Exclusive-AI startup Cohere seeks $5 billion valuation in latest fundraising, source says

Exclusive-AI startup Cohere seeks $5 billion valuation in latest fundraising, source says

The Star Online - Tech·2024-03-21 14:00

(Reuters) - Cohere, an artificial intelligence startup that develops foundation models to compete with ChatGPT creator OpenAI, is in advanced talks to raise $500 million at a valuation of about $5 billion, according to a person familiar with the matter.

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