Schwarz Group — a key backer of Aleph Alpha — plans to invest $600 million in Cohere's upcoming Series E round as part of the deal.

Schwarz Group — a key backer of Aleph Alpha — plans to invest $600 million in Cohere's upcoming Series E round as part of the deal.

April 24 : Canadian AI startup Cohere agreed on Friday to buy German tech startup Aleph Alpha at an undisclosed price as it looks to boost sales to government and business customers in highly regulated European markets.Initially seen as Germany's answer to OpenAI, Aleph Alpha has since abandoned development o

BERLIN, April 24 : Canadian AI startup Cohere on Friday agreed to buy German tech startup Aleph Alpha at an undisclosed price to sell more to government and business customers in the highly-regulated European markets."We are bringing Aleph Alpha into Cohere, and we are going to merge the two entities," Cohere