Cohere president Martin Kon is stepping down from his role weeks after the Toronto-based AI company raised US$500 million at a US$6.8-billion valuation. Kon, who joined from YouTube in 2023, will remain on the board and serve as senior advisor, according to Cohere. He helped lead three major funding rounds, securing more than US$1.5 billion.
Cohere recently announced leadership changes, including the appointment of former Meta research head Joelle Pineau as chief AI officer, Francois Chadwick as CFO, and Phil Blunsom as CTO. The company sells large language models and agent systems to major global enterprises.
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