The Next Web 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.
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