Cohere Raises Additional $100M, Reaches $7B Valuation as AI Company Launches New Enterprise Models
Summary
AI company Cohere raises additional $100 million funding, pushing its valuation to $7 billion while launching new Command A series enterprise models with vision, reasoning, and translation capabilities for secure deployment across global markets.
Key Points
- Cohere secures an additional $100 million in a second close to its latest funding round, bringing the company's valuation to approximately $7 billion
- The AI company releases its latest Command A series models including Vision, Reasoning, and Translate variants, designed for enterprise applications with multilingual support and private deployment capabilities
- Cohere expands partnerships with major enterprises including Dell, RBC, Bell, and AMD while scaling operations across North America, APAC, and EMEA to meet growing demand for secure AI solutions