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Cohere acquires, merges with Germany-based startup to create a ‘transatlantic AI powerhouse’

Cohere and Aleph Alpha's merger aims to create a $20 billion AI giant, challenging Silicon Valley's tech dominance. With a $600 million backing from Schwarz Group, this alliance promises enhanced data control for global businesses. Can this...

TechCrunch· Apr 24, 2026 · 11:10 PM · 39 views

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Cohere and Aleph Alpha's merger aims to create a $20 billion AI giant, challenging Silicon Valley's tech dominance. With a $600 million backing from Schwarz Group, this alliance promises enhanced data control for global businesses. Can this new entity truly rival the existing tech giants? #AI #TechNews #Innovation #SiliconValley #Startups

Originally reported by TechCrunch. Read the full story →

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