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Aidan Gomez - 1 OpenAI - 1 Cohere - 1 Fortune - 1 It's - 1 Anthropic - 1 Claude chatbot - 1 Martin Kon - 1
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Search resuls for: "Cohere Inc"


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☆ AI startup Cohere cuts staff after $500 million funding round
  + stars: | 2024-07-23 | by ( Hayden Field | ) www.cnbc.com   time to read: +3 min
Cohere, the artificial intelligence startup founded by ex-Google AI researchers and backed by Nvidia , cut about 20 roles on Tuesday, CNBC confirmed. Despite the cuts, Cohere is hiring in areas such as customer operations, partnerships, revenue, sales, product design and modeling, according to its website. In June 2023, Cohere raised $270 million at a $2.2 billion valuation, with Salesforce and Oracle participating in the funding round. Many customers include businesses in banking, financial services and insurance, Kon told CNBC in the past. In November, Cohere told CNBC it saw an uptick in customer interest after OpenAI's sudden and temporary ouster of CEO Sam Altman.
Persons: Aidan Gomez, OpenAI, Cohere, Fortune, It's, Anthropic, Claude chatbot, Martin Kon, Kon, Sam Altman Organizations: Cohere Inc, Economic, Cohere, Google, Nvidia, CNBC, AMD, Oracle, Salesforce, Company, White, Enterprise Locations: Davos, Switzerland, Cohere, Cohere's
☆ Google in Talks to Invest $200 Million Into AI Startup
  + stars: | 2022-10-22 | by ( Berber Jin | Miles Kruppa | ) www.wsj.com   time to read: 1 min
Alphabet Google is in talks to invest at least $200 million into artificial intelligence startup Cohere Inc., according to people familiar with the matter, another sign of the escalating arms race among large technology companies in the sector. Founded in 2019, Cohere creates natural language processing software that developers can then use to build artificial intelligence applications for businesses, including tools for chatbots and other features that can understand human speech and text. Last November, the company announced a multiyear partnership with Google to have its cloud division supply the computing power needed for Cohere to train its software models.
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