TechThe Information2h ago
Cohere to Buy European AI Firm Aleph Alpha, Raise $600 Million from German Backer
The Canadian AI lab Cohere will acquire the German AI lab Aleph Alpha for an undisclosed price, the companies said Friday. Schwarz Group, the German investment firm that is one of Aleph Alpha’s biggest backers, will also invest $600 million in Cohere’s upcoming Series E funding…
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