Cohere and Aleph Alpha merge into a $20B transatlantic AI company
Cohere’s shareholders will receive approximately 90% of the combined entity; Aleph Alpha’s shareholders approximately 10%, making this effectively a Cohere acquisition in merger framing. The German...
Source: TNW | Business
Cohere’s shareholders will receive approximately 90% of the combined entity; Aleph Alpha’s shareholders approximately 10%, making this effectively a Cohere acquisition in merger framing. The German government is set to become an anchor customer. Both digital ministers attended the Berlin announcement. Cohere, the Toronto-based enterprise AI company, and Aleph Alpha, the Heidelberg-based German AI startup, […] This story continues at The Next Web
