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Etiquetas: AI sovereignty

Cohere and Aleph Alpha merge to create $20 billion transatlantic AI company

Cohere and Aleph Alpha merge to create $20 billion transatlantic AI company
Toronto‑based Cohere and Heidelberg‑based Aleph Alpha announced a merger in Berlin that values the combined entity at roughly $20 billion. The deal gives Cohere’s shareholders about 90% of the new firm and Aleph Alpha’s shareholders 10%, effectively making it a Cohere acquisition framed as a merger. German Digital Minister Karsten Wildberger and Canada’s AI and Digital Innovation Minister Evan Solomon attended the launch, underscoring the geopolitical stakes. The German government will serve as an anchor customer, providing early revenue and political backing as the two firms aim to offer a non‑U.S. alternative for enterprise and public‑sector AI services. Leer más

Most Nations Won’t Achieve AI Sovereignty, BCG Report Says; South Korea’s Voucher Model Offers Pragmatic Path

Most Nations Won’t Achieve AI Sovereignty, BCG Report Says; South Korea’s Voucher Model Offers Pragmatic Path
A Boston Consulting Group study warns that the global push for national large‑language models is largely unrealistic. The report argues that full AI sovereignty is a fantasy for most countries and recommends focusing on "AI resilience" instead. It points to South Korea’s AI voucher program, which subsidizes small and midsize firms to adopt existing AI tools, as a practical template that could spread useful AI across everyday businesses and services. Leer más

Cohere Raises $100 Million, Reaches $7 Billion Valuation and Partners with AMD

Cohere Raises $100 Million, Reaches $7 Billion Valuation and Partners with AMD
Enterprise AI model maker Cohere announced a $100 million extension to its recent financing, pushing its valuation to $7 billion. The company also unveiled a partnership with AMD, enabling its Command-family models to run on AMD Instinct GPUs while maintaining support for Nvidia hardware. Co‑founder Aidan Gomez, noted for his role in the original transformer paper, highlighted the focus on enterprise customers seeking AI sovereignty. New investors include the Business Development Bank of Canada and Nexxus Capital Management. The announcement was made at a TechCrunch event in San Francisco. Leer más