Canadian AI startup Cohere has agreed to take over Germany’s Aleph Alpha in a deal valuing the combined group at around $20bn, banking on both country’s desire for “sovereign” AI systems independent of the US.
Analysis
April 24, 2026
Aleph Alpha strikes $20bn merger deal with Canada’s Cohere
German investor Schwarz Digits to invest $600m in new transatlantic entity
2 min read
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