Cohere merges with Aleph Alpha to form transatlantic AI company
Cohere and Aleph Alpha announced a merger creating a transatlantic AI company anchored in Canada and Germany. Cohere shareholders will hold 90% of shares in the combined entity, Aleph Alpha shareholders 10%. The deal combines Cohere’s global scale with Aleph Alpha’s European R&D for sovereign, enterprise-grade AI. Researchers Nando de Freitas, Edward Grefenstette, and Lucas Beyer shared the announcement.
First post
Germany is the world’s third largest economy after the US and China, and the economic powerhouse of Europe. We are thrilled to have Canada and Germany as deep strategic partners at our back! 🇨🇦 🇩🇪
Why it matters
Edward Grefenstette (former head of machine learning at Cohere) quote tweeted the transatlantic merger announcement.
Nando de Freitas founded Dark Blue Labs before Google acquired it and he reposted the Cohere announcement.
Lucas Beyer called Cohere securing 90 percent ownership an acquisition in his reply to the announcement.
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