Enterprise AI model maker Cohere announced a $100 million extension to its recent financing, pushing its valuation to $7 billion. The company also unveiled a partnership with AMD, enabling its Command-family models to run on AMD Instinct GPUs while maintaining support for Nvidia hardware. Co‑founder Aidan Gomez, noted for his role in the original transformer paper, highlighted the focus on enterprise customers seeking AI sovereignty. New investors include the Business Development Bank of Canada and Nexxus Capital Management. The announcement was made at a TechCrunch event in San Francisco. Leia mais →