Sources: Cohere is in advanced talks to raise between $2B and $3B, including financing from the Canadian government and existing backers, at a $20B valuation (Globe and Mail)
Cohere’s prospective round would put government money inside one of Canada’s highest-valued AI companies.
The talks are for US$2 billion to US$3 billion in new financing, according to the Globe and Mail item carried by Techmeme. The proposed valuation is US$20 billion. The financing would include the Canadian government and existing backers. Techmeme's note
The talks are for US$2 billion to US$3 billion in new financing, according to the Globe and Mail item carried by Techmeme. The proposed valuation is US$20 billion. The financing would include the Canadian government and existing backers. Techmeme's note
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