Canadian OpenAI competitor Cohere has raised $270 million from Nvidia, Oracle and other investors. The company’s valuation exceeded $2 billion. Its founders include a former Google employee, and the company is run by a former YouTube senior manager.

OpenAI competitor raises $270M investment from Nvidia, Oracle and others

Cohere develops technologies in the field of artificial intelligence (AI). The company was founded in 2019.

With the new round, the company’s total investment reached approximately $445 million, Martin Kohn, Cohere’s president and chief operating officer, told Bloomberg.

  • In April 2019, ChatGPT developer OpenAI raised over $300 million in investment from Tiger Global, Sequoia Capital, Andreessen Horowitz, Thrive, K2 Global and others at a valuation of $27-29 billion.


karina pardaeva

Source: RB

Previous articleVideo: Man dies in Egypt’s Red Sea after gruesome shark attack
Next articleDreame L10s Ultra Autonomous AI Robot Vacuum Cleaner Review. Himself (!!!) changes the water, sees objects and cleans himself
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


Please enter your comment!
Please enter your name here