Industry
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)
Kai Nicol-Schwarz / CNBC: 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 — Canadian AI
Kai Nicol-Schwarz / CNBC: 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 — Canadian AI lab Cohere announced on Friday that it planned to acquire German AI company Aleph Alpha, as it eyed major expansion in Europe.
Related
- Canada's Cohere and Germany's Aleph Alpha agree to a merger deal valuing the combined group at ~$20B to work on sovereign AI; both governments support the deal (Financial Times)
- Amazon agrees to invest up to 25B in Anthropic, on top of the 8B that it has already invested; Anthropic commits to spend $100B+ on AWS over the next 10 years (Ashley Capoot/CNBC)
- Sources: Jeff Bezos' Project Prometheus is close to a 10B fundraising deal, which includes an initial 6.2B raise in November, at a $38B post-money valuation (Financial Times)
Source: Techmeme | 2026-04-24