We are thrilled to share the latest exciting news about Cohere.
Nvidia, Salesforce, and other investors, including Cisco and the Canadian pension fund PSP Investments, have invested $450 million in this Canadian AI startup, boosting its valuation to $5 billion.
Cohere focuses on generative AI with a strong emphasis on data privacy and has increased its annual revenue to $35 million. Founded in 2019 and headquartered in Toronto, Cohere competes with firms like OpenAI and Anthropic and stands to benefit from the Canadian government’s $1.77 billion AI research investment.
Big congratulations to Cohere! We look forward to seeing its continued growth and success.
Learn more https://pse.is/62hl9t
