Cohere signed its combination with Aleph Alpha on September 16 and still needs regulatory approval. The numbers on the record are a 500 million euro pledge from Schwarz Group to lead a Series E reported at $2 billion to $3 billion.
Perspective Coverage
4 publishers
- Builder
- Builder 16%
- Operator
- Operator 45%
- Investor
- Investor 39%
Reality
- Evidence60
- Adoption40
- Hype gap+35
- Incentives70
- Confidence58
Lidl GB spent £315m on price cuts and promotions against pre-tax profit of £245.5m as its market share climbed past Morrisons. Deluxe grew only a little faster than the business as a whole, so Lidl's clearer edge over a slowing Aldi is its loyalty scheme.
Reality
- Evidence60
- Adoption65
- Hype gap+10
- Incentives60
- Confidence60
Cohere's annual recurring revenue reached $240m in early 2026. The $20bn valuation attached to its Aleph Alpha merger prices that at about 83 times, against roughly 70 times when the Toronto company was worth $7bn last September.
Perspective Coverage
3 publishers
- Builder
- Builder 7%
- Operator
- Operator 22%
- Investor
- Investor 71%
Reality
- Evidence55
- Adoption35
- Hype gap+25
- Incentives60
- Confidence55
Cohere and Aleph Alpha have signed their combination. A regulated buyer that ran both model developers through the same evaluation is now choosing between one supplier and the sovereign stacks other vendors are assembling.
Reality
- Evidence62
- Adoption30
- Hype gap+32
- Incentives78
- Confidence58
KBA clears a cab-less Einride truck for one fixed Lidl route
Germany's Federal Motor Transport Authority has cleared an Einride truck with no cab and no safety operator to haul groceries between two Lidl sites on a public road. Einride shares traded at $3.79, about 11% of their 52-week high.
Reality
- Evidence42
- Adoption30
- Hype gap+28
- Incentives74
- Confidence47
Cohere's $20B round prices its recurring revenue at 83 times
The Globe and Mail reports talks to raise $2 billion to $3 billion at a valuation nearly triple last September's $7 billion, with Ottawa and Berlin in the conversation and most of the money expected to come from private investors.
Reality
- Evidence36
- Adoption41
- Hype gap+38
- Incentives74
- Confidence42