VentureBeat June 8, 2023
Sharon Goldman

AI startup Cohere is most certainly no longer flying under the radar. The Toronto-based company just announced $270 million in a series C round of funding led by Inovia with participation from Nvidia, Oracle, Salesforce Ventures and others — valuing the company at over $2 billion.

“We are at the beginning of a new era driven by accelerated computing and generative AI,” said Jensen Huang, founder and CEO of Nvidia, in a statement. “The team at Cohere has made foundational contributions to generative AI. Their service will help enterprises around the world harness these capabilities to automate and accelerate.”

As VentureBeat reported in February, Aidan Gomez, cofounder and CEO of Cohere AI, had admitted that the company, which offers developers...

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