Cohere and Aleph Alpha Announce Sovereign AI Merger

Canadian artificial intelligence company Cohere and German startup Aleph Alpha announced on April 24, 2026, in Berlin that they plan to merge, forming a transatlantic entity focused on developing sovereign AI solutions for enterprises and governments. The deal, endorsed by officials from both Canada and Germany, aims to provide an independent alternative to dominant U.S. providers, emphasizing data control and regulatory compliance in an era of increasing AI concentration.

The combined company, which will maintain headquarters in Toronto and Heidelberg, is projected to be valued at approximately 20 billion, according to multiple reports. While framed as a merger, the structure gives Cohere shareholders about 90 percent of the equity, with Aleph Alpha holders receiving the remaining 10 percent. Financial terms of the transaction were not disclosed, and the deal remains subject to shareholder and regulatory approvals. Cohere, founded in 2019 by former Google researchers, specializes in enterprise-grade large language models and has raised over 1.6 billion from investors including Nvidia and Oracle. It reported 240 million in annual recurring revenue as of late 2025. Aleph Alpha,...