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Cohere in Talks for $250M Funding, Valued at $2B in Inovia-led Deal.

1 min read
Source: Financial Times
TL;DR

Cohere, a start-up specializing in generative AI, is reportedly in talks to secure $250mn in fresh funding. The company's technology allows machines to understand and generate human-like language, which has applications in industries such as customer service and chatbots. The funding would be used to expand Cohere's team and further develop its technology.

Topics:technologybusiness#ai#business#cohere#funding#start-up#technology
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  1. Generative AI start-up Cohere in talks for $250mn in fresh funding  Financial Times
  2. Generative A.I. Start-Up Cohere Valued at About $2 Billion in Funding Round  The New York Times
  3. Cohere raising up to $250-million in Inovia-led deal valuing OpenAI rival at $2-billion  The Globe and Mail

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