No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Tuesday, October 28, 2025
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Startups

Cohere hits a $6.8B valuation as investors AMD, Nvidia, and Salesforce double down

by TheAdviserMagazine
3 months ago
in Startups
Reading Time: 2 mins read
A A
Cohere hits a .8B valuation as investors AMD, Nvidia, and Salesforce double down
Share on FacebookShare on TwitterShare on LInkedIn


Cohere on Thursday announced that it had raised an oversubscribed $500 million round, bringing its valuation to $6.8 billion. This is up from the $5.5 billion valuation it landed a little over a year ago when it raised its previous round, also $500 million.

Toronto-headquartered Cohere was one of the first breakout LLM model makers, founded in 2019 by co-founder Aidan Gomez, one of the authors of the “Attention Is All You Need” paper that became the foundation of modern AI. But it has been a sleeper entrant in the AI model wars of late, dominated by OpenAI, Anthropic, and Meta. Its market proposition, however, has always been to offer secure LLMs specifically geared for enterprise use, not for consumers.

To that end, it’s landed partnerships with some of the biggest names in enterprise tech, including Oracle, Dell, Bell, Fujitsu, LG’s consulting service CNS, and SAP, as well as some big enterprise names like RBC and a new investor in this round: Healthcare of Ontario Pension Plan.

Its press release even includes a jibe, stating that Cohere “represents a security-first category of enterprise AI that is simply not being met by repurposed consumer models.”

Still, as TechCrunch reported, Cohere is not above the AI talent-poaching frenzy that has engulfed the other AI companies. It just nabbed long-time Meta research head Joelle Pineau to be its chief AI officer. It also hired a new CFO, Francois Chadwick, away from his consulting gig at KPMG. He had worked in finance at Uber and as CFO at Shield AI.

The new round was led by Radical Ventures and Inovia Capital. Radical has backed companies like Fei-Fei Li’s World Labs, as well as names like Hebbia and Writer. Inovia is a known Canadian venture firm (e.g., portfolio includes Poolside, Neo4j).

The round included participation from existing investors, including AMD Ventures, Nvidia, and Salesforce Ventures, although, interestingly enough, the company did not name Oracle as an ongoing participating investor. (We’ve asked Cohere about this.)

Techcrunch event

San Francisco
|
October 27-29, 2025

Oracle backed Cohere in 2023, but the database giant has more recently tied its fortunes more closely to OpenAI, particularly as part of the massive data center building project known as Stargate.

We’re always looking to evolve, and by providing some insight into your perspective and feedback into TechCrunch and our coverage and events, you can help us! Fill out this survey to let us know how we’re doing and get the chance to win a prize in return!



Source link

Tags: 6.8BAMDCoheredoubleHitsinvestorsNvidiaSalesforcevaluation
ShareTweetShare
Previous Post

OBBBA boosts estate and gift planning opportunities

Next Post

AIRO Reports 151% Surge in Revenue in First Public Company Quarterly Results

Related Posts

edit post
Delft-based DAB.bio secures new funding from Navus Ventures and others to advance fermentation technology

Delft-based DAB.bio secures new funding from Navus Ventures and others to advance fermentation technology

by TheAdviserMagazine
October 28, 2025
0

Dutch firm DAB.bio secures new investment from Navus Ventures and Capricorn Partners for the commercialisation of intensified continuous fermentation.ContentlockrDelft-based DAB.bio,...

edit post
The AI Transformation of the Professional Services Industry

The AI Transformation of the Professional Services Industry

by TheAdviserMagazine
October 27, 2025
0

At York IE, we have always believed that the professional services industry is about more than delivering outputs. It is...

edit post
TechCrunch Disrupt 2025: How to watch Astro Teller, Startup Battlefield, and more live

TechCrunch Disrupt 2025: How to watch Astro Teller, Startup Battlefield, and more live

by TheAdviserMagazine
October 27, 2025
0

TechCrunch Disrupt 2025 is here! If you’re still on the fence about attending in person, dive into the extensive schedule...

edit post
The Weekly Notable Startup Funding Report: 10/27/25 – AlleyWatch

The Weekly Notable Startup Funding Report: 10/27/25 – AlleyWatch

by TheAdviserMagazine
October 27, 2025
0

The Weekly Notable Startup Funding Report takes us on a trip across various ecosystems in the US, highlighting some of...

