News brief
On 2024/7/22, TechCrunch reported that Canadian generative AI company Cohere had raised USD 500 million with participation from Cisco, AMD, Fujitsu and others, increasing its valuation to USD 5.5 billion, double the USD 2.7 billion in 2023/6. Current annual revenue was approximately USD 35 million and total funding USD 970 million.
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AMD VenturesInvestors ↗CiscoInvestors ↗Cisco InvestmentsInvestors ↗CohereCompanies ↗Export Development CanadaInvestors ↗FujitsuInvestors ↗NVIDIAInvestors ↗OracleInvestors ↗PSP InvestmentsInvestors ↗Salesforce VenturesInvestors ↗
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Sources · 1Sources & provenance
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- techcrunch.com ↗Published Jul 22, 2024
Original source text
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2024年7月22日，据TechCrunch报道，加拿大生成式AI公司Cohere完成5亿美元融资，由Cisco、AMD、Fujitsu等投资方参与，估值提升至55亿美元，较2023年6月的27亿美元翻倍。该公司当前年收入约3500万美元，累计融资9.7亿美元。