Cohere Wraps Initial New Funding Round for Sovereign AI Efforts

Cohere Sets $20.5 Billion Pre-Money Valuation at First Close

The round could raise up to $5 billion and includes commitments from Canada and NVIDIA, along with a previously disclosed $600 million investment from Schwarz Group.

Cohere wraps initial new funding round for sovereign AI efforts

Cohere said it has initially closed a Series E round that targets $7 billion Canadian dollars that includes new investors such as Bell Ventures and Nvidia. #pressrelease