Cohere raises $500M to beat back generative AI rivals July 24, 2024By rightstech Cohere, a generative AI startup co-founded by ex-Google researchers, has raised $500 million in new cash from investors including Cisco, AMD and Fujitsu. Unlike OpenAI, Anthropic, Mistral and many of its generative AI startup rivals, Cohere doesn’t have a big consumer focus. Instead, the company customizes its AI models, which perform tasks such as summarizing documents, writing website copy and powering chatbots, for companies like Oracle, LivePerson and Notion. Source: Cohere raises $500M to beat back generative AI rivals Share this:FacebookX
