Tag: Generative AI company valuation

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Cohere Attracts Major Investments from Nvidia, Salesforce, and Cisco, Reaching $5 Billion Valuation

In a significant move within the artificial intelligence sector, Toronto-based AI startup Cohere has successfully raised $450 million from high-profile corporate investors, pushing its valuation to an impressive $5 billion. The round, led by tech giants Nvidia, Salesforce Ventures, and Cisco, also included participation from Canadian pension fund PSP Investments. This substantial investment underscores the…
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