Canadian enterprise AI model company merging with Germany's Aleph Alpha in a deal valuing the combined entity at ~$20 billion.
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“agreed to merge in a deal valued around $20 billion, combining enterprise AI models and deployment software under the Cohere brand”
Source→“Cohere Parse 5 — Turn complex docs, tables & images into AI-ready data (144 votes)”
AI-extracted from podcast / newsletter / paper summaries. May contain errors.