The text reports that Canadian AI company Cohere and German company Aleph Alpha want to merge, according to Handelsblatt citing government and industry sources. The combined company is expected to create a transatlantic counterweight to dominant US technology companies and serve businesses and public authorities with digital services. The merged company could be valued at around 20 billion US dollars, but concrete financial details of the deal have not been officially confirmed.
About Aleph Alpha
German AI startup that was originally one of the few European LLM startups and has since pivoted to helping businesses and governments use AI.
Germany, Germany
Read Company ProfileFrequently Asked Questions
What type of funding round did Aleph Alpha raise?
Aleph Alpha raised a acquisition round.
When did Aleph Alpha raise its acquisition?
Aleph Alpha raised its acquisition on 2026-04-24.
What was Aleph Alpha's valuation after the acquisition?
Aleph Alpha was valued at $20,000,000,000 USD after the acquisition.
What type of investment was Aleph Alpha's acquisition?
Aleph Alpha's acquisition was a equity investment.