AI startups Cohere, Aleph Alpha to merge with $600M in new funding

Artificial intelligence startups Cohere Inc. and Aleph Alpha GmbH today announced that they intend to merge. The transaction is backed by Schwarz Group GmbH, Germany’s largest retailer. It plans to lead a funding round into the combined company by making a 600 million “structured financing commitment.” CNBC reported that the Series E deal, which is […] The post AI startups Cohere, Aleph Alpha to merge with 600M in new funding appeared first on SiliconANGLE.

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• As part of the Cohere-Aleph Alpha deal, Aleph Alpha backer Schwarz Group plans to invest $600M in Cohere's Series E, which a source says is set to close in 2026 (Kai Nicol-Schwarz/CNBC)

Source: SiliconANGLE | 2026-04-25