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Cohere

Cohere Launches Multimodal AI for Enterprise Search

April 15, 2025 by Newsdesk

Toronto-based AI company Cohere has launched Embed 4, a new multimodal search model capable of interpreting text, PDFs, graphs, and other visual formats across more than 100 languages. Designed for enterprise use, Embed 4 outperforms OpenAI’s top embedding model in multilingual tasks and excels in sectors like finance, healthcare, and manufacturing.

Cohere’s business-facing focus contrasts with consumer models, emphasizing real-world decision support over image generation. “Most businesses don’t need more pictures of cats,” said co-founder Nick Frosst. The model has been optimized for performance in languages such as Japanese, Arabic, and French.

Want to know more? Check out the source code on The Logic.

Canada Invests $240M in Cohere’s AI Expansion

March 21, 2025 by Newsdesk

The Government of Canada has finalized an investment of up to $240 million in Cohere’s $725 million AI compute project, Minister Anita Anand announced today. The funding will support a new Canadian AI data centre launching this year, boosting domestic compute capacity and enabling Cohere to commercialize large language models and compete globally.

The initiative marks the first award under the AI Compute Challenge, part of Canada’s Sovereign AI Compute Strategy. It also aims to support other Canadian AI firms and researchers by offering access to state-of-the-art infrastructure, reinforcing Canada’s leadership in the global AI race.

Want to know more? Check out the source code on Newswire.ca.

Cohere Launches AI Model Command A to Rival GPT-4o, DeepSeek V3

March 13, 2025 by Newsdesk

Toronto-based Cohere has launched Command A, a new generative AI model designed to deliver high performance with lower processing power. The model runs on just two Nvidia A100 or H100 chips, compared to the dozens required by competitors, making it cost-effective for enterprise adoption.

Cohere claims Command A rivals OpenAI’s GPT-4o and DeepSeek V3 in performance, excelling in academic tasks, retail workflows, and code generation. Integrated into Cohere’s North platform, the model enhances AI agents for HR, finance, and enterprise applications. Pricing remains in line with OpenAI’s GPT-4o.

Want to know more? Check out the source code on The Logic.

Toronto’s Cohere Takes a Pragmatic Approach to AI Growth

February 18, 2025 by Newsdesk

Toronto-based Cohere is taking a focused approach to AI, prioritizing business applications over consumer chatbots. The company’s North platform is being developed for industries such as banking (RBC) and telecom (STC Group), with plans to expand into healthcare and government.

Unlike rivals OpenAI and Anthropic, Cohere builds smaller, industry-specific models, prioritizing privacy and security. The firm is also Canada’s AI anchor tenant, securing $240M in federal funding for a new data center with CoreWeave. Amid U.S. AI dominance, Cohere’s CEO remains optimistic, stating, “We’re building the best tech—and we’re going to keep doing that.”

Want to know more? Check out the source code on The Logic.

Cohere Faces Copyright Lawsuit from Major Publishers

February 13, 2025 by Newsdesk

A coalition of 14 major media companies, including Toronto Star, Vox Media, and Condé Nast, has filed a copyright lawsuit against Cohere, accusing it of unauthorized use of their content to train its AI models. Filed in New York, the suit alleges massive copyright and trademark infringement and seeks damages plus an order stopping Cohere from using their work.

The filing claims Cohere’s chat tool reproduces entire articles and even fabricates content attributed to publishers. Cohere denies wrongdoing, calling the lawsuit “misguided” and defending its enterprise AI training practices. The case follows similar lawsuits against OpenAI and Anthropic.

Want to know more? Check out the source code on The Logic.

Borderless AI Raises $5M With Cohere Co-Founders’ Backing

January 17, 2025 by Newsdesk

Toronto-based Borderless AI has secured a US$5 million seed extension backed by Cohere co-founders Aidan Gomez and Ivan Zhang. This funding adds to the US$27 million raised in March 2024. Borderless, led by CEO Willson Cross, develops AI tools to automate onboarding and paperwork for remote international hires.

Now available in Canada and California, the company also launched HRGPT, a free tool for handling HR inquiries and tasks. Initially built on Cohere’s language models, Borderless now uses multiple AI providers. Gomez and Zhang continue investing in AI startups, expanding their growing angel portfolios.

Want to know more? Check out the source code on Techtalent.ca.

Cohere Launches AI System with RBC as First Client

January 9, 2025 by Newsdesk

Toronto-based AI leader Cohere has unveiled its North platform, allowing businesses to build AI-powered assistants for tasks like research and customer service. North integrates Cohere’s large language models (LLMs) with clients’ systems, offering security-focused AI solutions tailored for business.

RBC, the platform’s first marquee client, will use North for internal staff applications. Cohere touts its superior accuracy compared to Google and Microsoft, emphasizing ease of integration into existing workflows. President Martin Kon aims to demonstrate the potential of AI to corporate Canada, which he has criticized for being slow to adopt advanced technology.

Want to know more? Check out the source code on The Logic.

Canada Invests $240M in Cohere’s AI Data Centre Initiative

December 6, 2024 by Newsdesk

Toronto-based AI firm Cohere will build a multibillion-dollar data centre in Canada, bolstered by up to $240 million in federal funding. The investment marks the first allocation from Canada’s $700-million AI infrastructure fund, part of its $2-billion Sovereign AI Compute Strategy. Expected to go live in 2025, the data centre will support Cohere and other Canadian tech firms.

CoreWeave, a U.S.-based cloud computing startup valued at US$11.5 billion, will construct the facility. Cohere, Canada’s leading AI company with a valuation exceeding US$5.5 billion, is backed by notable investors like Nvidia, Oracle, and Inovia Capital.

Want to know more? Check out the source code on The Logic.

Toronto’s Cohere Eyes Market Growth with New AI Suite

December 5, 2024 by Newsdesk

Toronto-based Cohere plans to release a suite of workplace AI assistants, enabling companies to integrate generative tools into business systems like CRM platforms. CEO Aiden Gomez highlighted the firm’s strategy of customizing smaller models and offering tailored AI solutions for tasks like document creation and customer service.

Cohere distinguishes itself by focusing on quality data and capital efficiency rather than scaling processing power. Partnerships with tech giants, including Oracle and Fujitsu, bolster its enterprise reach. Cohere raised $940M USD to date, positioning itself as a trusted technology partner for global businesses seeking custom AI capabilities.

Want to know more? Check out the source code on The Logic.

AI and Legal Tech Drive Surge in Canadian Venture Capital Funding

October 23, 2024 by Newsdesk

Canadian venture funding reached its highest level since early 2022, with companies raising US$2.8 billion in the third quarter of 2024, according to PitchBook data.

Major deals drove the surge, including a US$500-million round for AI firm Cohere and a US$900-million deal for legal software company Clio, which accounted for half of the total capital raised. However, the number of deals dropped, with just 165 companies securing funding, down from 235 in the previous quarter. Investors noted that while the quality of startups is improving, VC firms continue to face challenges raising new funds.

Want to know more? Check out the source code on The Logic.

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