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Cohere to Absorb Aleph Alpha, Backed by Schwarz Group

Cohere to Absorb Aleph Alpha, Backed by Schwarz Group

Canadian AI firm Cohere is taking over Germany’s Aleph Alpha with support from Schwarz Group, aiming to create a sovereign enterprise AI option in Europe. With government backing, the merger seeks to counterbalance a market dominated by U.S. players.

Original headline

Why Cohere is merging with Aleph Alpha