As part of the Cohere-Aleph Alpha deal, Aleph Alpha backer Schwarz Group plans to invest $600M in Cohere's Series E, which a source says is set to close in 2026 (Kai Nicol-Schwarz/CNBC)
Schwarz Group commits $600M to Cohere's Series E as part of the Cohere-Aleph Alpha integration deal, with closing expected in 2026.
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<a href="https://www.cnbc.com/2026/04/24/cohere-aleph-alpha-germany-ai-europe-expansion.html"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260424/i16.jpg" vspace="4" /></a>
<p><a href="http://www.techmeme.com/260424/p16#a260424p16" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Kai Nicol-Schwarz / <a href="http://www.cnbc.com/">CNBC</a>:<br />
<span style="font-size: 1.3em;"><b><a href="https://www.cnbc.com/2026/04/24/cohere-aleph-alpha-germany-ai-europe-expansion.html">As part of the Cohere-Aleph Alpha deal, Aleph Alpha backer Schwarz Group plans to invest $600M in Cohere's Series E, which a source says is set to close in 2026</a></b></span> — Canadian AI lab Cohere announced on Friday that it planned to acquire German AI company Aleph Alpha, as it eyed major expansion in Europe.</p>
Read at source: http://www.techmeme.com/260424/p16#a260424p16