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Why Cohere is merging with Aleph Alpha Canadian AI startup Cohere is taking over Germany-based Aleph Alpha with support from Lidl’s owner, Schwarz Group. With the blessing of their governments, the companies intend to offer a sovereign alternative to enterprises in an AI landscape dominated by American players. Powered by

Aleph Alpha to be acquired by Cohere German AI startup Aleph Alpha is to be acquired by Canadian AI lab Cohere, creating a business that will position itself as a sovereign alternative to US AI labs. Cohere, founded in 2019 and valued at $7bn in 2025, builds AI models focused

EU–Ukraine launches €160M defence innovation programme to unlock €400M in financing This week, the European Commission and Ukraine’s Ministry of Defence launched a new cooperation initiative focused on investing in innovative and breakthrough technologies. Unveiled during the EU–Ukraine business summit in Brussels, the initiative is an important step toward strengthening

Verda raises $117M to scale AI cloud infrastructure built on clean Nordic power Helsinki-based AI infrastructure company Verda (formerly DataCrunch ) has raised $117 million in new funding. The round comprises equity funding led by Lifeline Ventures with participation from byFounders, Tesi, Varma, and other investors, alongside debt financing from

Sofia-based Quillon raises $1.5M for audit-grade AI in accounting Quillon, an AI platform for technical accounting and financial reporting, today announced the close of $1.5 million in pre-seed funding and its rebrand from Acclara AI. The round was led by 42CAP, with participation from angel investors affiliated with NVIDIA and

Wolt CEO and Slush chair Marianne Vikkula on building a superapp, leadership lessons and Slush’s secret sauce Powered by WPeMatico https://sifted.eu/articles/marianne-vikkula-wolt-podcast

Aleph Alpha strikes $20bn merger deal with Canada’s Cohere Powered by WPeMatico https://sifted.eu/articles/aleph-alpha-strikes-20bn-merger-deal-with-canadas-cohere

Verda raises €100m to build European hyperscaler, plans to hire 100+ people and launch in new markets Powered by WPeMatico https://sifted.eu/articles/verda-raises-e100m-to-build-european-hyperscaler

European spacetech mapped: 70+ startups reaching for the stars Powered by WPeMatico https://sifted.eu/articles/europe-spacetech-market-map

The European VCs hiring in spring 2026 Powered by WPeMatico https://sifted.eu/articles/european-vc-hiring-spring-2026