Co-founder and CEO, Cohere
Appears in 1 story
Will lead the combined company from Toronto
Europe spent three years trying to build its own answer to OpenAI. On Friday, it largely gave up on doing it alone. Cohere, a Toronto-based artificial intelligence company, agreed to acquire Germany's Aleph Alpha in a deal valuing the combined business at roughly $20 billion, paired with a $600 million Series E funding round led by the German retail giant Schwarz Group.
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