Cohere raises $500 million in new funding, pushing its valuation to $6.8 billion
Cohere has raised $500 million in a new funding round, pushing its valuation to $6.8 billion. The Canadian company builds AI models and services for enterprise customers.<br /> The article Cohere raises $500 million in new funding, pushing its valuation to $6.8 billion appeared first on THE DECODER. [...]
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Cohere’s Rerank 4 quadruples the context window over 3.5 to cut agent errors and boost enterprise search accuracy
Almost a year after releasing Rerank 3.5, Cohere launched the latest version of its search model, now with a larger context window to help agents find the information they need to complete their tasks [...]
Major publishers sue AI startup Cohere over copyright infringement
Major publishers, including Politico and Vox, and their parent companies are suing the AI startup Cohere for copyright and trademark infringement, according to the Wall Street Journal. This is another [...]
Cohere's open-weight ASR model hits 5.4% word error rate — low enough to replace speech APIs in production pipelines
Enterprises building voice-enabled workflows have had limited options for production-grade transcription: closed APIs with data residency risks, or open models that trade accuracy for deployability. C [...]
Anthropic says it hit a $30 billion revenue run rate after 'crazy' 80x growth
Dario Amodei is not the kind of CEO who talks loosely about numbers. The Anthropic co-founder and chief executive, a former VP of research at OpenAI with a PhD in computational neuroscience from Princ [...]
Cohere and Aleph Alpha announce merger in Berlin, creating a $20 billion transatlantic AI company
Cohere’s shareholders will receive approximately 90% of the combined entity; Aleph Alpha’s shareholders approximately 10%, making this effectively a Cohere acquisition in merger framing. The Germa [...]
Cerebras stock nearly doubles on day one as AI chipmaker hits $100 billion — what it means for AI infrastructure
Cerebras Systems, the Silicon Valley chipmaker that built the world's largest commercial AI processor, erupted onto the Nasdaq on Wednesday, opening at $350 per share — nearly double its $185 I [...]
Cohere takes over Aleph Alpha shortly after the German startup ousted its original founder
Just months after founder Jonas Andrulis was pushed out, Canadian AI company Cohere is taking over Aleph Alpha - once hailed as Germany's answer to OpenAI. The Schwarz Group is putting $600 milli [...]