Report: OpenAI rival Cohere could raise up to $1B in fresh funding

Cohere Inc., a large language model startup, is holding talks with investors to raise between $500 million and $1 billion in fresh funding. The Financial Times reported the discussions today, citing people familiar with the matter. The investment is expected to give Cohere a “significantly higher” valuation than the $2.2 billion it was worth after […]

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