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Cohere to acquire German AI company Aleph Alpha as it looks to expand in Europe

By CNBC April 24, 2026 Bullish
Cohere to acquire German AI company Aleph Alpha as it looks to expand in Europe
Canadian AI lab Cohere has announced plans to acquire German AI startup Aleph Alpha. 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.
Canadian AI lab Cohere has announced plans to acquire German AI startup Aleph Alpha. 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.