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Cohere’s Aleph Alpha Deal Shows How ‘Sovereign AI’ Is Becoming an Industrial Strategy
Cohere’s planned takeover of Aleph Alpha, backed by Germany’s Schwarz Group, is more than a merger. It is a bid to build a European enterprise AI alternative centered on data control, local cloud infrastructure, and
Key Takeaways
- Cohere plans to acquire Aleph Alpha to build a sovereign AI alternative for enterprises and governments.
- Schwarz Group is backing the deal with 500 million euros in structured financing and a lead role in Cohere’s Series E.
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DT Editorial Team··via techcrunch.com