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Evan Solomon

Evan Solomon

Canada's Minister of AI and Digital Innovation

Appears in 1 story

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Cohere acquires Aleph Alpha to build sovereign AI champion

Money Moves

Endorsed the deal at the Berlin press conference on April 24, 2026

Europe spent years developing separate AI companies to compete with OpenAI. In April 2026, Cohere agreed to acquire Germany's Aleph Alpha in a roughly $20 billion deal, with government backing from both nations, subject to regulatory approval and expected to close later in 2026.

Updated May 31