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Aidan Gomez says Cohere won’t get into the business of making chips

What happened

Cohere has agreed to acquire German AI company Aleph Alpha, which will increase its headcount to over 1,000 employees across Canada and Europe.

Source

Article excerpt

Canada’s AI champion isn’t looking to become a chip champion any time soon. The news: In a conversation with Bloomberg AI reporter Rachel Metz at the ALL IN conference in Montréal on Wednesday, Aidan Gomez, CEO of Toronto-based AI developer Cohere, said the company doesn’t want to make its own chips. From the source: “We don’t want to get into the space of building chips because there’s so much more we could do,” Gomez said. The context: As usual, Cohere is running against the grain compared to its competitors. This year, companies like OpenAI, Anthropic, Google, and even Cohere’s non-US counterpart Mistral began either exploring or moving forward on making their own chips. When an AI company designs its own semiconductors, it can optimize the hardware to run its models more efficiently within data centres. This can make AI inquiries cheaper to run, and help diversify away from huge chip providers like Nvidia, which dominate the increasingly expensive AI chip market. Cohere does maintain relationships with Nvidia and AMD, Gomez noted in a 2024 episode of the 20VC with Harry Stebbings podcast, where he explained that Cohere needs to support its customers’ desire to run their AI models on a diverse set of platforms. Final thought: Instead of building chips, Cohere hopes to become the world’s sovereign AI provider of choice. This week, Gomez announced that his company came...

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Extracted from this sentence

This week, Gomez announced that his company came to terms on a business combination agreement with German peer Aleph Alpha.

Extracted by Autobound

From the Signal API record
Event
News

What this signalsIntegration work after a deal often opens needs for new systems and services.

Location
Germany

Companies

  • Aleph AlphaTargetaleph-alpha.com

The full record

From the Signal API record

Extraction

Confidence
90%
Detected
Sep 17, 2026
signal_type
news
signal_subtype
acquires

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This page shows a preview. The full news record in the Signal API and MCP can also have these 8 fields. Some fields are empty for some signals.

Company

  • linkedin_urlValue in the API
  • industriesValue in the API
  • employee_count_lowValue in the API
  • employee_count_highValue in the API
  • revenueValue in the API
  • descriptionValue in the API

Signal

  • signal_nameValue in the API
  • associationValue in the API
Show the full JSONThe record on this page and the API request

GET /v1/signals/390bf580-636d-3614-ea57-ec0536342493 returns this record as JSON. POST /v1/companies/enrich returns every signal for cohere.com.

{
  "signal_id": "390bf580-636d-3614-ea57-ec0536342493",
  "signal_type": "news",
  "signal_subtype": "acquires",
  "detected_at": "2026-09-17T22:15:34+00:00",
  "company": {
    "name": "Cohere",
    "domain": "cohere.com"
  },
  "data": {
    "url": "https://betakit.com/aidan-gomez-says-cohere-wont-get-into-the-business-of-making-chips/",
    "title": "Aidan Gomez says Cohere won’t get into the business of making chips",
    "author": "Trevor Nichols",
    "excerpt": "Canada’s AI champion isn’t looking to become a chip champion any time soon. The news: In a conversation with Bloomberg AI reporter Rachel Metz at the ALL IN conference in Montréal on Wednesday, Aidan Gomez, CEO of Toronto-based AI developer Cohere, said the company doesn’t want to make its own chips. From the source: “We don’t want to get into the space of building chips because there’s so much more we could do,” Gomez said. The context: As usual, Cohere is running against the grain compared to its competitors. This year, companies like OpenAI , Anthropic , Google , and even Cohere’s non-US counterpart Mistral began either exploring or moving forward on making their own chips. When an AI company designs its own semiconductors, it can optimize the hardware to run its models more efficiently within data centres. This can make AI inquiries cheaper to run , and help diversify away from huge chip providers like Nvidia, which dominate the increasingly expensive AI chip market. Cohere does maintain relationships with Nvidia and AMD, Gomez noted in a 2024 episode of the 20VC with Harry Stebbings podcast, where he explained that Cohere needs to support its customers’ desire to run their AI models on a diverse set of platforms. Final thought: Instead of building chips, Cohere hopes to become the world’s sovereign AI provider of choice. This week, Gomez announced that his company came to...",
    "summary": "Cohere has agreed to acquire German AI company Aleph Alpha, which will increase its headcount to over 1,000 employees across Canada and Europe.",
    "location": "Germany",
    "planning": false,
    "image_url": "https://cdn.betakit.com/wp-content/uploads/2026/09/Aidan-Gomez-at-ALL-IN-2026.jpg",
    "confidence": 0.9,
    "published_at": "2026-09-17T22:15:34Z",
    "location_data": [
      {
        "region": "Western Europe",
        "country": "Germany",
        "continent": "Europe",
        "fuzzy_match": false
      }
    ],
    "article_sentence": "This week, Gomez announced that his company came to terms on a business combination agreement with German peer Aleph Alpha.",
    "related_company_name": "Aleph Alpha",
    "related_company_domain": "aleph-alpha.com"
  }
}

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