Canada's AI Sector Consolidates with a Merger, a Mega-Fund, and a Data Centre Arms Race

Cohere and German AI firm Aleph Alpha have signed a definitive merger agreement, creating a combined entity with over 1,000 employees and dual headquarters in Toronto and Berlin. Announced at the ALL IN conference in Montréal, the deal positions the joint venture as a major alternative to US AI giants like OpenAI and Anthropic. CEO Aidan Gomez framed the move as bringing "Canadian-German values" to the global AI...