AI firm Cohere raises US$500 million, giving business US$6.8 billion valuation

Aidan Gomez, co-founder of Cohere, attends the Collision Conference in Toronto on Tuesday, June 18, 2024.THE CANADIAN PRESS/Chris Young

 CHY RJB

TORONTO - Cohere says it's raised US$500 million, giving the 好色tv artificial intelligence firm a US$6.8 billion valuation.

The funding round was led by Radical Ventures and Inovia Capital, with additional cash from AMD Ventures, Nvidia, PSP Investments, Salesforce Ventures and the Healthcare of Ontario Pension Plan.

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