edit post
Valence-based Dracula Technologies secures €30M in Series A round to power IoT devices with light instead of batteries

Valence-based Dracula Technologies secures €30M in Series A round to power IoT devices with light instead of batteries

by TheAdviserMagazine
October 27, 2025
0

Valence, France-based Dracula Technologies announced the successful completion of its Series A extension round, bringing the total Series A funding...

edit post
Accel and Prosus team up to back early-stage Indian startups

Accel and Prosus team up to back early-stage Indian startups

by TheAdviserMagazine
October 26, 2025
0

Storied investors Accel and Prosus have launched a new investment partnership to back Indian startups from day zero, targeting founders...

Next Post
edit post
AIRO Reports 151% Surge in Revenue in First Public Company Quarterly Results

AIRO Reports 151% Surge in Revenue in First Public Company Quarterly Results

edit post
In Latin America, the US Is Showing What the Future World-Order Might Look Like

In Latin America, the US Is Showing What the Future World-Order Might Look Like

  • Trending
  • Comments
  • Latest
edit post
77-year-old popular furniture retailer closes store locations

77-year-old popular furniture retailer closes store locations

October 18, 2025
edit post
Pennsylvania House of Representatives Rejects Update to Child Custody Laws

Pennsylvania House of Representatives Rejects Update to Child Custody Laws

October 7, 2025
edit post
What to Do When a Loved One Dies in North Carolina

What to Do When a Loved One Dies in North Carolina

October 8, 2025
edit post
Another Violent Outburst – Democrats Inciting Civil Unrest

Another Violent Outburst – Democrats Inciting Civil Unrest

October 24, 2025
edit post
Probate vs. Non-Probate Assets: What’s the Difference?

Probate vs. Non-Probate Assets: What’s the Difference?

October 17, 2025
edit post
California Attorney Pleads Guilty For Role In 2M Ponzi Scheme

California Attorney Pleads Guilty For Role In $912M Ponzi Scheme

October 15, 2025
edit post
Trump-Linked Truth Social Set to Become First Social Media Offering Prediction Market Trading

Trump-Linked Truth Social Set to Become First Social Media Offering Prediction Market Trading

0
edit post
Elon Musk Wants  Trillion? Here Are 9 Better Places to Put That Money

Elon Musk Wants $1 Trillion? Here Are 9 Better Places to Put That Money

0
edit post
Saudi power chair: Tariffs weaken the global energy transition and hurt humanity

Saudi power chair: Tariffs weaken the global energy transition and hurt humanity

0
edit post
Ray Dalio says a risky AI market bubble is forming, but may not pop until the Fed tightens

Ray Dalio says a risky AI market bubble is forming, but may not pop until the Fed tightens

0
edit post
Wizz Air uncompromising on demands for Israel hub

Wizz Air uncompromising on demands for Israel hub

0
edit post
Estate Planning Myths That Can Haunt Families

Estate Planning Myths That Can Haunt Families

0
edit post
Saudi power chair: Tariffs weaken the global energy transition and hurt humanity

Saudi power chair: Tariffs weaken the global energy transition and hurt humanity

October 28, 2025
edit post
Ray Dalio says a risky AI market bubble is forming, but may not pop until the Fed tightens

Ray Dalio says a risky AI market bubble is forming, but may not pop until the Fed tightens

October 28, 2025
edit post
Wizz Air uncompromising on demands for Israel hub

Wizz Air uncompromising on demands for Israel hub

October 28, 2025
edit post
Elon Musk Wants  Trillion? Here Are 9 Better Places to Put That Money

Elon Musk Wants $1 Trillion? Here Are 9 Better Places to Put That Money

October 28, 2025
edit post
Dogecoin Price Hasn’t Begun Its 3rd Wave Yet, ATH Above alt=

Dogecoin Price Hasn’t Begun Its 3rd Wave Yet, ATH Above $0.8 Still In The Cards

October 28, 2025
edit post
Trump says he is prepared to send ‘more than the National Guard’ into US cities

Trump says he is prepared to send ‘more than the National Guard’ into US cities

October 28, 2025
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Saudi power chair: Tariffs weaken the global energy transition and hurt humanity
  • Ray Dalio says a risky AI market bubble is forming, but may not pop until the Fed tightens
  • Wizz Air uncompromising on demands for Israel hub
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.