Cohere raising at $20.5B valuation with Canada, Nvidia backing

A major enterprise-model challenger triples its value with a sovereign-fund and Nvidia-backed round.

Cohere is raising a large round at a $20.5B valuation, roughly tripling its value from a year ago. Ottawa is taking an equity stake as Cohere opens the round, with Nvidia also backing it.

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Read it at Bloomberg →

Coverage: 11 sources, in order

1. 29 Oct 15:45 Bloomberg Read the article →
2. 29 Oct 15:45 Bloomberg.com Read the article →
3. 29 Oct 15:45 Bloomberg.com Read the article →
4. 29 Oct 16:06 Unite.AI Read the article →
5. 29 Oct 16:11 Seeking Alpha Read the article →
6. 29 Oct 16:18 Breakingthenews.net Read the article →
7. 29 Oct 16:23 Reuters Read the article →
8. 29 Oct 16:41 BetaKit Read the article →
9. 29 Oct 17:26 qz.com Read the article →
10. 29 Oct 19:44 RuntimeWire Read the article →
11. 29 Oct 20:49 PYMNTS AI Read the article →

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