Aleph Alpha
AI · Enterprise Software
Cohere acquires Aleph Alpha in $20B transatlantic AI merger
April 24, 2026$600M · Series E
Canadian AI company Cohere is acquiring German startup Aleph Alpha in a deal valuing the combined entity at $20 billion, with Schwarz Group committing $600 million to Cohere's Series E round to create a European alternative to US AI dominance.
Lead Investors
Schwarz Group
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