Schwarz Group
36
MENTIONS
27
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25
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Search complete. 36 mentions across 27 episodes found for "Schwarz Group".
Nov 6, 2026
Esther BondHOST
They say Cohere is going to stay headquartered in Canada and also be investing in Not a small amount into domestic computing infrastructure.
Florian FaesHOST
Hey, do you know Schwarz Group? You know that this is the parent company of Lidl?
Esther BondHOST
Oh,
Florian FaesHOST
okay.
Marcus HollandGUEST
PreZero is probably well known.
Marcus HollandGUEST
It's basically the big circular economy and sustainability service provider for the Schwarz Group, which originally grew out of Green Cycle.
Marcus HollandGUEST
Schwarz Group, for anyone who's literally been living under a rock, is Lidl and Kaufland.
Marcus HollandGUEST
Right.
Marcus HollandGUEST
And Polymers is the actual recycling branch.
16 MINS LATER
Marcus HollandGUEST
Because starting in 2030, that's going to be one of the main problems.
Marcus HollandGUEST
If you're a recycler and you don't have the capability yourself sort material and source your own bales, I think you're going to have a pretty tough time because the really big players out there running their own sorting facilities and their own downstream processing are obviously going to need all that material for themselves.
Marcus HollandGUEST
I mean, that's probably the long term strategy inside Schwarz Group as well, saying, hey, we want to keep as much of the material we generate like recyclables from Lidl, Kaufland and so on in our own closed loop.
speaker_2NARRATOR
Two of Europe's technology heavyweights are joining forces on digital sovereignty.
speaker_2NARRATOR
Bull, the French supercomputer maker, and Schwarz Digits, the technology arm of little owner Schwarz Group, have signed a memorandum of understanding to build an independent and secure European ecosystem for AI and cloud computing.
speaker_2NARRATOR
Under the plan, Schwarz Digits would supply cloud infrastructure through its Stackit platform, while Bull contributes its expertise in high-performance computing and AI systems.
speaker_2NARRATOR
The services would operate entirely within European rules.
Jan WapelhorstHOST
If you walk into a meeting assuming price is the only variable, you have already lost 14 other opportunities to build a stronger case before you even opened your mouth.
Jan WapelhorstHOST
Number six, the region can overrule the center, especially at Edeka, but also to varying degrees at Rewe and in the Schwarz Group's regional operations, meaning the other countries.
Jan WapelhorstHOST
The central negotiation sets the frame.
Jan WapelhorstHOST
The regional buying units decide what actually happens on their shelves.
Alexander ReitzGUEST
They come to us, I think, mainly because we bundle compliance licensing, the physical material recovery, and high level of operational and strategic consulting and expertise inside the same company.
Elisabeth SkodaHOST
And obviously, like you mentioned, PreZero Packaging is part of Schwarz Group, which also contains major retailers such as Lidl and Kaufland.
Elisabeth SkodaHOST
How has this sort of set you up or what are the synergies there? How is this an advantage for you and your customers?
Alexander ReitzGUEST
Personally, I think synergy is usually one of those words that means two departments were told to have lunch together.
Robert DuttHOST
The investment is part of a much larger financing effort by Cohere, which has announced the initial close of a Series E funding round targeting up to $7 billion.
Robert DuttHOST
Other investors include NVIDIA, Bell, and Germany's Schwarz Group.
Robert DuttHOST
And there are some significant commitments attached to the federal investment.
Robert DuttHOST
Cohere has agreed to maintain its Canadian headquarters and incorporation, create at least 1,000 Canadian technical jobs, and invest at least $1.7 billion in additional Canadian computing infrastructure by 2030.
Tim PowersHOST
That the government of Canada has said a lot about getting ahead, not falling behind in the race to have sovereignty over AI.
Tim PowersHOST
Yesterday, the Canadian government announced that it was taking out an equity stake in Cohere, joining a funding round led by Germany's Schwartz Group targeting CDI.
Tim PowersHOST
seven billion dollars yes that's billion for the toronto-based ai lab cohere the round would value cohere at about 36 billion um schwartz which owns retail chains in germany pledged 780 million to lead the round in april uh yesterday in montreal the um prime minister made the announcement that we were investing with your money 1.6 billion dollars Now, just a reminder, we also have an equity stake.
Tim PowersHOST
So meaning that we, the people, the government owns part of Hibernia.
Joëlle PineauGUEST
That really took a lot of conviction that it could be done and a lot of appetite for risk that a lot of young entrepreneurs don't necessarily have.
Joëlle PineauGUEST
And if I look at where we are today, I think it's that same spirit that is also propelling the size of this round, the size of ambition that we've put in front of investors in terms of what we intend to build with these investments.
Joëlle PineauGUEST
And again, that conviction that you can do that with a home base here and that we're going to have the capitals to do it, that we are going to be able to secure the compute to do it and bring together the talent, that's something that you don't see that often.
Joëlle PineauGUEST
I
13 MINS LATER
Evan SolomonHOST
So what place does Cohere have in a world where these other companies are so massive? We believe that this is incredibly important to build, and this has been validated.
Evan SolomonHOST
One of the largest companies in Germany is your lead investor, Schwarz Group, which is in it with a huge investment.
Evan SolomonHOST
all around the world you've got investors in.
Evan SolomonHOST
But what is your answer when people ask you about how do you compete?
DavidHOST
You
Evan SolomonSOUNDBITE_SPEAKER
know, we're part of an investment group that, you know, the lead investor here was Schwartz Group, the largest, one of the largest companies in Germany, their largest retail company.
Evan SolomonSOUNDBITE_SPEAKER
They're the lead investor.
Evan SolomonSOUNDBITE_SPEAKER
Nvidia, Bell, some of the biggest investors from around the world
DariusHOST
First, Canada commits up to $1.6 billion Canadian dollars for an equity stake in Cohere.
DariusHOST
Prime Minister Mark Carney announced on Thursday that Canada will invest in Cohere in stages, joining a round led by Schwartz Group with Nvidia and Bell that targets about $7 billion Canadian dollars, at a valuation near $35.7 billion.
DariusHOST
In return, Cohere commits to keep its headquarters in Canada, add at least 1,000 technical jobs, and spend at least $1.7 billion Canadian dollars on Canadian computing infrastructure by 2030.
DariusHOST
Second, GitHub launches Copilot Fusion as agents now start over 40% of pull requests.
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