Cohere acquires, merges with Germany-based startup to create a ‘transatlantic AI powerhouse’

Cohere, the Canada-based enterprise AI unicorn, announced Friday that it would merge with the Germany-based enterprise AI company Aleph Alpha. The deal, which has yet to close, will value the newly formed company at $20 billion, the FT reported. Schwarz Group, one of Aleph Alpha’s top backers, will also invest $600 million in Cohere’s Series E round,…

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Chainlink Tokenizes $11B Arizona Copper-Gold Mine

BridgeTower Capital has officially deployed Chainlink’s full infrastructure stack to tokenize securities tied to the DOM X Arizona Copper-Gold Project, an $11 billion US natural resource initiative, in what the companies describe as live production infrastructure rather than a pilot. Summary BridgeTower Capital is using Chainlink’s complete stack, including CCIP, Proof of Reserve, NAVLink, and…

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