AI startups Cohere, Aleph Alpha to merge with $600M in new funding
Artificial intelligence startups Cohere Inc. and Aleph Alpha GmbH today announced that they intend to merge. The transaction is backed by Schwarz Group GmbH, Germany’s largest retailer. It plans to lead a funding round into the combined company by making a $600 million “structured financing commitme
ORIGINAL SOURCE →via SiliconANGLE
ADVERTISEMENT
⚡ STAY AHEAD
Events like this, convergence-verified across 689 sources, land in your inbox every Sunday. Free.
GET THE SUNDAY BRIEFING →RELATED · DE
- [TECH] Cohere acquires, merges with German-based startup to create a ‘transatlantic AI powerhouse’
- [SPORTS] Dominant RB Leipzig see off Union Berlin
- [SPORTS] German economy back in crisis mode as Ifo index drops to pandemic levels
- [CONFLICT] İlker Çatak, Booker ödüllü 'Beden'i sinemaya uyarlayacak
- [SPORTS] FCU @ RBL
- [CONFLICT] Leadership Under Pressure: Promises vs. Polls | Berlin Briefing Podcast