News Summary

• PwC and Cohere have announced an alliance to sell sovereign AI to large organisations.
• It starts in Canada, with no client, value or timeline disclosed.
• Cohere markets itself as a sovereign AI company while completing a merger with Germany’s Aleph Alpha in which Cohere shareholders take roughly 90%, as Europe drafts rules defining the highest tier of sovereignty by EU ownership and control.
• The company is also halfway through becoming partly German, which the announcement does not say.
• The Dutch screening bureau blocked Kyndryl's purchase of Solvinity in May, a EUR 100M deal, because an American owner would bring the national identity system under the US CLOUD Act.