AI Startup Cohere in Late-Stage Discussions for $5 Billion Funding

By
Henrik Østergaard
1 min read
⚠️ Heads up: this article is from our "experimental era" — a beautiful mess of enthusiasm ✨, caffeine ☕, and user-submitted chaos 🤹. We kept it because it’s part of our journey 🛤️ (and hey, everyone has awkward teenage years 😅).

Artificial intelligence startup Cohere Inc. is in advanced talks to secure a new round of funding that could elevate the company's valuation to $5 billion or more. The discussions involve Cohere negotiating for a funding amount of $500 million or higher, as confirmed by a source familiar with the matter who chose to remain anonymous due to the private nature of the information.

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