AI startup Cohere seeks $5-billion valuation in latest fundraising, source says

Cohere, an artificial intelligence startup that develops foundation models to compete with ChatGPT creator OpenAI, is in advanced talks to raise $500 million at a valuation of about $5 billion, according to a person familiar with the matter. The Toronto-based company has seen its annualized…#openai #command #google #oracle #cohere #inoviacapital #nvidia #foundation #anthropicandmistral

Source: Reuters: Health - March 21, 2024 Category: Consumer Health News Source Type: news