Cohere | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights
Cohere is the leading data security-focused enterprise AI company, providing industry-leading large language models (LLMs) and RAG...
Cohere is the leading data security-focused enterprise AI company, providing industry-leading large language models (LLMs) and RAG capabilities tailored to meet the needs of enterprise use cases that solve real-world problems. It is a global technology company co-headquartered in Toronto and San Francisco, with key offices in London and New York.
Website
Headquarters
Toronto, Ontario
Size
201-500 employees
Industry
Software Development
Specialities
Natural Language Processing, Machine Learning, Artificial Intelligence
🛍️ Cohere Product and Pricing News →
👔 Cohere CEO, Management and Leadership Team →
⚔️ Cohere Alternatives and Competitors →
💼 Cohere Hiring and Layoffs →
🤖 Cohere Developer, Integration and Automation News →
📈 Cohere Financials, Fundraising and Valuation News →
🛍️ Cohere Product and Pricing News
- Cohere has updated its embedding model to return vectors of length 1024 instead of 4096.
- Cohere updated their startup idea generator to use the 'command-r-plus-08-2024' model and now returns startup ideas and names without additional commentary.
- Cohere now includes a Python SDK alongside its Dashboard for code examples in fine-tuning the Chat endpoint model.
- Cohere has updated its API client to ClientV2 and introduced a new model version 'command-r-plus-08-2024' for generating responses.
- Cohere has updated its deployment options to include a SaaS platform for small to medium-sized businesses and has rebranded 'Data Usage Policy' to 'Enterprise Data Commitments.'
- Cohere has launched a comprehensive Fine-Tuning Suite to optimize generative AI for specific use cases and industries.
- Cohere's Command R Model Series is now available on Oracle Cloud Infrastructure, offering over 200 AI-driven features to enhance productivity across various business sectors.
- Cohere has integrated with Weights & Biases to simplify Command R fine-tuning with enhanced experiment tracking and metric visualization.
👔 Cohere CEO, Management and Leadership Team
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Chief Of Staff
[email protected] -
CTO & Co-Founder[email protected]
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Chief Scientist, Cohere; Professor of Computer Science, Oxford[email protected]
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Editor in Chief[email protected]
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President[email protected]
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President & COO[email protected]
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President of NSBE UofT chapter[email protected]
⚔️ Cohere Alternatives and Competitors
💼 Cohere Hiring and Layoffs
- Shannon H. has left Cohere as Head of Recruiting to join TRADEMARK as Senior Producer in the United States.
🤖 Cohere Developer, Integration and Automation News
- Cohere partnered with McKinsey's QuantumBlack to create a Virtual Shopping Assistant that boosts conversion rates by 10 to 20%.
- AWS partners with Cohere to offer core services that keep them at the edge of innovation, according to AWS CEO Matt Garman.
- Cohere collaborated with Fujitsu to develop Takane, a Japanese-language large language model for enterprises, launched on September 30, 2024.
- BT Group's new GenAI Gateway platform uses Cohere's large language models for internal applications.
- Ayush Thakur announced a partnership between Cohere and Weaviate.io for a new course.
- Cohere and NRI collaborate to launch a new financial AI platform.
- Cohere has partnered with Nomura Research Institute to launch the NRI Financial AI Platform, powered by Cohere’s AI models, scheduled for release in the first half of 2025.
- NRI will integrate Cohere's Command R+ LLM into its new financial AI platform through Oracle Cloud Infrastructure.
📈 Cohere Financials, Fundraising and Valuation News
- Gyanesh Pandey, an investor, announced his participation in Cohere's Series D funding round.
- On January 1, 2024, Cohere purchased OpaVote, an online voting platform specializing in ranked choice voting.
- Cohere raised $500M in a series D round and focuses on private LLM deployments and RAG use cases.
- Cohere closed a $500 million Series D funding round, led by PSP Investments, reaching a valuation of $5.5 billion.
- Cohere raised $500 million from investors like Cisco, AMD, and Fujitsu, bringing its valuation to $5.5 billion, and plans to double its workforce despite recent layoffs.
- Canadian Prime Minister Justin Trudeau congratulated Cohere for raising nearly C$690 million in a new funding round.
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