Toronto’s Cohere, a leading AI company, has successfully raised $270 million in its Series C financing round.
The funding, spearheaded by Inovia Capital, attracted a diverse group of global institutional and strategic investors, including NVIDIA, Oracle, and Salesforce Ventures.
With a focus on generative AI, Cohere aims to drive the next phase of AI products and services, transforming businesses across industries.
The company’s AI platform is uniquely designed for enterprise deployment, offering data security, customization, and support.
Cohere’s cloud-agnostic suite ensures flexibility and data privacy, enabling businesses to leverage AI while keeping their data secure.
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