Story thread · 2 reports / 2 sources

Cohere-Aleph Alpha Merger Locks In First Enterprise AI Stack Outside US Cloud Law

techtimes.com · 1dShare

Cohere and Aleph Alpha signed a definitive merger agreement Wednesday at $20B valuation, creating the first enterprise AI stack where no layer falls under US CLOUD Act authority. The deal pairs Cohere's foundation models with Aleph Alpha's PhariaAI compliance platform on STACKIT, Schwarz Group's sovereign cloud with no US parent company.

First report: Cohere and Aleph Alpha plan merger for transatlantic sovereign AI firm — finance.yahoo.com, 1d