Cohere has raised $270 million from Nvidia, Oracle and others, Yandex.Market plans to register the Cubits brand of children’s products, the rise of pirate sites and other events on June 9.
World
- Canadian OpenAI competitor Cohere has raised $270 million from investors including Nvidia and Oracle. The startup’s valuation exceeded $2 billion.
Finance
- The savings of Russians in foreign banks reached 5.8 trillion rubles. This figure was the highest since 2018, writes IZ.
- The number of soft loans granted to SMEs has multiplied in recent years: from 42.3 thousand in 2020 to 136.1 thousand in 2022, Kommersant learned.
Business
- The Yandex.Market service plans to register the Cubits trademark. Experts suggest that mobile devices for children can be produced under it.
- Distribution fees for Russian films could reach 40 billion rubles by 2023, Russian Culture Minister Olga Lyubimova told Izvestia.
- Russians began to book accommodation in hotels in the Russian Federation on average ten days before arrival. The increased reserve depth also allows hoteliers to adjust rates and plan for costs.
Technologies and services
- Roskomnadzor blocked 400,000 pirate sites in the first quarter, 40% more than the previous year. Until the end of 2023, the base of these services will grow by 70%, writes Izvestia.
Author:
RB team
Source: RB

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