News Formal

Canada's Cohere close to securing latest big investment in generative AI

  • 📰 financialpost
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 85%

Business News News

Business Business Latest News,Business Business Headlines

Potential backers including Nvidia and Salesforce could give startup a valuation of about $2 billion as generative AI takes off. Read more

Play Video

The fundraising round would give Cohere a post-money valuation of about US$2 billion, according to two people with direct knowledge of the advanced talks.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails or any newsletter. Postmedia Network Inc.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Canada's Cohere close to securing latest big investment in generative AIPotential backers including Nvidia and Salesforce could give startup a valuation of about $2 billion as generative AI takes off. Read more
Source: financialpost - 🏆 7. / 85 Read more »

BlackBerry exploring potential breakup of companyWaterloo tech company is exploring strategic options in an apparent move to appease investors ahead of June annual meeting
Source: globeandmail - 🏆 5. / 92 Read more »