← Back to events
ActiveTech

Cohere and Aleph Alpha agree to merge in reported $20B deal

Photo: SiliconANGLE

What happened

Artificial intelligence startups Cohere Inc. and Aleph Alpha GmbH today signed a merger agreement. The contract formalizes a plan that was first announced in April. Cohere and Aleph Alpha stated at the time that German retailer Schwarz Group GmbH was planning to provide the company with €500 million, or about $573 million, in financing. Last […] The post Cohere and Aleph Alpha agree to merge in reported $20B deal ap…

Summary assembled by rule from the sources below

Sources