AI Startup Cohere Nears Deal to Raise Funds at $5 Billion Valuation

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Cohere is in talks with investors to raise $500 million or more in fresh financing.

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Exclusive-AI startup Cohere seeks $5 billion valuation in latest fundraising, source saysCohere, an artificial intelligence startup that develops foundation models to compete with ChatGPT creator OpenAI, is in advanced talks to raise $500 million...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »

AI startup Cohere seeks $5-billion valuation in latest fundraising, source saysThe Toronto-based company has seen its annualized revenue run rate grow to $22 million this month from $13 million in December
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