Cohere and Aleph Alpha Merge Into Sovereign AI Giant

Canadian AI firm Cohere and Germany's Aleph Alpha are joining forces to create a transatlantic sovereign AI powerhouse, backed by $600 million in structured financing from the Schwarz Group. The alliance aims to give governments and enterprises an independent alternative to dominant AI vendors. Anchored in Canada and Germany, the combined entity will help organizations deploy AI under local laws and institutional requirements. The move targets a sovereign AI market projected to reach $600 billion annually, as demand grows for greater control over AI infrastructure.