Cohere Raises $500M, Valuation Hits $6.8 Billion as it Eyes Enterprise Market
AI Model Maker Cohere Sees $500 Million Boost to Its Valuation Cohere, a Toronto-headquartered artificial intelligence model maker, has secured an oversubscribed $500 million funding round, which has brought its valuation to $6.8 billion. This is a significant increase from its $5.5 billion valuation in 2023. Founded in 2019 by co-founder Aidan Gomez, one of … Read more