Cohere and Aleph Alpha agree to merge in reported $20B deal
Artificial intelligence startups Cohere Inc. and Aleph Alpha GmbH have signed a merger agreement in a reported $20 billion transaction, SiliconANGLE reports. The contract formalizes a merger plan initially announced in April, which included a planned €500 million ($573 million) financing commitment from German retailer Schwarz Group GmbH.