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Cohere to acquire German AI firm Aleph Alpha for $20 billion.
Cohere plans to acquire German AI company Aleph Alpha for $20 billion, creating a transatlantic AI firm.
The deal aims to strengthen sovereign AI capabilities and provide secure, customized solutions for regulated industries like government and finance.
This merger gives Cohere access to European markets and aligns with efforts to reduce reliance on dominant U.S. providers.
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Cohere para adquirir la firma alemana de IA Aleph Alpha por 20 mil millones de dólares.