Cohere, Aleph Alpha combine to target enterprise AI market
The combined company will target enterprise customers with AI systems that run inside their own infrastructure, backed by €500 million from Schwarz Group.
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8 Articles
Cohere has signed the takeover of the former German AI hope Aleph Alpha. Here, the bosses Aidan Gomez and Ilhan Scheer talk about their plans – and what went wrong in the past.
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Cohere, Aleph Alpha combine to target enterprise AI market
Sept 16 : Canada's Cohere and Germany's Aleph Alpha signed a definitive merger agreement on Wednesday, the AI companies said. The combined business will operate as Cohere, with dual headquarters in Toronto and Berlin, while Aleph Alpha's Heidelberg office will focus on research. Aleph Alpha co-chief Ilhan Sc
Cohere and Aleph Alpha agreed to a definitive merger to compete in the corporate artificial intelligence market, based in Toronto and Berlin, Schwarz Group financial support and a strategy focused on secure, adjustable and deployable systems within customer infrastructure.
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