Cohere seeks to overturn underdog status with $7 billion valuation, key AI hire from Meta, and Uber alum CFO
Cohere, the Toronto-based startup building large language models for business customers, has long had a lot in common with its hometown hockey team, the Maple Leafs. They are a solid franchise and a big deal in Canada, but they’ve not made a Stanley Cup Final since 1967. Similarly, Cohere has built a string of solid, if not spectacular, LLMs and has established itself as the AI national champion of Canada. But it’s struggled for traction against better-known and better-funded rivals like OpenAI, Anthropic, ...