Cohere targets C$7 billion round as Canada buys an AI stake
The Series E has only reached its initial close; its target would value Cohere at C$35.7 billion, while Ottawa may invest up to C$1.6 billion.
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The Series E has only reached its initial close; its target would value Cohere at C$35.7 billion, while Ottawa may invest up to C$1.6 billion.
The Paris lab says the Series D values it above €21B and will expand frontier research, compute capacity and sovereign AI deployments.
The collaboration covers AI infrastructure, localized advanced models, Arabic-language frontier models and regulated-industry deployments across the region.