Cohere Raises $500M to Expand Secure Agentic AI for Enterprise Markets


Cohere Raises $500M to Expand Secure Agentic AI for Enterprise Markets

📅 - Cohere has secured $500 million in fresh funding, lifting its valuation to $6.8 billion, as the enterprise AI company accelerates the rollout of its security-first agentic AI platform designed to improve organizational productivity. With the latest investment, Cohere plans to deepen its research capabilities, expand its product portfolio, and accelerate global market penetration.

The funding marks one of the largest AI-focused capital raises of the year. The oversubscribed round was co-led by Radical Ventures and Inovia Capital, with participation from new backers such as the Healthcare of Ontario Pension Plan (HOOPP) and continued support from existing investors including AMD Ventures, [...][... Check source for end of article ...]
Tags: AI

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