Cohere Hits $7B Valuation, Partners With AMD After Latest Raise

Cohere Hits $7B Valuation, Partners With AMD After Latest Raise

Cohere Hits $7B Valuation A Month After Its Last Raise, Partners With AMD Cohere hits $7B valuation a month after its last raise, marking a major milestone for the enterprise AI company. Just weeks after announcing a $500 million oversubscribed round, Cohere has secured an additional $100 million, pushing its valuation higher and strengthening its position in the AI race. Image Credits:Pavlo Gonchar/SOPA Images/LightRocket / Getty Images But the headline isn’t just the funding. Cohere also unveiled a key partnership with AMD that could shape the future of its AI model performance and infrastructure. Cohere’s $7B Valuation Comes Fast On The Heels Of Last Month’s Raise The AI model maker announced that this new $100 million extension builds on the $500 million raise it closed in August at a $6.8 billion valuation. Now, with the updated numbers, Cohere sits at a $7 billion valuation, proving investor confidence in its enterprise-focused approach to AI. Founded in 2019 by Aidan Gomez, one of th…